Tuesday, 16 April 2024 08:55

Milk price certainty

Written by Sudesh Kissun

font size decrease font size increase font size
Print
Email

Westland Milk chief executive Richard Wyeth.

Westland Milk has reaffirmed its commitment to pay farmer suppliers 10c above Fonterra farm gate milk price for the following two seasons.

Chief executive Richard Wyeth says the announcement will give certainty to their 400 farmer suppliers.

"There was some conjecture about payment and we've put that to bed," he told Dairy News.

Westland has been paying 10c above Fonterra's farm gate milk price for the past few seasons. The deal will now extend until the 2025-26 season.

Another milk processor, Synlait, faces the risk of farmer suppliers switching their supply to other processors like Westland and Fonterra.

Wyeth says they aren't actively advertising for suppliers.

"But i there are new suppliers interested in supplying Westland, our milk supply team will be happy to talk to them."

More like this

August 'crunch time' for season's milk price

August could be a crucial month for the farmgate milk price for this season, according to Rabobank senior agricultural analyst Emma Higgins.

Nominations open for co-op milk price panel member

The Fonterra Co-operative Council is looking for a farmer representative to sit on the Fonterra Milk Price Panel.

Synlait farmers give notice to withdraw milk supply

Troubled Canterbury milk processor, Synlait has delivered more bad news to its shareholders.

Wrong, again!

OPINION: This old mutt well remembers the wailing, whining and gnashing of teeth by former West Coast MP and Labour Agriculture Minister Damian O’Connor when Chineseowned Yili took over the troubled dairy company Westland Milk a few years back.

$8 final milk price likely

An $8/kgMS farm gate milk price is still on the cards with less than six weeks left to run this season.

Featured

Competition boosts community spirit

The real winner of this year’s FMG Young Farmer Region-off have been the regional communities.

Get teams set for what lies ahead

As calving approaches, farmers need to get their teams ready for what lies ahead in the coming months.

Want a natural winter pick-me-up? Try fruits

Feeling sluggish this winter? Then try some seasonal fruit, renowned for lifting mood, energy and immunity levels just when we need it most.

Keep warm, boost weight

The missing link in getting maximum weight gain in your calves may be as simple as keeping them warm, says the Christchurch manufacturer of a range of woollen covers for young livestock.