Dairy Farmers external affairs manager Stuart Silver said the contract amounted to about seven per cent of the milk volume processed nationally by Dairy Farmers and only about five per cent of its overall revenue.
"We're disappointed to have lost the contract, but it's not the end of the world," Mr Silver
said the company would honour its recently announced opening season milk prices to its suppliers.
"They remain in place until June 30, 2003."
said National Foods would have to find an extra estimated 100 million litres of milk and they could approach Dairy Farmers
to supply some of that.
said Woolworths had assured Dairy Farmers
the basis of the decision was purely price.