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29 Mar 2024 19:00
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  •   Home > News > Business

    An agricultural economist is relieved to see Fonterra back in the black

    An agricultural economist is relieved to see Fonterra back in the black


    Fonterra
    Fonterra
    It's reported a 659-million-dollar net profit, after bleeding more than 600-million the previous year.

    Farmers will pocket a dividend of five cents a share, on top of their milk payout of seven-dollars-14 a kilo.

    Economist Peter Fraser says under a new strategy, Fonterra is now focussing on what it can do well.

    He says the co-op has stopped trying to be everything for everyone.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    The Chiefs are backing young first-five Josh Jacomb to step up in tonight's Super Rugby clash against the Crusaders in Christchurch More...


    BUSINESS BUSINESS
    New Zealand Food Safety is supporting Matakana Smokehouse in its recall of a specific batch of two of its salmon products because of the possible presence of Listeria More...



     Today's News

    Rugby:
    The Chiefs are backing young first-five Josh Jacomb to step up in tonight's Super Rugby clash against the Crusaders in Christchurch 18:57

    Entertainment:
    Queen Camilla hosted authors and actors at a star-studded event in London to celebrate reading 18:53

    Law and Order:
    A man's due in court tomorrow facing a murder charge, after a body was found in a burnt-out car in Longlands, Hastings 18:47

    Business:
    New Zealand Food Safety is supporting Matakana Smokehouse in its recall of a specific batch of two of its salmon products because of the possible presence of Listeria 18:37

    Entertainment:
    Simon Cowell has adopted another puppy just months after he brought home a new German Shepherd called Pebbles 18:23

    Entertainment:
    Tracee Ellis Ross has paid a glowing birthday tribute to Diana Ross 17:53

    Rugby League:
    NRL Good Friday: Bulldogs take on desperate Rabbitohs, Broncos renew rivalry with Cowboys 17:37

    Cricket:
    Cricket's best female all-rounder has led England to a 4-1 T20 series win over New Zealand 17:27

    Entertainment:
    YouTube star Ninja has been diagnosed with cancer at the age of 32 17:23

    Rugby League:
    The South Sydney rugby league team is ready to lift itself off the canvas and floor the Canterbury Bulldogs in their Good Friday NRL contest 17:17


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