The news isn't quite so good for suppliers who may see a further cut in payouts.
Maury Leyland’s resignation from Fonterra made big headlines last week because of her previous involvement in setting strategy at the cooperative with chief executive Theo Spierings.
Synlait managing director John Penno says the company won’t update its payout forecast for the current season until May. With special audio feature.
28 suppliers join South Island milk processor, more on waiting list.