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17 May 2022 17:12
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  •   Home > News > Business

    Farmers are creaming it and the economy will benefit

    Farmers are creaming it and the economy will benefit


    Fonterra
    Fonterra
    Fonterra has lifted its forecast Farmgate Milk Price.

    The midpoint range is now 9-dollars-20 per kg of milk solids -- up 50 cents on the previous forecast.

    The Country's Rowena Duncum says shareholders will receive about 25 to 35 cents per share this year, after years without a dividend.

    She says everyone else will get a slice of the action too, because it equates to 13.8 billion dollars to the economy this season.

    © 2022 Newstalk ZB, NZCity

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     Today's News

    Law and Order:
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    Rugby League:
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    Entertainment:
    Teddi Mellencamp got a neck lift because her "body lost that elasticity" 16:48

    Health & Safety:
    Lower Hutt's Mayor wants more clarity around his local hospital's future 16:40

    Politics:
    The next step in rolling out a school-based mental health support service 16:20

    Entertainment:
    Fran Drescher says being "rarely alone without " her service dog helps her PTSD 16:18

    Entertainment:
    Phoebe Bridgers, Billie Eilish and Megan Thee Stallion have signed an open letter opposing the US Supreme Court's proposed abortion rights rollback 15:48

    Entertainment:
    Ariana Grande won't drop a new album until she's wrapped 'Wicked' 15:18

    Business:
    Should you leave your money in superannuation or put it towards a deposit for a first home? 15:10

    Law and Order:
    Police are on the lookout for mother and son - 37-year old Kara Blair and five-year-old Cooper Hunter 14:50


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