The days of cafes getting milk in plastic bottles may be numbered if two young Dunedin entrepreneurs have their way.
Synlait has had its strongest year yet, tripling after-tax profit to $34.4 million for the year to July 31.
Fonterra surprised observers last week by announcing an early upgrade of its milk price; the GlobalDairyTrade (GDT) price index lift of just 1.7% was lower than expected, says ASB’s senior rural economist Nathan Penny.
Michael Stein, Synlait's general manager quality and regulatory, has accepted the role a quality and food safety director, Asia Pacific, with Danone Nutricia Early Life Nutrition.
Facing another year of low payout, Landcorp says it is shifting to lower intensity systems — reducing supplementary feeding and instead focusing on grass.
The Hound notes that Fonterra’s head of people, culture and safety, Maury Leyland, left the co-op at the end of the month, citing personal reasons.
Canterbury milk processor Synlait has taken on 28 more milk suppliers to meet growing demand for its value added milk products.