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Westland raises forecast 2007/08 payout to new record

This article was originally published in Dairy Markets

Industry minnow Westland Milk Products has raised its forecast payout for the season ending May 31 by NZ$0.20 to between NZ$6.90 and NZ$7.10/kg milksolids (€3.47-3.57/kg), below Fonterra's projected $7.30 (see DM, No 944, 17.04.08, p5), but well up on last year's $4.66 and a new record for the company.



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