Displaying items by tag: Westland

Open Country Dairy (OCD) is the benchmark commodity processor and Tatua the benchmark value-added processor, says TDB Advisory.

Mention the words Westland Milk Products and eyebrows are raised and furrows appear on the face. Some say it’s a basket case, others in the know believe it is quite fixable. Time will tell.

Westland Milk Products has appointed farmer Peter Morrison as its new chairman.

The 2015-16 dairying season was a tough year for Westland Milk Products’ shareholders and suppliers, and the company itself, chairman Matt O-Regan says in the cooperative’s annual report released today.

Westland’s board chairman Matt O’Regan will step down as chairman and retire from the board on March 3, 2017.

Recently there has been a lot of negative news and comment about economic conditions in China – the slowing growth, a volatile stock market and the decrease in dairy imports.

Despite last week’s drop in this season’s expected milk payout by both Fonterra and Westland there are positive – albeit slow – signs about the future outlook for dairy prices.

A WESTLAND District Council–Westland Milk Products partnership is proposing a $5 million upgrade to the Hokitika supply to meet the growing demands of the dairy company for high quality water.

WESTLAND HAD a record revenue for the 2013-14 of $830 million, up 46% on the previous year, but admits its payout was not as industry competitive as previous years.

NEW ZEALAND'S second largest dairy cooperative Westland Milk Products has revised its payout prediction for the 2014-15 season to $5.40 - $5.80/kgMS.