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



Why Chris Hemsworth was spotted wearing nail polish

RED CARPET: Do you think Chris Hemsworth is the typical unpolished but well-natured Aussie bloke?

He's now officially the best bloke in Australia

Hogan, local farmers welcome slash to backpacker tax

BACKPACKER TAX: Changes to the system would affect the workforce numbers available at Tinaberries farm in Bundaberg. Photo: Paul Donaldson / NewsMail

Kevin Hogan has welcomed the Cabinet's decision

New VC has big dreams for Southern Cross University

Southern Cross University's new vice chancellor, Adam Shoemaker, is enjoying the new role based at Lismore.

Prof Shoemaker wants to see a better work, life, study balance

Local Partners

From purr to a roar, Meow Meow is not kitten

ANYTHING IS PAWSIBLE: Acclaimed cabaret star Meow Meow returns to Lismore.

Anything can happen during her local shows this week

Break strings, ho hearts

Ukulele player A. J. Leonard and cellist Jenny Rowling.

Master ukulelist visits this week

More Northern River schools needed to be counted in

John Foreman and Jay Laga'aia at a songwriting workshop earlier this year.

Music - Count Us In will be held in November

Naomi Watts and Liev Schreiber split

Naomi Watts and Liev Schreiber

Naomi Watts and Liev Schreiber have split after 11 years together.

Why Chris Hemsworth was spotted wearing nail polish

RED CARPET: Do you think Chris Hemsworth is the typical unpolished but well-natured Aussie bloke?

He's now officially the best bloke in Australia

Testament's new album is a concept album

ROME, ITALY- JULY 27, 2016: Testament photographed at The Roman Collisseium in Rome, Italy on July 27,2016. Gene Ambo

Testament to release new album

Buyers forking out millions

Owners benefiting from undersupplied Northern Rivers market

UPDATE: Former rodeo champ's sale rained out, now back on

Larkhill local Ken Consiglio is having an auction of most of the things on his property.

'People kept showing up and we had to turn them away'

Couple build their own 'tiny house' for $45k

Holly Bowen and Oli Bucher built their "tiny house" themselves, only hiring a plumber and an electrician. Photo/supplied

The house, which is built on a trailer and can be towed.

Sunshine Beach property breaks real estate record

The property overlooks Sunshine Beach, as the backyard lawn meets the sand.

Sunshine Beach mansion sale smashes real estate record

New $33 million development planned for Ballina Shire

The site of a proposed seniors living development at Skennars Head.

Plans include 211 homes, clubhouse and recreational facilities

SOLD: Historic hotel finds new owner

Post Office Hotel Grafton

Photo Adam Hourigan / The Daily Examiner

Pub in new hands and heading in a brand new direction