Breaking News, World News and Taiwan News.
News
Opinion
Taiwan Living
Learn English
The China Post
Subscribe
China Post RSS  RSS Feeds
Updated Tuesday, November 10, 2009 11:07 am TWN, dpa

NZ economy gets big boost from rising dairy price

WELLINGTON -- Soaring international milk powder prices are giving the New Zealand economy a multi-million dollar boost as it struggles out of recession, the country's biggest exporter announced Monday. The Fonterra Co-operative Group, the world's biggest exporter of dairy products, told its nearly 11,000 farmer-shareholders that it would pay them an average NZ$114,000 (US$83,200) more for their milk this season - an increase of nearly 20 percent on its previous forecast.
.

 

 

 

 

 

 

 

 

Subscribe to The China Post and save 25%. Click here
Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
Sponsors
▪Find great real time deals on China Flights. Book flights to China or China domestic flights 24/7.
▪Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪Save 70% for hotel in Shanghai and 6000 hotels, in Beijing, Guangzhou, Shenzhen, and all China.
▪Get the best deals for Guangzhou Hotels or choose from more than 10,000 hotels in 499 Chinese cities.
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search