ALL THE SIGNS suggest a prolonged period of low international dairy prices will be required to soak up the current global market surplus, says Rabobank in its latest Dairy Quarterly report.

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.

SYNLAIT MILK is now a registered manufacturer of retail-ready infant formula for export to China, following approval from the Certification and Accreditation Administration of the People's Republic of China (CNCA).

TATUA MEMBERS of Federated Farmers are welcoming an all time record payout by a New Zealand milk processor at $9 per kilogram of milk solids (kg/MS) for the 2013/14 season.

Fonterra chairman John Wilson says there is further downside risk to its 2014-15 forecast payout.

INFANT FORMULA exporters and manufacturers are backing new regulations proposed by the government.

MOMENTUM IS quickly building with nominations opening for the fourth Dairy Woman of the Year Awards.

STRONG INFANT formula sales have boosted European co-op Royal FrieslandCampina’s half year results.

AN INCREASE in milk volumes expected as a result of the abolition of the EU’s milk quota are already showing up says Arla Foods chief executive Peder Tuborgh.

THERE’S RARELY a dull moment in dairy these days, and in many ways the past month has been an eventful one. In addition to the finalisation of 2013-14 milk prices and financial results for most processors, the oft-mentioned targeting of ‘high-value markets’ took further shape with deals such as the infant formula joint venture between Fonterra and Beingmate, in which Australian milk and facilities will play a key role.