News | Rural
2 May 2024 12:08
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • 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

    Fonterra has increased its forecast for the Farmgate Milk price for the 2024 financial year after a strong first quarter

    Fonterra has increased its forecast for the Farmgate Milk price for the 2024 financial year after a strong first quarter


    Fonterra
    Fonterra
    The predicted mid price point is up 25 cents to $7.30 per kilogram of milk solids.

    Fonterra's profit after tax is up 85 percent on this time last year, sitting at 392 million dollars.

    CEO Miles Hurrell says the forecast reflects a strengthening in demand from China and other key regions.

    © 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
     Top Stories

    RUGBY RUGBY
    Wallabies coach Joe Schmidt hopes the situation with the Melbourne Rebels is cleared up soon to give clarity on players futures More...

    BUSINESS BUSINESS
    Nelson City Council-owned properties at risk from landslips, are up for sale More...


     Today's News

    		 Law and Order:
    Up to 80 thousand dollars in cash has been seized during a gang bust, in Auckland and Northland 11:57

     Entertainment:
    Ryan Gosling is thrilled that Ken has become an inspiration to boys 11:44

     Entertainment:
    Jerry Seinfeld isn't worried about being politically correct with his comedy 11:14

     Law and Order:
    The Police watchdog's found officers weren't responsible for a crash that killed two men fleeing in a car in Wellington last year 11:07

     Law and Order:
    A lawyer representing former NRL prop Lloyd Perrett in proposed legal action against the Manly Sea Eagles has predicted a spate of civil suits could loom against professional sporting clubs 10:47

     Entertainment:
    Kanye West is being sued for racial discrimination from a former security guard 10:44

     Business:
    Nelson City Council-owned properties at risk from landslips, are up for sale 10:27

     Entertainment:
    Anne Hathaway was "chronically stressed" when she was younger 10:14

     Education:
    Pro-Palestinian protesters attacked, hundreds arrested in New York at encampment 10:07

     Accident and Emergency:
    The search for two fishermen missing on the Whangarei Heads continues 10:07

     News Search




    Power Search

    © 2024 New Zealand City Ltd