The dairy giant Fonterra has turned its fortunes around, producing a big profit after two years in the doldrums.
It's also announced a strong result for the 10-thousand farmers who own it, and supply the co-op with milk.
They will get the fourth highest price for their milk in the company's history - $7.14 per kg of milk solids - and a five cent dividend on top.
Maja Burry reports.