Fresh Milk

In 2017-18, Westland upped its value-add income by NZ$15m.

Westland Milk Products issues annual report

By Jim Cornall

Westland Milk Products’ primary focus will be able to deliver a competitive payout for the 2018-19 financial year, chairman Pete Morrison said in his report to shareholders in the New Zealand dairy cooperative’s annual report.

Dean Foods reveals disappointing Q3 with seven plant closures

By Beth Newhart

Dean Foods posted a loss of 28 cents per share, or $26.4m in its third quarter. It also closed and consolidated seven manufacturing facilities within six weeks, racking up ‘significant transitory costs’ that are expected to continue.

The EDA said it supports the overall idea of establishing an EU Protein Strategy.

EDA EU Protein Strategy and the dairy sector

By Jim Cornall

The European Dairy Association (EDA), the voice of the milk processing industry across Europe, has conducted, together with IFCN, a study on the EU protein balance sheet for dairy to complete the official ‘EU Protein Balance Sheet (PBS)’, in the light...

At the beginning of 2019 customs duties on dairy products will be reduced by about 40%. Pic: ©Getty Images/Armastas

Dairy market reform agreement signed in Israel

By Jim Cornall

Israel’s Minister of Finance, Moshe Kahlon, Minister of Agriculture Uri Ariel, the Israel Farmers Association, and the Association of Cattle Breeders signed a reform agreement on the dairy market on October 29.

Westland said it was 'making progress on the matters it had direct control of.'

Westland reduces payout prediction

By Jim Cornall

The decline in global prices for dairy commodities, especially butter, has forced the board of Westland Milk Products to lower its predicted payout range for the 2018-19 season to NZ$6.10-NZ$6.50 (previously NZ$6.50-NZ$6.90).

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