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2 Jul 2025 14:59
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  •   Home > News > Rural

    An agricultural economist is relieved to see Fonterra back in the black

    An agricultural economist is relieved to see Fonterra back in the black


    Fonterra
    Fonterra
    It's reported a 659-million-dollar net profit, after bleeding more than 600-million the previous year.

    Farmers will pocket a dividend of five cents a share, on top of their milk payout of seven-dollars-14 a kilo.

    Economist Peter Fraser says under a new strategy, Fonterra is now focussing on what it can do well.

    He says the co-op has stopped trying to be everything for everyone.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
     29 May: Good news for Fonterra dairy farmers - accompanied by a "but"
     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
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