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Displaying items by tag: Westland Milk Products
OPINION: With most of New Zealand gripped by recent events in Christchurch, a huge week in our dairy industry passed with little media coverage.
Selling Westland Milk Products to the Chinese dairy giant Yili may be the right thing but will be the sad end of the cooperative, says Barrytown farmer Richard Reynolds.
The proposed sale of Westland Milk to Chinese company Yili is causing alarm among social media users.
Chinese dairy giant Yili says Westland Milk Co-op suppliers will benefit from a competitive milk payout and greater export opportunities.
Chinese dairy giant Yili will pay $588 million for dairy co-op Westland Milk, it was announced overnight.
As the dairy season starts to peak it’s not only a busy time for farmers, but also those who support them – such as the milk tanker drivers.
Westland Milk Products chief executive Toni Brendish admits the co-op has tested its shareholders’ patience and she can’t ask them to hold on any longer.