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."
NEW ZEALAND: Westland Milk pays farmers record high in 2001-02
Get full access to all content, just $1 for 30 days
just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 21 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- The UK snack-bar market during Covid-19
- Where is UK snack-bar market headed?
- China becomes Nestle's problem child
- Candle left burning on Danone trajectory
- Will Danone 2021 predictions placate critics?
News
- Danone makes change at top amid investor pressure
- 'Pressure mounts over Danone executive selections'
- Danone moves to sell stake in Chinese dairy firm
- Second activist speaks out on Danone exec changes
- Former Premier Foods CEO enters new role
Market research
- Meal Kits (Prepared Meals) Market in the United Kingdom - Outlook to 2023: Market Size, Growth and Forecast Analytics
- Bangladesh In-depth PEST Insights
- Condiment Sauces (Seasonings, Dressings & Sauces) Market in Germany - Outlook to 2023: Market Size, Growth and Forecast Analytics
- Soups in the United States
- Greece In-depth PESTLE Insights
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
