Synlait lifts forecast milk price for 2018/19 season, upbeat about new season

Synlait lifts forecast milk price for 2018/19 season, upbeat about new season
Rebecca Howard
By Rebecca Howard May 28 (BusinessDesk) - Synlait Milk lifted its forecast milk price for the season that just ended on higher global dairy prices and is positive about the season starting in June. The Rakaia-based milk producer raised its forecast base milk price for the 2018/2019 season to $6.40 per kilogram of milk solids from $6.25/kgMS. Its opening forecast for the 2019/2020 season is $7.00 kg/MS.  "The increase to $6.40/kgMS for this season is due to recovering dairy commodity prices since our last update in January 2019,” said c...

More Primary Sector

Lower methane reductions comply with obligations: Govt
Primary Sector

Lower methane reductions comply with obligations: Govt

The Government will consider the findings of the independent review. 

Farm to forest pipeline felled by new rules
Primary Sector

Farm to forest pipeline felled by new rules

Farm to forest conversions will become more difficult in some parts of NZ.

Scales Corporation reiterates market guidance
Primary Sector

Scales Corporation reiterates market guidance

It has returned to a 'more normal' trading environment.