Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
Six months after welcoming a new chief executive, Maori-owned milk processor Miraka has had to start a new search for a leader.
Grant Watson, who left Fonterra earlier this year to join Miraka has now been poached by troubled processor Synlait.
It's quite unusual for a CEO to leave six months into his new job but the lure of turning around the fortunes of a listed company may have triggered Watson's move. That's speculative though as no reason has been given for Watson leaving Miraka.
Now all eyes will be on Grant Watson as he tries to move Synlait back into the black after the processor recorded its first trading loss since listing on NZX - following well-publicised trading difficulties.
More bull breeders are using genetic tools according to the latest research.
Females are dominating the veterinary profession worldwide and many farmers are welcoming this change in the composition of the profession, says Britain's Chief Veterinary Officer (CVO) Professor Christine Middlemiss.
A five-year randomised survey of herbicide resistance on New Zealand arable farms has found widespread high levels of resistance - with 71% of farms affected in the worst-hit region - South Canterbury.
OPINION: The recent Federated Farmers / Rabobank 2024 Farming Salaries Report revealed strong growth in farm salaries over the past two years.
The low unemployment environment is one of the key factors driving on-farm salaries higher over the past 24 months, says Rabobank general manager for country banking Bruce Weir.
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.