fbpx
Print this page
Friday, 08 December 2017 07:55

Solid year for dairy goat co-op

Written by  Sudesh Kissun

Goat farmers supplying milk to the Dairy Goat Cooperative (DGC) were paid $18.50/kgMS last year.

Speaking at the annual meeting last month, chairman Campbell Storey reported a year of strong revenue.

This grew from $177 million in 2015-16 to $193m in 2016-17; sales grew in existing and developing export markets.

“Farmer payout remained positive at $18.50/kgMS,” he said.

During the financial year DGC gained accreditation to the international FSSC22000 food safety systems certification standard.

Farmer-shareholders voted to appoint Mark Dewdney the third independent director on the DGC board. He recently retired as chief executive of PGG Wrightson, having previously worked for Fonterra and LIC.

DGC was set up in 1984 to develop, manufacture and market overseas its own-brand goat milk nutritional powders for infants and children.

It sources goat milk from its shareholder suppliers in Northland, Waikato and Taranaki.

At its Hamilton base it owns and operates all its core manufacturing processes, enabling tightly controlled production of high quality milk formula. It has at least 200 staff there.

DGC products are sold in at least 20 countries.

More like this

Nichol is new PGW chair

A day after the ouster of PGG Wrightson’s chair and his deputy, the listed rural trader’s board has appointed John Nichol as the new independent chair.

Featured

Rural health programme inspires new optometry graduate

Grace Su, a recent optometry graduate from the University of Auckland, is moving to Tauranga to start work in a practice where she worked while participating in the university's Rural Health Interprofessional Programme (RHIP).

National

India FTA negotiations end

A landmark moment for New Zealand. That's how  Prime Minister Christopher Luxon describes the conclusion of negotiations for an India-New…

Machinery & Products