Synlait confident it has enough milk for the next two seasons

Synlait confident it has enough milk for the next two seasons
Synlait's chief executive, Tim Carter. (Image: Supplied)
Riley Kennedy
Synlait Milk is confident it has “sufficient” milk for the next two dairy seasons, having reconfirmed that a majority of the cease notices issued have now been withdrawn.The Canterbury dairy processor’s farmer suppliers had until Monday to withdraw their notices to access the new premiums it dished out to entice them to stay.Synlait returned to profitability in the first six months of its financial year, reporting a net profit of $4.8 million.Acting chief executive Tim Carter said there was a positive uplift in cease withdrawa...

More Primary Sector

United States tariffs: NZ's hit could have been a lot worse
Primary Sector

United States tariffs: NZ's hit could have been a lot worse

Open Country's boss believes NZ needs to “keep our noses clean" going forward.

Mainland registered as Fonterra moves closer to divestment
Primary Sector

Mainland registered as Fonterra moves closer to divestment

The dual-track process appears to be picking up speed.

Riley Kennedy 03 Apr 2025
The simple strategy behind Dairyworks
Primary Sector

The simple strategy behind Dairyworks

Is New Zealand still fixated on the 1kg block of cheese?

Riley Kennedy 02 Apr 2025