Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


2012 peak milk production setting new records


MEDIA RELEASE – 30 NOVEMBER 2012

2012 peak milk production setting new records

In spite of a cold, wet spring on the West Coast, Westland Milk Products’ shareholder/suppliers on both sides of the Alps have re-written the record books with a peak milk production of 3.2 million litres, edging ahead of last season by 3% season to date.

Says Chief Executive Rod Quin: “This essentially means our shareholders are managing to maintain and even improve on production, which is a considerable testament to their productivity and efficiency.”

Peak milk is now declining in Canterbury but good volumes are still coming in from West Coast shareholders resulting in record amounts of product being produced on a weekly basis. For example, Westland made 10,617 metric tonnes of milk-based product to the end of, an 11.3% increase on last season. This was due in part to earlier milk collection enabling farmers to have more choice of their calving program.

“The challenge of this additional product is a welcome one especially in a rising market,” Quin says, “and that’s where our new capacity to manufacture nutritional products comes in.

“Our strategic decision to enter the higher value dairy nutritionals market was part of our commitment to improve our shareholders’ pay-out and put the company on a stronger financial footing.

“We commissioned our new infant formula plant in September and samples of these new products have been sent into the market and feedback has been very positive. We are on track for the new plant to come into full commercial production in February. This will not only mark a significant new chapter in Westland Milk Products’ history, it’s a significant step toward generating more value out of our milk and therefore returning more to our shareholders.”

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Real Estate: Housing Prices Head South In Most Of NZ

Housing became more affordable for first home buyers in many parts of the country including Auckland last month, as falling prices more than offset rising mortgage interest rates. More>>

ALSO:

Cosmetics & Pollution: Proposal To Ban Microbeads

Cosmetic products containing microbeads will be banned under a proposal announced by the Minister for the Environment today. Marine scientists have been advocating for a ban on the microplastics, which have been found to quickly enter waterways and harm marine life. More>>

ALSO:

NIWA: 2016 New Zealand’s Warmest Year On Record

Annual temperatures were above average (0.51°C to 1.20°C above the annual average) throughout the country, with very few locations observing near average temperatures (within 0.5°C of the annual average) or lower. The year 2016 was the warmest on record for New Zealand, based on NIWA’s seven-station series which begins in 1909. More>>

ALSO:

Farewell 2016: NZ Economy Flies Through 2016's Political Curveballs

Dec. 23 (BusinessDesk) - New Zealand's economy batted away some curly political curveballs of 2016 to end the year on a high note, with its twin planks of a booming construction sector and rampant tourism soon to be joined by a resurgent dairy industry. More>>

ALSO:

NZ Economy: More Growth Than Expected In 3rd Qtr

Dec. 22 (BusinessDesk) - New Zealand's economy grew at a faster pace than expected in the September quarter as a booming construction sector continued to underpin activity, spilling over into related building services, and was bolstered by tourism and transport ... More>>

  • NZ Govt - Solid growth for NZ despite fragile world economy
  • NZ Council of Trade Unions - Government needs to ensure economy raises living standards
  • KiwiRail Goes Deisel: Cans electric trains on partially electrified North Island trunkline

    Dec. 21 (BusinessDesk) – KiwiRail, the state-owned rail and freight operator, said a small fleet of electric trains on New Zealand’s North Island would be phased out over the next two years and replaced with diesel locomotives. More>>

  • KiwiRail - KiwiRail announces fleet decision on North Island line
  • Greens - Ditching electric trains massive step backwards
  • Labour - Bill English turns ‘Think Big’ into ‘Think Backwards’
  • First Union - Train drivers condemn KiwiRail’s return to “dirty diesel”
  • NZ First - KiwiRail Going Backwards for Xmas
  • Get More From Scoop

     
     
     
     
     
     
     
     
    Business
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news