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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.
Federated Farmers says it is cautiously welcoming signals from the Government that a major shake-up of local government is on its way.
Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.
The global agricultural landscape has entered a new phase where geopolitics – not only traditional market forces – will dictate agricultural trade flows, prices, and production decisions.
National Lamb Day is set to return in 2026 with organisers saying the celebrations will be bigger than ever.
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The chance of a $10-plus milk price for this season appears to be depleting.
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