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29 Mar 2024 23:11
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  •   Home > News > Rural

    Fonterra farmers are grateful for an extra 20 thousand dollars coming their way when milk markets are so precarious

    Fonterra farmers are grateful for an extra 20 thousand dollars coming their way when milk markets are so precarious


    Fonterra
    Fonterra
    The dairy giant yesterday increased its price range forecast to six-dollars 70 to seven-dollars 30 per kilogram of milk solids - up from six-dollars 30 to seven-dollars 30.

    That pushes the mid-range point by 20 cents to seven-dollars.

    Federated Farmers president Andrew Hoggard says the extra income is a positive signal as Covid 19 has created an uncertain world.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     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
     21 Feb: Dairy prices are up 0.5 percent at the latest Global Dairy Trade auction overnight
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