17 Mar 2022

Fonterra set to release interim financial results

From Morning Report, 6:44 am on 17 March 2022

Fonterra will release its interim financial results this morning.

Our largest company is expected to announce a strong position on the back of soaring commodity prices, which have been borne out in record milk payouts to dairy farmers.

The positive news comes at a time when confidence has slumped in the industry, according to a Federated Farmers survey.

Golden Bay dairy farmer Wayne Langford is chairman of the Federated Farmers Dairy Industry Group.

He spoke to Corin Dann.