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Fonterra has lost the supply of 4 million kgMS to rival Westland Milk.
Southern Pastures, which owns nine Canterbury farms, is switching supply from the 2018-19 season; it has also spent $6 million buying Westland shares at $1.50/share.
As a result, Southern Pastures becomes the largest shareholder in Westland.
Ex-All Black captain Graham Mourie is one of the principals of Southern Pastures.
"The worst of the worst" is how Richard Kempthorne, the chair of the Nelson Tasman Rural Support Trust, describes the cumulative effects of the two storms that have wreaked havoc across the top of the South Island.
The basis for making great cheese is good milk, says the owner of Banks Peninsula's Barry's Bay Cheese, which was named Champion of Champons Mid-Size, for its traditional Aged Gouda, at this year's NZ Champions of Cheese Awards.
The 2024 Ahuwhenua Young Māori Farmer of the Year, Ben Purua has been named farmer-backed charity Meet the Need's first official ambassador.
Global dairy prices have ended a two-month run of losses.
The world's largest dairy company may be in pole position to acquire Fonterra's Australian assets.
In a major win for farmers, the Government has directed regional councils to halt all work on plans and regional policy statement reviews under the Resource Management Act (RMA).
OPINION: As India negotiates to open its borders to more global products, dairy is proving a sticky issue.
OPINION: Paranoia about foreigners is at an all-time high in the US and attention is now turning to foreign-owned farmland.
