Lewis Road investor Southern Pastures ties up with Westland Milk

Wed, 31 Jan 2018

By Paul McBeth Jan. 31 (BusinessDesk) - Dairy farm fund Southern Pastures LP, which took a quarter stake in Lewis Road Creamery last year, will link with Westland Milk Products as a supplier from the 2018/19 season and with plans for a high-value product joint venture. Separately, Westland cut its forecast milk payout for this season. Southern Pastures and Westland signed a letter of intent where the dairy farm investor's nine Canterbury farms will supply an extra 4 million kilograms of milk solids to Westland from 2019, and investigate...

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