Fonterra's forecast dairy payout next season adds $594m to GDP
Dairy NZ warns farmers to repay debt accumulated during last three seasons rather than going on a spending spree.
National GDP will increase by an estimated $594 million due to Fonterra’s forecast farmgate milk price rising to $6.50 per kilogram of milk solids for the 2017/2018 seasons, Dairy NZ estimates.
The country’s dominant milk processor yesterday forecast a revised farmgate milk price of $6.15/kgMS
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Fiona Rotherham
Thu, 25 May 2017
Thu, 25 May 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Fonterra's forecast dairy payout next season adds $594m to GDP
67218