Tuesday, 20 August 2019 11:24

Wild West

Written by 

Two weeks after receiving their handsome payout from Chinese company Yili, it seems not all ex-Westland shareholders are laughing all the way to the bank.

Milking It hears that at least two farms there were put into receivership by banks last week. And given the disclosure of Fonterra’s troubles we might see more foreclosures. 

Farmers already complaining about banks’ heavy-handedness might find things get worse.

Featured

National

Machinery & Products

» Latest Print Issues Online

Milking It

Taking On Winnie

OPINION: No one messes around with Winston Peters, more so in a general election year.

Full of Surprises

OPINION: Staying on Federated Farmers, this week's annual general meeting in Auckland is shaping up to be an interesting one.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter