Westland Milk reports positive season
"I'm more positive now than I was two or three months ago." That's the view of Richard Wyeth, chief executive of Hokitika-based Westland Milk Products (WMP).
The upcoming vote on Westland Milk’s sale is getting interesting as the big day approaches next week.
On July 4 Westland supplier shareholders meet to vote on Yili’s offer of $3.41/share.
The co-op’s largest shareholder, Southern pastures is abstaining from the vote. State-owned farmer PAMU, also a Westland supplier, hasn’t made up its mind yet on how it will vote.
Also reports of a big bonus to executives should the Yili deal go through is causing concern among some shareholders.
What seemed like a straight forward vote a couple of months ago is now looking slightly shaky.
A year on and the problems created by Cyclones Hale and Gabrielle has largely dropped off the radar of media and politicians.
The European Union Ambassador says the new free trade agreement (FTA) between the bloc and New Zealand will bring significant benefits to both parties.
Less Wellington bureucracy and more local, on-farm common sense was the focus of recent meetings held in South Canterbury as part of the Government's National Woolshed tour program.
'A lot of interest and positive responses' appears to be the way farmers are viewing the Government's initiative to hold a series of woolshed meetings around the country.
A Southland farming leader wants the regional council to delay a proposed regional rates hike, much of which is intended to fund flood protection works.