News | Rural
27 Oct 2020 7:22
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Rural

    The strategy reset at Fonterra is paying off, and farmers wallets will see the benefits

    The strategy reset at Fonterra is paying off, and farmers wallets will see the benefits


    Fonterra
    Fonterra
    The co-op is back in the black, after last year's 605-million-dollar wipeout.

    It'll pay a dividend of five cents per share on top of the farmgate milk price of seven-dollars-14, per kilo of milk solids.

    Agricultural economist Peter Fraser says it's a big relief, after last year's results.

    He says Fonterra has spent about 18 months focussing on what it does well - and that's important to maintain during things like the Covid-19 pandemic.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     21 Oct: A challenging year ahead for beef and sheep farmers
     15 Oct: Fonterra's increased the mid-point of its forecast farmgate milk price range to $6.80 per kilos of Milk Solids, up from $6.40
     05 Oct: Dairy giant Fonterra's farm sales in China,don't mean it's pulling out of the market
     28 Sep: The bill to compensate Mid Canterbury farmers found with Mycoplasma bovis in their herds might be around 17-million dollars
     25 Sep: First there was Shrek the wooly sheep and now there's Mrs Gizzy Shrek
     19 Sep: An agricultural economist is relieved to see Fonterra back in the black
     18 Sep: Fonterra's boss says the company is on the home straight - when it comes to debt and earnings
     Top Stories

    RUGBY RUGBY
    Tomorrow will be the true test for Sam Whitelock to prove he's over the headaches that kept him out of the second Bledisloe Cup test More...


    BUSINESS BUSINESS
    The MCG looks like it'll be open for business for the Boxing Day test More...



     Today's News

    International:
    Lebanese families are taking the treacherous journey across the sea to Cyprus. Little Mohammed didn't make it 7:16

    Cycling:
    It's a rest day at cycling's Vuelta a Espana 7:16

    Business:
    The MCG looks like it'll be open for business for the Boxing Day test 7:06

    International:
    Why the 2020 US presidential election has millions of Americans waiting in line for hours to vote early 6:26

    Law and Order:
    The Corrections Minister expects any prisoner found guilty of assault, to be held to account 4:46

    Rugby League:
    Papua New Guinea celebrates as Justin Olam scores first try of the NRL grand final 23:07

    Accident and Emergency:
    Police have just released the name of the person who died in a crash at Te Karaka near Gisborne early Saturday morning 21:57

    Health & Safety:
    Early results from tests for a covid-19 vaccine being developed by the University of Oxford, in collaboration with AstraZeneca, show it produces a robust immune response in elderly people, the group at highest risk 21:17

    Soccer:
    Auckland City FC attacking midfielder Logan Rogerson's racing the clock to be fit in time for the opening round of the ISPS Handa Men's Premiership 18:57

    Accident and Emergency:
    A man injured on Friday in a workplace incident on a Central Otago farm has died in hospital 18:37


     News Search






    Power Search


    © 2020 New Zealand City Ltd