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A2 Milk company may not be as well known as Fonterra but it can now claim title to being New Zealand’s biggest listed company (by market capitalisation).
A2 Milk shares last week jumped to $12.56, valuing a2 Company at $9.1 billion, toppling Auckland International Airport at $7.75b, Fisher & Paykel Healthcare at $7.37b and Meridian Energy at $7.29b.
Fonterra, which has a market capitalisation of $9.5b on NZX despite not being a public company, recently joined forces with a2 to process and market infant formula and other products.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.
Fears of a serious early drought in Hawke’s Bay have been allayed – for the moment at least.
There was much theatre in the Beehive before the Government's new Resource Management Act (RMA) reform bills were introduced into Parliament last week.
President Donald Trump’s decision to impose tariffs on imports into the US is doing good things for global trade, according…
Seen a giant cheese roll rolling along Southland’s roads?
