In another sign the dairy industry is rebounding, milk processors are increasing their forecast price for the season.

Westland Milk Products, New Zealand's second biggest dairy cooperative, has announced the appointment of Toni Brendish as its new chief executive officer.

New Zealand's second biggest dairy cooperative Westland Milk Products has released a budget for the 2016-17 dairy season of $4.55 - $4.95/kgMS.

Dairy Woman of the Year Rebecca Keoghan loves governance and strategy and has worked her way into that in the last couple of years.

Adding value to New Zealand's dairy produce was the strong theme of the official opening of Westland Milk Products' new UHT plant at Rolleston last week.

Westland Milk Products has already received "substantial orders" for products from its new $40 million ultra-high temperature (UHT) plant in Rolleston.

Global market conditions for dairy products point to at least two more seasons of low milk payouts in New Zealand, Westland Milk Products told shareholders yesterday.

Westland Milk Products boss Rod Quin is leaving the company later this year.

Three leading dairy farmers have told Rural News a back-to-basics approach is the best way to manage the present dairy crisis.

The $8.40/kgMS payout was probably the worst thing that happened to the dairy industry, says family corporate farmer Trevor Hamilton.