News | Rural
7 Dec 2019 19:38
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  •   Home > News > Rural

    Good news for farmers from Fonterra this morning

    Good news for farmers from Fonterra this morning


    Fonterra
    Fonterra
    The co-op has announced an increased forecast farmgate milk price range to between 6 dollars 55 and 7 dollars 55 per kilogram of milk solids.

    Fonterra CEO Miles Hurrell says the range remains wide, because of global trade tensions and political instability in some key sales regions.

    He estimates the cost revision will add another 450 million dollars into regional New Zealand.

    © 2019 Newstalk ZB, NZCity


     Other Rural News
     04 Dec: Dairy prices have fallen for the first time in three months
     20 Nov: Global dairy prices have risen 1.7 percent at Fonterra's latest overnight auction
     15 Nov: Fonterra's human resources manager has resigned after less than a year in the job
     06 Nov: Global dairy prices have risen 3.7-percent at Fonterra's latest overnight auction
     18 Oct: Trouble at Fonterra, but not of the financial kind this time
     17 Oct: Emergency services are trying to establish what caused a chemical explosion at a Fonterra plant north of Whangarei
     16 Oct: Despite public perception - a dairy farmer says most farmers... are doing they best job they can
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