Best efforts are being made in the dairy sector.

Fonterra's lifted its Farmgate Milk Price midpoint for the 2023/24 season by 25 cents, to $7.50 per kilogram of milksolids.

The company's had an 85% lift in profit, which bought them to $392 million in the first quarter of the financial year.

Lincoln University adjunct professor Jacqueline Rowarth told Mike Hosking that projections for farmers are looking promising despite a volatile market.

She says everyone is doing their best to indicate to farmers what the future looks like.

LISTEN ABOVE

Best efforts are being made in the dairy sector. 
Fonterra's lifted its Farmgate Milk Price midpoint for the 2023/24 season by 25 cents, to $7.50 per kilogram of milksolids. 
The company's had an 85% lift in profit, which bought them to $392 million in the first quarter of the financial year. 
Lincoln University adjunct professor Jacqueline Rowarth told Mike Hosking that projections for farmers are looking promising despite a volatile market. 
She says everyone is doing their best to indicate to farmers what the future looks like. 
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...