Plant-based bubble bursts
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird Ventures, and its products are no longer available in supermarkets.
Six months after welcoming a new chief executive, Maori-owned milk processor Miraka has had to start a new search for a leader.
Grant Watson, who left Fonterra earlier this year to join Miraka has now been poached by troubled processor Synlait.
It's quite unusual for a CEO to leave six months into his new job but the lure of turning around the fortunes of a listed company may have triggered Watson's move. That's speculative though as no reason has been given for Watson leaving Miraka.
Now all eyes will be on Grant Watson as he tries to move Synlait back into the black after the processor recorded its first trading loss since listing on NZX - following well-publicised trading difficulties.
Federated Farmers president Wayne Langford is claiming “some real success” on the 12 policy priorities it placed before the Coalition Government.
Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.
The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.
Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.
In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.
One of New Zealand’s deepest breeder Jersey herds – known for its enduring connection through cattle with the UK’s longest reigning monarch, Queen Elizabeth II – will host its 75th anniversary celebration sale on-farm on April 22.