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16 Dec 2019 9:20
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  •   Home > News > Business

    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


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     Today's News

    Soccer:
    A dominant first half has guided Manchester City to a 3-nil win at Arsenal in the English Premier League 8:57

    Basketball:
    The Breakers have managed to find a silver lining in the cloud hovering over Spark Arena 8:16

    Rugby:
    The Black Ferns sevens have claimed the inaugural Cape Town women's World Series event 7:57

    Politics:
    Global powers are calling for countries to increase their carbon reductions schemes 7:56

    Cycling:
    New Zealand's added three more medals at the track cycling World Cup in Brisbane 7:37

    Basketball:
    More injury concerns for the Breakers 7:26

    Environment:
    The Otago Regional Council is keeping a close eye on the area's rainfall 7:16

    Business:
    Horticulture is set to overtake forestry as the third largest primary sector 7:06

    Accident and Emergency:
    Police and navy divers will continue to search the water off Whakaari White Island, for the two people still missing 6:26

    Auckland:
    A boat sailed across an Auckland motorway and stopped traffic earlier this evening 21:57


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