Kiwi dairy farmers can breathe a sigh of relief following Fonterra's successful results.

The dairy giant posted a $1.1 billion dollar net profit and confirmed a 55 cent total dividend for the past financial year.

The Country's Jamie Mackay explains what this news means for the wider dairy sector.

LISTEN ABOVE  

Kiwi dairy farmers can breathe a sigh of relief following Fonterra's successful results.
The dairy giant posted a $1.1 billion dollar net profit and confirmed a 55 cent total dividend for the past financial year.
The Country's Jamie Mackay explains what this news means for the wider dairy sector.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Jamie Mackay: The Country host on Fonterra posting a stronger-than-expected net profit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5e9a3692-cbea-4a04-8860-b1f70082eabc/transcript