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31 Oct 2020 4:35
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  •   Home > News > Business

    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.

    © 2020 Newstalk ZB, NZCity


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     29 Oct: ANZ New Zealand's cash profit for the year to September has slumped - but it's not all doom and gloom
     29 Oct: A big hit for the country's biggest bank
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    BUSINESS BUSINESS
    Global coronavirus cases have risen by more than 500,000 for the first time, a record one-day increase as countries across the Northern Hemisphere report daily spikes More...



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