29 Aug 2013

Westland milk co-op raises milk payout

6:28 am on 29 August 2013

Westland Milk Products has joined Fonterra in lifting its forecast milk payment for the season.

Westland has increased its milk price to a range of $7.60 to $8 a kilo of milk solids - $1 above its first forecast in May.

Chief executive Rod Quin said it's based on a strong start to the season, with milk supply running 5% higher than expected, and international milk prices continuing to rise, largely unaffected by the furore over contamination issues.