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27 Apr 2024 14:55
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      Home > News > Rural

    Good news for dairy farmers - and the economy

    Good news for dairy farmers - and the economy


    Fonterra
    Fonterra
    Fonterra's reported a 659-million-dollar net profit for the 2019/2020 season, after a 605-million-dollar loss last year.

    ASB economist Chris Tenent-Brown says, with Covid-19 impacts, its understandable the co-op is being cautious with it's forecast for next year - but he believes it will achieve a reasonable milk price next year.

    © 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

    		 Rugby:
    Northern Stars coach Kiri Wills is unsure new netball contact rules are on the money yet - but she says that's expected 14:47

     Accident and Emergency:
    A person has died and two others injured, after crashing during a fleeing driver incident, north of Otaki 13:47

     Law and Order:
    A former US police officer has been found guilty of reckless endangerment, after the fatal shooting of Christchurch man Christian Glass 13:27

     Soccer:
    For the first time in club history, A-League silverware is genuinely in the sights of the Wellington Phoenix tonight at Sky Stadium 13:07

     Accident and Emergency:
    Five people have been rescued, after getting lost on the Makarewa Falls track, in Southland's Hokonui Hills 12:27

     Golf:
    Danny Lee's hoping the birdies continue to flow in his second round at LIV Adelaide this afternoon 11:57

     Rugby:
    The Chiefs are resigned to being without fullback Shaun Stevenson for at least a couple of weeks after he suffered a hamstring injury in the win over the Waratahs in Sydney 11:37

     Health & Safety:
    King Charles to resume public-facing duties, but cancer treatment to continue 11:27

     Soccer:
    Leicester City have secured automatic promotion back into the English Premier League 11:17

     Motoring:
    Audi F1 have their first driver as Nico Hülkenberg joins Sauber 11:17

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