Displaying items by tag: Milk

Fonterra has lifted its forecast farmgate milk price for the 2013-14 season by 50 cents to $7.50/kgMS.

Synlait Milk has set a final price of $2.20 per ordinary share to be offered to institutions and selected NZX firms in its Initial Public Offering (IPO) which opens today (July 9).

A total of 328 farms have applied to supply 37 million kgMS for Fonterra's Guaranteed Milk Price (GMP) pilot for the 2013/14 season.

Westland Milk finished the season with a 5.3% increase in milk processed on last season, despite the drought on the West Coast.

Synlait Milk plans to raise $75 million new primary capital and will also hold a secondary sell down set at about $45 million.

A Kiwi company with an innovation and technology focus has invented the first ever New Zealand-made electronic milk meter designed to use every milking, every day.

Michael Stein, a former director of quality for one the world's leading companies in paediatric nutrition, will join Synlait Milk as general manager quality later this month.

Westland Milk Products has announced a payout prediction for the 2013-14 season of $6.60 to $7kg/MS, an increase of 60 to 70 cents on the current season.

Home-town hero Richie McCaw knows the milk being delivered to Christchurch's Burnside Primary School children as part of Fonterra Milk for Schools will be top-notch.

Fonterra drivers will now be hitting the roads in 14 brand new Fonterra Milk for Schools themed tankers.