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11 Jul 2025 20:19
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  •   Home > News > Rural

    It's hoped boom time for farmers will mean the same for the country

    It's hoped boom time for farmers will mean the same for the country


    Fonterra
    Fonterra
    Fonterra's made an after-tax profit of 364-million dollars, down seven percent on last year.

    The forecast farmgate milk price is still a record $9.30 to $9.90 per kilo of milk solids.

    Federated Farmers dairy chair, Wayne Langford, says the result's a credit to Fonterra and its pandemic management.

    He says billions of dollars will flow into the rural and general economy, at a time it's badly needed.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
     29 May: Good news for Fonterra dairy farmers - accompanied by a "but"
     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
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