News

Norco's milk suppliers the highest paid

MILKING THE MARKET: Dairy farmer Ken Bryant is happy the price of milk will be going up on July 1 by three cents a litre.
MILKING THE MARKET: Dairy farmer Ken Bryant is happy the price of milk will be going up on July 1 by three cents a litre. Doug Eaton

A THREE cents a litre increase to Norco's milk suppliers from July 1 is likely to make them the highest paid dairy farmers in the country.

NORCO CEO Brett Kelly said the co-op's second shipment of milk left for China this week and a new contract with Coles kicks in from July.

"The co-op has performed well in recent years... but this (price rise) is coming out of operational profit. Other dairy processors are yet to release their prices and I challenge them to match our performance," he said.

"Times are tough for farmers... we recognised we needed to increase our farm gate price, but the only way to do that was out of operational profit." Ken Bryant is a dairy farmer with 200 cows at Bexhill whose family has been supplying Norco for about 50 years.

He said the three cents increase is "a step in the right direction" but not enough to attract people to the industry.

"To get young people to stay in the industry or to attract new people in it's got to be profitable and even with the three cents, it's still not at that level," he said.

Mr Bryant said the introduction of $1 a litre price promotions in the major supermarkets had put a ceiling on prices paid to farmers and over the past few years the farm gate price had been going down slowly while the input costs kept going up dramatically.

"Costs have gone through the roof; electricity, insurance. This year grain prices have gone up massively because of the drought out west, so this pay rise just keeps us in business."

Mr Bryant said the three cent increase would be "the first decent pay rise (they've) had in three or four years" and he's hoping there's more to follow.

Brett Kelly is confident the opening of a market in China could be the next big growth area.

"If we can develop that in the next year or two and get substantial volumes at good prices then profitability goes up and we can pay more to farmers so they can invest in their farms," he said.

Topics:  norco



Five local arts organisations funded by federal grants

LOCALLY MADE: A performance of Dreamland by NORPA at Eureka Hall during their 2016 season, with actors Kirk Page, Katia Molino, Darcy Grant, Philip Blakcman and Toni Scanlon.

In theatre, literature, music and visual arts

6 beach emergencies in 5 days on North Coast

Searches for a man who reportedly went missing while swimming off Cabarita Beach yesterday.

Surf lifesavers were under the pump

'Human life and safety must come before marine animals'

This letter writer believes shark nets are a good thing for the North Coast.

Shark nets "protect human life", revive Aussie lifestyle: OPINION

Local Partners

Kristen Stewart to host SNL

Kristen Stewart will host a pre-Super Bowl episode of SNL next month

Louis Tomlinson celebrated his son's first birthday

Louis Tomlinson and Briana Jungwirth celebrate son's first birthday

Five local arts organisations funded by federal grants

LOCALLY MADE: A performance of Dreamland by NORPA at Eureka Hall during their 2016 season, with actors Kirk Page, Katia Molino, Darcy Grant, Philip Blakcman and Toni Scanlon.

In theatre, literature, music and visual arts

Kylie Minogue will take husband's name

Kylie Minogue will take her fiancé Joshua Sasse's surname

The Bean Project in Nimbin via Belgrave

VISITING: The Bean Project will play the Nimbin Bush Theatre on January 28.

The band plays a blend of folk and jazz

Agents desperate for stock as homebuyers circle region

Coorabell houses had a whopping median sale price of $1.4 million.

Lower price ranges stand out as Coffs property best sellers

7 quirky Airbnb homes on the Northern Rivers

Broken Head Bodhi Treehouse

Stay in a shipping container or treehouse for your next holiday

Controversial Iron Gates development renamed

Raine and Horne

Peaceful, pristine and perfect is the new motto for Iron Gates

'That’s the nature of commercial reality': Lismore council

GAME CHANGER: The $13 million proposal by Quest proposal is for a three-storey complex featuring 41 serviced apartments, 53 on-site carparks, 24-hour on-site management, a gymnasium and modern guest facilities.

"It's a shame the development is no longer on the table"

Thousands of jobs part of $1b retirement village project

THIS YEAR: An artist impression of the new Aveo retirement village in Springfield.

Aveo Springfield unveiled this month, homes ready by July

Ready to SELL your property?

Post Your Ad Here!