Brighter News To Finish A Tough Week

Brighter News To Finish A Tough Week

Source: Federated Farmers

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Fonterra’s announcement today of a lift in its payout to $6 puts a brighter note on the end of a tough week for farming.

Federated Farmers dairy chair Andrew Hoggard says this will be a huge boost to dairy farmers’ spirits after a difficult spring.

"The weather’s been kicking our guts over the last few months and that’s on top of what everyone knows has been a tough couple of years.

"This is going to boost everyone’s morale."

The announcement equates to about an extra 75 cents for the season.

"It’s good news. We are going to see dairy farmers feeling a lot more positive over the next couple of months, which is good news for the entire New Zealand economy," Andrew says.

ENDS

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