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22 Dec 2024 3:30
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      Home > News > Rural

    Fonterra farmers will share an extra 300 million dollars from a lifted milk price...thanks to strong demand from China

    Fonterra farmers will share an extra 300 million dollars from a lifted milk price...thanks to strong demand from China


    Fonterra
    Fonterra
    The co-op today bumped up its forecast midrange payout by 20 cents -taking it to seven dollars.

    CEO Miles Hurrell says Fonterra should contribute about 10.5 billion dollars to the economy this financial year.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     16 Dec: An early Christmas present for sheep farmers, with rising export prices for lamb
     05 Dec: Fonterra has raised the midpoint of its forecast Farmgate Milk Price, by 50 cents, to 10 dollars
     27 Nov: Most NZ dairy farmers put profitability first – but some are planting native trees anyway
     20 Nov: Dairy prices have risen another 1.9 percent at this morning's Global Dairy Trade auction
     12 Nov: Another global dairy giant could take over some of Fonterra's most well-known brands
     11 Nov: Good news for Kiwi dairy farmers, and more could be on the way
     06 Nov: Some good news for dairy farmers in today's Global Dairy Trade auction
     Top Stories

    RUGBY RUGBY
    A fully-clothed Tyson Fury has weighed in at his heaviest mark ahead of tomorrow morning's heavyweight boxing showdown against Oleksandr Usyk in Riyadh More...

    BUSINESS BUSINESS
    A lack of surprise over the drops sales for spirits and RTDs More...


     Today's News

    		 Soccer:
    Auckland FC's unbeaten run has come to a end after eight matches with a resounding 4-0 defeat to Western United at Mt Smart 21:56

     Living & Travel:
    Two Lotto players are in for a million-dollar Christmas 21:26

     Law and Order:
    The woman and her two children reported missing earlier today in Christchurch have been found and are safe 19:47

     Rugby:
    A fully-clothed Tyson Fury has weighed in at his heaviest mark ahead of tomorrow morning's heavyweight boxing showdown against Oleksandr Usyk in Riyadh 19:26

     Cricket:
    The White Ferns have slumped to a 65-run loss under the DLS method in the rain-hit second Rose Bowl one-day cricket international against Australia 19:17

     Living & Travel:
    He's got the job - but now Liam Lawson has to deliver for Red Bull's Formula One team 18:57

     Accident and Emergency:
    Kihikihi Road on State Highway 3 is closed following a serious crash in Te Awamutu in the Waikato 17:47

     Environment:
    More Severe Thunderstorm warnings as parts of the country are battered by heavy rain 17:37

     Accident and Emergency:
    One person has died at a workplace in Selwyn's Southbridge 17:27

     Netball:
    Silver Ferns coach Dame Noeline Taurua is hopeful her side's latest climb in netball's world rankings can lead to more tests against quality opposition in 2025 16:57

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