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
- 2017: three major drivers of M&A strategy
- Comment: Premier has more to ponder than Brexit
- The food market in 2017 - consumer trends and M&A
- just-food 2017 Survey - your thoughts on growth
- Food market in 2017: need-to-know US trends
- Premier Foods issues profit warning
- Nestle mum on Mead Johnson takeover talk
- Mondelez sells Vegemite to Bega
- Kellogg to slash 250 jobs
- UK's Bakkavor plays down IPO "speculation"