The ups and downs of 2016 – the year in review
Another year has almost passed us by – again – and it is time for the annual review of 2016 in the primary sector as seen by the Rural News editorial team.
The Hound notes that former Meat Industry Excellence (MIE) member Mark Patterson is now trying to use the same anti-Chinese sentiment the failed group used to oppose the takeover by Yili of Westland Milk.
Patterson these days is a little-known NZ First list MP and he’s employing the same scare tactics that MIE tried and miserably failed to stop the very successful merger of Silver Fern Farms with China-based Shanghai Maling a couple of years ago.
Patterson’s claims that the sale of Westland to Yili risks NZ losing control of its biggest industry – dairy – to overseas ownership is a bit of a stretch when around 85% of the NZ industry is still controlled by the farmer owned-co-op Fonterra!
Synlait has swung to second-half profit as operations stabilise, but the dairy processor still posted a $75.4m annual loss.
LIC shareholders have elected a new North Island representative to the co-operative's Board, along with five representatives to its Shareholder Reference Group (SRG), following the company's Annual Meeting held in Invercargill.
Farmers across parts of Southland and South Otago are continuing to deal with difficult conditions after a prolonged run of wet weather, with pressure building around feed supply, stock management, pasture damage, farm infrastructure and everyday workloads.
Federated Farmers says it welcomes Labour's commitment to reviewing the Sharemilking Agreements Act, calling on other major parties to do the same.
For Canterbury dairy farmers Sian Meijer and Rick Wobben, wearable technology has become one of their most valuable on-farm tools - helping manage 1850 cows across an expansive, high-performing dairy operation while improving efficiency, mating outcomes and day-to-day decision making.
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.

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