The dairy sector isn't faring too badly despite the current situation.
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Photo / RNZ

Covid-19 has has a significant impact on a majority of New Zealand’s businesses but Fonterra is reasonably confident it will remain okay.

Fonterra Chief Executive Miles Hurrell told Mike Hosking the company’s had a couple of tough years, but last year put out good numbers.

He says there are clearly clouds on the horizon, but the company is prepared.

Eight butter products sold nationally in various supermarkets are being recalled over fears of contamination.

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