News | Rural
29 Jan 2021 0:20
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Days of Xmas
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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.

    © 2021 Newstalk ZB, NZCity


     Other Rural News
     28 Jan: Kiwi dairy farmers are leading the world in low emission production, but there's always room for improvement
     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
     Top Stories

    RUGBY RUGBY
    The Wheel Blacks want to get stuck in against the world's best at the Tokyo Paralympics More...


    BUSINESS BUSINESS
    Supermarkets and retailers are running short on stock of bubbly -- as congestion at the ports continues to wreak havoc More...



     Today's News

    International:
    GameStop stock has surged thanks to enthusiastic WallStreetBets Reddit users. Here's what you need to know 23:37

    Auckland:
    New Zealand-Australia travel bubble suspension extended as guests from Auckland's Pullman Hotel make their way across the Tasman 21:57

    Business:
    Supermarkets and retailers are running short on stock of bubbly -- as congestion at the ports continues to wreak havoc 21:57

    Entertainment:
    Samuel L. Jackson has received his first dose of the coronavirus vaccine 21:30

    Accident and Emergency:
    A person has died after a water incident in Whangarei Heads 21:17

    Politics:
    US President Joe Biden and Japanese Prime Minister Yoshihide Suga discussed the Senkaku/Diaoyu islands in a phone call. Here's why 21:07

    Entertainment:
    Lori Harvey has dec lared Michael B. Jordan "mine" 21:00

    Entertainment:
    Tom and Giovanna Fletcher plan to renew their wedding vows - and have another two honeymoons 20:30

    Entertainment:
    Trey Songz has been arrested 20:00

    Entertainment:
    Gisele Bundchen is "so proud" of her husband Tom Brady after he reached the Super Bowl for the 10th time 19:30


     News Search






    Power Search


    © 2021 New Zealand City Ltd