New Zealand

Westland's Rolleston plant.

News in brief

Westland Milk Products lowers pay-out prediction

By Jim Cornall

Lower than expected sales have led to the board of New Zealand’s Westland Milk Products to lower its predicted payout range for the 2018-19 season to NZ$5.80 - NZ$6.00 (US$3.95-US$4.08).

The sale of Westland to Yili is subject to shareholder and High Court approval. Pictured: Westland's Rolleston plant.

Yili set to buy NZ’s Westland for $404m

By Jim Cornall

The board of New Zealand’s Westland Co-operative Dairy Company Limited has signed a conditional scheme implementation agreement to sell the West Coast dairy cooperative to Hongkong Jingang Trade Holding Co., Limited (Jingang), a wholly-owned subsidiary...

Synlait’s next milk price update for the 2018/2019 season will be in May.

Synlait drops forecast milk price

By Jim Cornall

New Zealand dairy company Synlait said it is dropping its milk price forecast for the 2018/2019 season to NZ$6.25 kgMS (US$4.28) from the previously announced NZ$6.75 (US$4.63).

The government and especially farmers are able to point to ways they have been tackling environmental issues. Pic: ©Getty Images/Oknopo

Quick solutions needed for adverse effects of transformation from lamb to dairy

Industry and government take action to protect NZ waterways

By Richard Whitehead

It is one of the great ironies of dairy farming in New Zealand that animals are being accused of causing untold damage to the environment they live in.

Westland Milk Products CEO Toni Brendish (right) shows Prime Minister Jacinda Ardern the site for Westland's new segregation milk plant.

Westland to build new $22m plant

By Jim Cornall

New Zealand dairy cooperative Westland Milk Products has welcomed the investment, in the form of a NZ$9.9m (US$6.8m) loan, from the Government’s Provincial Growth Fund to help build a NZ$22m (US$15m) plant at Hokitika.

Will New Zealanders embrace or reject the potential positives of gene editing? Pic:©Getty Images/Pixturn

Success of world’s first allergen-free milk producer could help persuade Kiwis of benefits.

New Zealand tentatively reopens debate into dairy gene editing

By Richard Whitehead

It is an irony of bioscience that a country that prohibits most genetically modified produce from the food chain is a world leader in the development of gene editing.

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).

My Goodness! will be launched into the New Zealand market through supermarket chain Countdown in November.

Dairy-free ice-cream innovation with persimmons

By Jim Cornall

WellKit Foods International Ltd, a New Zealand nutritional foods company, is set to launch its flagship product innovation, My Goodness! – a fruit-based, non-dairy ice-cream – which it says will “revolutionize the globally-growing non-dairy dessert market.”