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New Zealand’s second largest milk processor, Open Country Dairy is offering suppliers a fixed milk price of $6.05/kgMS for the next season.
The country's second-largest milk processor has revised its forecast milk payout for the season as dairy prices soften.
Milk processor Open Country Dairy is looking at a ‘farm price’ model for paying its farmer suppliers.
Pam and John Hunter milk 435 cows on 130ha (eff) at Eureka, in the heart of Waikato dairy country, supplying Open Country Dairy.
The revenue range/kgMS of New Zealand’s dairy companies is remarkably wide -- from Tatua’s $18.58 to Fonterra’s commodity return of $5.81 -- says a new report on the dairy industry.
Open Country Dairy (OCD) is the benchmark commodity processor and Tatua the benchmark value-added processor, says TDB Advisory.
Fonterra's market share could fall from 84% to 79% over the next five years, says TDB Advisory, financial and economic advisors.
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