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29 Nov 2025 21:27
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      Home > News > Rural

    Good news for dairy farmers - and the economy

    Good news for dairy farmers - and the economy


    Fonterra
    Fonterra
    Fonterra's reported a 659-million-dollar net profit for the 2019/2020 season, after a 605-million-dollar loss last year.

    ASB economist Chris Tenent-Brown says, with Covid-19 impacts, its understandable the co-op is being cautious with it's forecast for next year - but he believes it will achieve a reasonable milk price next year.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     28 Nov: Farmers are turning out more milk with fewer cows
     25 Nov: Fonterra still expects most dairy farmers to break even this season
     23 Nov: Calls for farmers to get on top of worm treatment for their dogs - to stop the spread of C-ovis or sheep measles
     31 Oct: Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters
     30 Oct: There are no guarantees Anchor, Mainland and Kapiti products will always be made with New Zealand dairy
     30 Oct: Plenty at stake for Fonterra farmers, as they weigh up whether to sell the co-op's consumer brands
     24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit
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