John Stevenson: Fonterra Co-operative Council Chair says farmers are planning investments after Fonterra sale

Many Fonterra dairy farmers are planning to invest their upcoming capital return back into their farms. The dairy co-op's been given the green light by regulators to sell its consumer brands to France dairy giant Lactalis for $4.22 billion. Farmers will get back two-dollars a share, possibly by the middle of next month. Fonterra Co-operative Council Chair John Stevenson told Mike Hosking that farmers will be trying to make the most of the money they receive. LISTEN ABOVESee omnystudio.com/listener for privacy information.