ARCHIVES

Synlait to make own brands

Synlait is looking to develop its own consumer brands as part of its next growth phase after a year of consolidation and recording its strongest financial performance yet.

19 September 2017

Payoff comes for Synlait

Synlait has reported its strongest performance yet with after tax profit of $38.2 million, double digit growth in margins and revenue increasing 39% to $759m.

19 September 2017

Wet conditions hamper milk production

Wet conditions under foot have resulted in a slow start to the New Zealand milk production season. 

19 September 2017

Derivatives market expects WMP prices to ease

The NZX Dairy Derivatives market expects whole milk powder (WMP) prices to fall at the September 19 Global Dairy Trade (GDT) event. 

18 September 2017

Westland look to improve governance

Westland Milk Products shareholders will vote next month on a package of proposed changes designed to improve and update the co-operative’s governance.

18 September 2017

Prices for milk price futures contracts ease

The September 2017 milk price futures contract trading on the NZX Dairy Derivatives market had its last trading day last week, though there was no further trading for this contract ahead of it closing. It closed off at $6.15/ kg of milksolids (MS). This contract will settle in early October, after Fonterra announces its final milk price for the 2016-17 season. 

18 September 2017

Fonterra lifts GDT volumes

Fonterra has increased the amount of product it plans to offer at next week's Global Dairy Trade event. 

14 September 2017

Primary sector story still on the cards

The National Party has indicated it will invest more in a national assurance scheme to assist exporters add value to primary sector products, while Labour has been clear about its intention to lead research into an overarching primary sector brand.

14 September 2017

Open Country complains of raw deal

Talley’s-controlled Open Country Dairy wants the Commerce Commission to take a harder line on Fonterra’s asset beta in the review of the 2016-17 base milk price, which risks restricting rival processors from accessing raw milk if it’s set too low.

14 September 2017

Landcorp up for sale under National

National would sell off Landcorp farms if it leads the next government, suggesting there’s no clear public good coming from Crown ownership and little financial return to taxpayers.

14 September 2017