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26 Apr 2024 10:37
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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.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Living & Travel:
    A Hawke's Bay man will walk 100 kilometres on his centennial birthday this November for charity 10:27

    Business:
    Activity in the housing market is holding its own against the rising cost of borrowing 10:07

    International:
    Harvey Weinstein has had a huge court victory, reversing a landmark #MeToo ruling. Here's why he won 9:27

    Law and Order:
    A spate of cash box thefts on Wellington buses 9:27

    Environment:
    Freight trains will again cross Ashburton's Rangitata rail bridge, thanks to temporary repairs 8:27

    Law and Order:
    A 61-year-old Porirua man's been arrested, after a car tyre slashing spree 8:17

    Cricket:
    The Black Caps' young guns have a sniff at a T20 series victory against Pakistan, after taking a 2-1 series lead following a four-run game-four win 8:07

    Rugby League:
    Warriors coach Andrew Webster is walking towards the challenge of getting his team out of their current slump 7:57

    Basketball:
    The Wellington Saints have moved to the top of the National Basketball League with a 111-104 win over Hawke's Bay at TSB Arena 7:47

    Business:
    The cruise-ship season success is being celebrated -- but there's concern next season could hit an iceberg 7:37


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