increase font size
Silver Fern Farms’ chairman Rob Hewett has effectively backed himself and Herstall Ulrich in the director election requesting a vote for “no change” to the board.
The cooperative’s debt reduction and Plate-to-Pasture programmes are “winning strategies” and it is important they are not derailed, he told Rural News.
“We want to invest more in the revenue growth parts of our business, driving our consumer and hotel-restaurant offers into selected high-potential markets around the world.”
The $100m capital raise that Goldman Sachs is scoping for the cooperative would drive such investment, as well as debt reduction, and shareholders will be kept informed and given a clear investment value proposition when appropriate, he says.
“Increased equity is investment in growth and at the same time as paying down debt, turbo-charges the business.”
Hewett acknowledges industry restructure “remains to be dealt with” and says SFF is committed to “sensible rationalisation discussions” with any industry participant.
Silver Fern Farms chief executive Dan Boulton says the meat processor wants to find ways of getting product destined for Middle East markets into those markets as opposed to try and place them elsewhere.
Additional tariffs introduced by the Chinese Government last month on beef imports should favour New Zealand farmers and exporters.
The second event in the Silver Fern Farms ‘Pasture to Plate Roadshow’ landed in Feilding last week, headed by chair and King Country farmer, Anna Nelson, and chief executive Dan Boulton.
Keep up with innovation and e-commerce in China or risk losing market share. That was the message delivered at the China Business Summit in Auckland this month.
New Zealand must continue to educate Chinese consumers about the unique qualities of its red meat products and how they differ from competitors, says Silver Fern Farms chief executive Dan Boulton.
While the District Field Days brought with it a welcome dose of sunshine, it also attracted a significant cohort of sitting members from the Beehive – as one might expect in an election year.
Irish Minister of State of Agriculture, Noel Grealish was in New Zealand recently for an official visit.
While not all sibling rivalries come to blows, one headline event at the recent New Zealand Rural Games held in Palmerston North certainly did, when reigning World Champion Jack Jordan was denied the opportunity of defending his world title in Europe later this year, after being beaten by his big brother’s superior axle blows, at the Stihl Timbersports Nationals.
AgriZeroNZ has invested $5.1 million in Australian company Rumin8 to accelerate development of its methane-reducing products for cattle and bring them to New Zealand.
Farmers want more direct, accurate information about both fuel and fertiliser supply.
A bull on a freight plane sounds like the start of a joke, but for Ian Bryant, it is a fond memory of days gone by.
OPINION: If you ask this old mutt, the choice at the next election isn't shaping up as a contest of…
OPINION: A mate of yours says we're long overdue for a reckoning on what value farmers really get for the…
