Substitute for cow's milk?
OPINION: Scientists claim to have found a new way to make a substitute for cow's milk that could have a radical effect on the dairy industry.
OPINION: Is a2 Milk Company facing a possible takeover?
The Australian newspaper has linked a2 Milk to the Canadian dairy giant Saputo, which is reported to be close to making a big acquisition.
While a2 has declined to comment, takeover rumours have been rife during the past 12 months.
Once a darling of the stock exchange, with higher market value than Fonterra, a2 has seen its fortunes tumble as Covid set in.
Over the past year it has struggled to restore its earnings, profits and share price in the face of disrupted sales channels, excess stock and a slide in sales of infant formula in the key Chinese market.
Saputo, which already has a big presence in Australia, has an appetite for pouncing on dairy assets in key milk producing regions.
South Waikato farm manager Ben Purua’s amazing transformation from gang life to milking cows was rewarded with the Ahuwhenua Young Maori Farmer award last night.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.