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16 May 2025 3:11
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  •   Home > News > Rural

    Dairy farmers are being urged to pay down debt, while they're in a good position to do so

    Dairy farmers are being urged to pay down debt, while they're in a good position to do so


    Fonterra
    Fonterra
    Fonterra's already forecasting a midpoint of 10-dollars this season.

    Industry organisation Dairy NZ expects the situation to continue -- forecasting a payout above 10-dollars next season.

    DairyNZ Head of Economics Mark Storey says it's a good chance to clear debt, while payouts are rising and interest rates are falling.

    He says farmers have been making repayments in the last few seasons, and they should continue to do so.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
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     30 Apr: Hopes Fonterra will employ 120 workers, with the closure of a Hamilton milk-powder packaging facility
     21 Mar: The whole economy is expected to feel the positives coming out of the dairy sector
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     20 Mar: Fonterra has delivered a strong interim result for the 2025 fiscal year
     19 Mar: Dairy prices are unchanged, at this morning's Global Dairy Trade auction
     18 Mar: Dairy farmers could be in for two consecutively good seasons for the first time in 25 years
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