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16 May 2022 18:19
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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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     16 May: DairyNZ says the Government's commitment of 339-million-dollars to reduce agricultural greenhouse gas emissions will help Kiwi dairy farmers remain 'high-performing'
     16 May: Home values are expected to drop in Canterbury? eventually
     15 May: Families facing 'mind boggling' school and childcare fees hoping for relief this election
     14 May: A second half scoring surge has helped the Blues to a 53-26 win over the Reds in Super Rugby Pacific at Eden Park
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     Today's News

    International:
    Details emerge of victims killed in supermarket shooting in Buffalo, New York 18:10

    Business:
    Push-back from the energy industry ... on the Government Emissions Reduction Plan 18:00

    Entertainment:
    Blac Chyna has been baptised 17:48

    Business:
    Stockbroker, sharemarket analyst, journalist and co-founder of Milford Asset Management, Brian Gaynor, has died 17:30

    Entertainment:
    Halsey has spent eight years fighting for a diagnosis for their health issues 17:18

    Business:
    Cycling New Zealand has committed to changing the way it deals with internal issues 17:10

    International:
    US authorities interview parents of suspect in deadly Buffalo, New York, supermarket shooting 16:50

    Motoring:
    Serious damage to a lower Hutt BP this morning, which was smashed into with a stolen digger about 2.30am 16:50

    Entertainment:
    Bruce MacVittie has died aged 65 16:48

    Entertainment:
    A dessert inspired by Queen Elizabeth and Prince Philip's wedding menu has been named the official Platinum Pudding 16:18


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