Richard McIntyre: Federated Farmers Dairy Chair on Fonterra's interim results, the dairy sector

Fonterra farmers are in line for a large payout on interim results.  The co-op’s lifting its dividend to 22 cents a share, from 15 in the previous comparable period.  It's reporting its first-half profit increased 8% to $729 million.  Federated Farmers’ Richard McIntyre told Francesca Rudkin that for the first time in quite a while, he’s hearing farmers starting to talk about what they could or should invest in for their farms.  LISTEN ABOVE See omnystudio.com/listener for privacy information.