What Would Synlait Be Worth to Fonterra or a2 Milk?
Speculation of a possible joint move by Fonterra and a2 Milk to buy Synlait raises a much bigger strategic question, says agribusiness expert Dr Nic Lees.
OPINION: Dipping global dairy prices have already resulted in Irish farmers facing a price cut from processors.
In New Zealand, all eyes will be on Fonterra, which is currently forecasting a mid-point of $10/kgMS but a wide range of $9 to $11 for this season's milk.
In Ireland, DairyGold became the latest processor to slash its October price by 3.25c (NZ 6c). Other key Irish dairy processors Kerry Dairy Ireland and Lakeland Dairies slashed their prices as well.
The rationale behind the price reduction is explicitly tied to deteriorating international market fundamentals - a prolonged environment where strong global milk supply continues to exceed demand.
OPINION: In politics, credibility is and should be big. It must surely rank higher than charisma, which is quite trite and superficial. Yet, voters nowadays are often wooed and influenced by how someone looks or talks at a superficial level. TV plays a huge role in this.
Farmers can spend less time on paperwork, thanks to a new data sharing agreement between DairyNZ’s DairyBase and LIC’s MINDA software.
Kaikōura families affected by July's severe storm have found a practical solution to a problem that's kept some children away from regular schooling for weeks: a washed-out section of Inland Kaikōura Road, which has stopped the local school bus from running its usual route.
Rural New Zealand is welcoming the Government’s recent package of rural healthcare initiatives.
Interest in agritech and production animal systems has prompted Massey University's School of Agriculture and the Environment to new majors to its popular animal science degree.
Ballance Agrinutrients chief executive Kelvin Wickham says despite a tough year, he is pleased the business has returned to profit.
OPINION: After hogging the media limelight for telling a NZ Chinese MP to "go back home", Winston Peters has decided…
OPINION: With fuel prices soaring, one would have expected most farmers to be reclaiming excise duty on petrol.