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7 Dec 2024 21:25
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  •   Home > News > Business

    Good news for Kiwi dairy farmers, and more could be on the way

    Good news for Kiwi dairy farmers, and more could be on the way


    Fonterra
    Fonterra
    Fonterra's raising its forecast Farmgate Milk Price midpoint from nine-dollars to nine-dollars-50, on the back of lifts in global dairy prices.

    The dairy co-op's confirmed the sale of its consumer business, and Oceania and Sri Lanka branches.

    The Country's Jamie Mackay says rising demand could push the farmgate midpoint higher.

    He says with Donald Trump's win pushing down the Kiwi Dollar, a midpoint of 10-dollars could be on the table.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     06 Dec: One electricity company wants big gentailers to split their generation and retail arms - at a time of power shortages and price hikes
     06 Dec: The Prime Minister's still hopes to bring billions to the country from multi-trillion dollar investment firm Blackrock -- despite its swift dumping of a Kiwi green energy company
     06 Dec: Funding research for economic return sounds good – but that’s not how science really works
     06 Dec: Calls from the Prime Minister, for us to rethink how we think about foreign investment
     05 Dec: Young people's reliance on the bank of mum and dad could impact their parents' retirement
     05 Dec: A battle over plans for a luxury lodge near Wanaka has reached the end of the road
     05 Dec: Further signs of a slowdown in construction, and a reduction in sheep farming
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    A milestone for Black Ferns Sevens veteran Kelly Brazier in this weekend's latest World Series event in Cape Town More...


    BUSINESS BUSINESS
    One electricity company wants big gentailers to split their generation and retail arms - at a time of power shortages and price hikes More...



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    Soccer:
    Auckland FC have made a strong start to their A-League derby with the Wellington Phoenix at Mount Smart Stadium 18:07

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    One of the Breakers' younger players is challenging himself to lead from the front when they host the Sydney Kings tonight 17:27

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    Rugby League:
    The Premier Hockey League will reach it's culmination when the finals are played this evening in Auckland 14:57


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