LIC semen probe results to be made public
The result of two probes into the supply of bad sire semen to over 1100 LIC farmer customers will be made public next month.
The purchaser of Crafar Farms has been given another two days to go unconditional on the sale.
Shanghai Pengxin Group, which received OIO approval last week, has until tomorrow to finalise the deal with receivers KordaMentha. The receivers had set an initial deadline of January 31.
In a statement KordaMentha says the extension will allow Shanghai Pengxin to "deal with some final matters in its OIO approval".
A local consortium which made an unsuccessful bid for Crafar Farms is challenging in court the Government's decision to approve a Chinese buyer.
The Crafar Farms Purchase Group says the sale of Crafar Farms to Shanghai Pengxin "is wrong in law".
It warns if not overturned by Judicial Review, the decision sets up open season for any foreign buyers wanting New Zealand land.
The group is the highest New Zealand bidder offering $171.5 million for the 16 farms. The Government's farming SOE, Landcorp made a lower bid for the farms.
The court action filed last Tuesday is expected to be heard this week in the High Court at Wellington.
Trade Minister Todd McClay says New Zealand has no intention of backing down in a trade dispute with Canada over dairy products.
There have been leadership changes at the Hamilton-based Dairy Goat Co-operative, which has been struggling financially in recent years.
Horticulture NZ chief executive Nadine Tunley will step down in August.
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Another 16 commercial beef farmers have been selected to take part in the Informing New Zealand Beef (INZB) programme designed to help drive the uptake of genetics in the industry.
Trade Minister Todd McClay says Kiwi exporters will be $100 million better off today as the NZ-EU Free Trade Agreement (FTA) comes into force.
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