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Most shareholders are speaking in support of Silver Fern farms' deal with Chinese company Shanghai Maling.
At least six shareholders spoke in favour of the deal; only one spoke against at its annual meeting in Dunedin today.
Shareholders welcome the extra capital that Shanghai Maling will inject into the company; it will put $261 million in return for a 50% stake in the co-op.
Shareholders are expected to back the deal.
The next phase of the Taste Pure Nature campaign has been launched in Shanghai, China.
OPINION: The Hound hears that tension was in the air at the recent Silver Fern Farms AGM, with the board reportedly dazed and confused at why their CEO would continue to hammer farmers to lower their emissions in perpetuity, without being able to state a dollar value for any of the touted premiums.
Despite Silver Fern Farms (SFF) posting a $21 million loss last season, chief executive Dan Boulton believes that better days are coming.
Variable weather conditions across the country are being blamed for the slow start to the meat processing season.
OPINION: It's time to fight back against Silver Fern Farms’ emissions agenda.
Former MP and Southland farmer Eric Roy has received the Outstanding Contribution to New Zealand’s Primary Industries Award.
OPINION: Good times are coming back for the primary industries. From sentiment expressed at Fieldays to the latest rural confidence survey results, all indicate farmer confidence at a near-record high.
Fonterra Whareroa wrapped up a successful season with a record-breaking cheese production volume and several gongs at the co-op's annual Best Site Cup awards.
A new publication has been launched that offers a comprehensive and up-to-date resource on commercially available grazing pasture species in New Zealand.
The New Zealand International Business Forum (NZIBF) has announced Felicity Roxburgh will take over as its new executive director.
"We're trying to get to the promised land but we're still in a bit of a swamp at the moment."
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