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23 Apr 2024 20:20
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  •   Home > News > Business

    Relief for dairy farmers as Fonterra increases its forecast Farmgate Milk Price - after a shaky end to last year

    Relief for dairy farmers as Fonterra increases its forecast Farmgate Milk Price - after a shaky end to last year


    Fonterra
    Fonterra
    The midpoint's risen from seven-dollars-50 to seven-dollars-80 per kilo of milk solids.

    Fonterra Chief Executive Miles Hurrell says the midpoint pre-Christmas was around six dollars-70, which was below cost-of-production.

    He says they've since had five increases, and they're up about 10-percent from where they were in December, so they're positive signs.

    © 2024 Newstalk ZB, NZCity

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    Former New Zealand league, union and sevens representative Honey Hireme-Smiler believes there'll soon be women's athletes playing Super Rugby Aupiki and NRLW in the same year More...


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    Ryman Healthcare CEO - Richard Umbers - has resigned, a month out from the firm's full year result More...



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