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27 Apr 2024 13:56
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      Home > News > Rural

    Rapid gains in the New Zealand dollar have seen Fonterra trim its forecast payout by five cents for the recently completed season

    Rapid gains in the New Zealand dollar have seen Fonterra trim its forecast payout by five cents for the recently completed season


    Fonterra
    Fonterra
    But, the dairy-co-op has lifted its outlook for the current year based on resurgent Chinese demand.

    The mid-point for the year ahead has been bumped up 25 cents to $6.40 per kilo..

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     23 Apr: Sheep farmers are being urged to hang on
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
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     Today's News

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