Dairy farming in New Zealand: the country's two leading co-ops have announced price increases.
ADVERTISEMENT
Westland's new price will range between $4.55 and $4.95/kg milk solids (22.5-24.5c/l).
The co-op’s chair, Matt O’Regan, said in a statement that the increase came as a result of the recent uplift in international dairy prices for the range of products that Westland produces, along with this month’s positive Global Dairy Trade auction results.
He went on to say the advance rate payable on September had been approved at $3.80/kg (18.80c/l).
ADVERTISEMENT
O’Regan also said that, despite the higher forecast, the NZ dollar exchange rate continued to be a challenge, along with the short-term oversupply coming from international dairy markets.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Westland's new price will range between $4.55 and $4.95/kg milk solids (22.5-24.5c/l).
The co-op’s chair, Matt O’Regan, said in a statement that the increase came as a result of the recent uplift in international dairy prices for the range of products that Westland produces, along with this month’s positive Global Dairy Trade auction results.
He went on to say the advance rate payable on September had been approved at $3.80/kg (18.80c/l).
O’Regan also said that, despite the higher forecast, the NZ dollar exchange rate continued to be a challenge, along with the short-term oversupply coming from international dairy markets.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS