Business

Westland Milk lowers forecast payout

Westland Milk Products lowered its forecast payout for the current season by as much as 6.6 percent due to the decline in global dairy prices and butter in particular. 

New Zealand's third-largest dairy company now expects to pay between $6.10 and $6.50 per kilogram of milk solids versus a prior forecast of $6.50 to $6.90. Based on current indicat

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