Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
Golbal milk price recovery could be "slow and painful", with doubts now cast over when the turnaround may come in the next season.
Fonterra's milk collection across New Zealand last month dipped 3% compared to the same month last year.
Widespread drought conditions in the South Island mean the medium-scale event classification will be extended until the end of June, Primary Industries Minister Nathan Guy announced today.
El Nino will still be the main climate driver for the next three months or perhaps even longer despite recent rain, says Chris Brandolino, principal scientist forecasting at NIWA.
Despite recent rain, farmers in drought-affected parts of New Zealand will continue to feel the impacts of El Niño for months, as NIWA's latest seasonal outlook indicates.
Primary Industries Minister Nathan Guy has praised farmers' preparations for this summer's El Nino climate pattern, as it shapes up to be one of the strongest on record.
Farmers on the East Coast of the South Island are looking to move their stock to greener pastures as the hot and dry weather conditions continue to intensify.
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
OPINION: It seems every bugger in this country can get an award these days.