Tatua Dairy Co

Yeah.

Now, so this is an interesting one from, uh, Tatua, the, uh, it's, yeah, the Waikato, uh, dairy co-op.

They're reporting a better payout to farmers than Fonterra.

Yeah.

Well, it's a record payout for Tatua farmers at the $12.42 per kilo of milk solids there.

That's as its boss says that the co-op's performed exceptionally well during a year of global trade turmoil.

So the producer of retail and food service products like cooking creams, dairy whips, and specialty ingredients, well, it hopes to double cream manufacturing capacity over at its Morrinsville factory.

So Chief Executive Brendan Grainey says farmer shareholders will receive their final payout of $12.42 per kilo of milk solids for the season just been.

This week, we have a peep under the protein bonnet of three leading global dairy companies, Leprino in the US, Arla in Europe, and Tatua in New Zealand, as we attempt to answer the question everybody is asking, will unprecedented US dairy expansion in milk production and processing mean protein prices collapse next year and that the wheels come off the protein train? [upbeat music] Hi folks, I'm Jack Kennedy, and welcome to The Milk Business, a podcast on global dairy insights and analysis on issues that should be of interest to milk suppliers, co-ops, and companies trading in the global dairy game.

If you were buying whey powder at current prices, around twenty-five euro per kilo, you wouldn't want to see whey prices coming down anytime fast.

However, with over thirteen billion US dollars being invested in milk processing in the US, much of it into cheese processing, is there a chance the heat will come off whey prices? I was asked that question lots of time over the last few weeks.

So consumers on GLP-1s who eat less, or consumers just trying to reach protein targets with the right food, can now get ten grams of protein in a water bottle or in a coffee, and you don't get a milky taste, even though it's a whey protein isolate, a dairy-derived whey protein, a byproduct of mozzarella making that covers the majority of pizzas in the US.

There were a lot more stories and products like this explained to the large contingent from all over the world at the twelfth International Whey Conference that took place in Chicago last week.

The third dairy company I want to mention in this whey protein game is Tatua, the small New Zealand co-op down in the west of the South Island in New Zealand.

It's a little gem of a co-op, always was, paying as much, if not better, than the global giant Fonterra.

And for me, it's based on leadership in the whey protein game also.