Many Fonterra dairy farmers are planning to invest their upcoming capital return back into their farms.

The dairy co-op's been given the green light by regulators to sell its consumer brands to France dairy giant Lactalis for $4.22 billion.

Farmers will get back two-dollars a share, possibly by the middle of next month.

Fonterra Co-operative Council Chair John Stevenson told Mike Hosking that farmers will be trying to make the most of the money they receive.

LISTEN ABOVE

Many Fonterra dairy farmers are planning to invest their upcoming capital return back into their farms.
The dairy co-op's been given the green light by regulators to sell its consumer brands to France dairy giant Lactalis for $4.22 billion.
Farmers will get back two-dollars a share, possibly by the middle of next month.
Fonterra Co-operative Council Chair John Stevenson told Mike Hosking that farmers will be trying to make the most of the money they receive.
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,...

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John Stevenson: Fonterra Co-operative Council Chair says farmers are planning investments after Fonterra sale

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9c8dacad-467d-4183-9374-b40701377589/transcript