The days of cafes getting milk in plastic bottles may be numbered if two young Dunedin entrepreneurs have their way.
Infant formula and nutritionals will dominate Canterbury milk processor Synlait's sales over the next seven months.
Synlait founder and former Purata chief executive Juliet Maclean have teamed up with two former colleagues to create NZ's first technology-based health and safety system for farmers.
Canterbury dairy company Synlait Milk has begun selling a milk powder ingredient it claims is clinically proven to enhance sleep.
Federated Farmers Dairy president Andrew Hoggard is urging farmers to maintain a frugal mindset in the face of disappointing half-year results by processors.
Canterbury processor, Synlait Milk has increased its forecast of the market milk price for this season from $4.40/kgMS to a range of $4.50 - $4.70/kgMS.
Synlait Milk is confident that its food safety systems and security standards protect the integrity of its products.
Synlait Milk has revised its forecast of the market milk price for the FY2015 season down from $5/kgMS to $4.40/kgMS; along with a corresponding decrease in advance rates to farmers.
Current dry weather in Canterbury is expected to have little impact on Synlait Milk's milk supply because almost all Synlait suppliers have reliable irrigation water access.