A company spokesperson said the payment was effective from May 1.
The company said it recognised the immediate impact that rising input costs, including fuel and fertiliser, were having on farm operations and cash flows.
“Noumi remains committed to supporting its dairy farmers during this challenging period and values their ongoing partnership, resilience and dedication to supplying high-quality milk,” the company said.
Noumi’s suppliers produce milk for Noumi’s brands, including MILKLAB Lactose Free Milk, Australia’s Own Milk and So Natural Dairy Milk.
Noumi is also one of Australia’s largest long-life dairy contract manufacturers, as well as producing cream, protein and other nutritional food ingredients.
Noumi has its dairy and nutritional processing facilities in Shepparton and plant-based factory in Ingleburn, NSW.
The company recorded a first-half-year EBITDA of $33.9 million, on net revenue of $332 million.
Most of its revenue comes from dairy and the nutritionals sector.
