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20 May 2022 14:03
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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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