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16 Oct 2025 13:31
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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
     10 Oct: A warning to dairy farmers - to prepare for greater climate swings
     08 Oct: Dairy prices have fallen 1.6 percent at this morning's Global Dairy Trade auction
     29 Sep: Synlait's confirmed the sale of its loss-making factory at Pokeno to US company, Abbott
     26 Sep: Fonterra doesn't see an end in sight, to the growing demand for dairy
     26 Sep: Most dairy farmers are now breaking even again, for now
     25 Sep: Fonterra's CEO says cheaper butter prices could be on the horizon
     25 Sep: Our largest company has been seeing profits surge, despite a period of contraction in the economy as a whole
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