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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Primary Industries
2 mins to read

No special terms offered to Synlait suppliers, says Fonterra

Some Synlait farmers said to be determined to switch.

The Synlait plant at Dunsandel.

Tim Hunter Tue, 03 Sep 2024
Key points
  • What’s at stake: Milk processor Synlait needs milk supply to fulfil its contracts with customers such as A2 Milk.
  • Background: A debt crisis at Synlait has threatened its future, leading a majority of its suppliers to give notice of cessation.
  • Main players: Synlait, A2 Milk, Fonterra.

Dairy co-op Fonterra says it is not offering any special terms to farmers wishing to switch their supplies from Synlait but it would welcome additional milk supply.

Troubled Canterbury milk processor Synlait said in June “a significant majority” of its farmers had submitted termination of supply

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Tim Hunter Tue, 03 Sep 2024
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • What’s at stake: Milk processor Synlait needs milk supply to fulfil its contracts with customers such as A2 Milk.
  • Background: A debt crisis at Synlait has threatened its future, leading a majority of its suppliers to give notice of cessation.
  • Main players: Synlait, A2 Milk, Fonterra.
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No special terms offered to Synlait suppliers, says Fonterra
Primary Industries,
105666
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