Synlait CEO Resignation Highlights Deeper Challenges Facing Dairy Processor
A revolving door of chief executives at milk processor Synlait is a warning sign, says Lincon University senior lecturer in agribusiness Nic Lees.
South Canterbury milk processor Synlait says its Dunsandel site was not affected by this morning’s earthquakes.
The company says the plant is operating normally.
It also confirmed that employees, who live throughout the Canterbury region, are safe.
“Synlait Milk suppliers are located in the affected areas of North Canterbury,” it says.
“Synlait understands they are safe and are working with them to manage any disruptions, which are not expected to be significant.”
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
RaboResearch senior analyst Emma Higgins expects the 2026/27 dairy season to be another profitable one.
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
A potential showdown between the top two Federated Farmers leaders looms at the farmer lobby's annual meeting later this month.
FarmIQ Systems has developed a free land management app to help remove barriers to New Zealand farmers and growers adopting digital tools.