Norco milk suppliers to get $2m boost as the dairy co-operative lifts its farm gate milk price to 77 cents per litre

Dairy co-operative Norco is lifting the price it pays its suppliers by 2 cents per litre.

The increase will see its farmers receive 77 cents per litre for the second half of the financial year and push its average for the year up to just over 70 cents.

Norco’s CEO Michael Hampson said the board approved at his board meeting last Thursday.

“In light of the improved trading conditions of the business and the support that we’re getting from our customers, they certainly took the view to provide…