News | Rural
17 Jan 2021 1:43
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  •   Home > News > Rural

    Good news for farmers from Fonterra this morning

    Good news for farmers from Fonterra this morning


    Fonterra
    Fonterra
    The co-op has announced an increased forecast farmgate milk price range to between 6 dollars 55 and 7 dollars 55 per kilogram of milk solids.

    Fonterra CEO Miles Hurrell says the range remains wide, because of global trade tensions and political instability in some key sales regions.

    He estimates the cost revision will add another 450 million dollars into regional New Zealand.

    © 2021 Newstalk ZB, NZCity


     Other Rural News
     16 Dec: Some good news for farmers, in the last Global Dairy Trade auction before Christmas
     05 Dec: Fonterra farmers are grateful for an extra 20 thousand dollars coming their way when milk markets are so precarious
     04 Dec: Fonterra farmers will share an extra 300 million dollars from a lifted milk price...thanks to strong demand from China
     04 Dec: Fonterra is waiting on regulators to clear the sale of its Chinese farms
     04 Dec: A recovering China is lifting hopes that Fonterra will continue to piggy-back on growing milk demand
     04 Nov: Dairy farmers are looking ahead - both for the environment, and their farms
     21 Oct: A challenging year ahead for beef and sheep farmers
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