NEW ZEALAND: Westland Milk pays farmers record high in 2001-02
For the dairying season ended 31 May, dairy processing giant Westland Milk Products paid its farmer shareholders a record NZ$5.43 (US$2.58)/kg for milk solids. The Wellington-based firm explained in a statement released earlier today [Tuesday]: "High levels of production, with Westland Milk Products processing 337 million liters of milk from its suppliers, and favourable commodity prices and exchange rates in the early part of the season have generated revenue of NZ$186.7m."
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Interview: Sir Kensington's on sale to Unilever
- Analysis: Post discusses rationale for Weetabix
- Interview: "Disruptive" snack brand Hippeas
- Column: Why snacking is the new meal
- Who will buy Danone's Stonyfield business?
- Unilever buys US condiments maker Sir Kensington's
- Tyson shops Sara Lee bakery, Kettle and Van's
- Dairy dampens Danone in Q1
- Icelandic to sell Saucy Fish Co. owner Seachill
- Nestle organic growth slows but beats expectations