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OPINION: Your old mate wonders why there has not been a whole lot of gnashing of teeth and wailing from the xenophobes – more commonly known as failing political party NZ First – about a Canadian pension fund buying a major stake in New Zealand’s biggest corporate dairy farmer, Dairy Holdings.
According to company records, Sooke Investments, a subsidiary of giant Quebec public service pension fund manager PSP Investments, bought 24.9% of South Island-based company, following the exit of an investor – owned by JD & RD Wallace Ltd and former National Government Minster John Luxton.
Dairy Holdings other major shareholders remain two NZ farming families – Colin and Dale Armer and Murray and Margaret Turley. The Ashburton-based company is Fonterra’s biggest shareholder.
Beef + Lamb New Zealand has released advice for farmers amid new COVID-19 restrictions.
Horticulture NZ is pleading with the Government to allow independent fruit and vegetable retailers to remain open as the wider Auckland region undergoes another COVID lockdown.
More investment in agriculture is required to achieve further growth post-COVID, according to Dr Jacqueline Rowarth.
The Government needs to put environmental goals on the back burner whilst managing debt from COVID-19, according to Dr Doug Edmeades.
Former Minister for Primary Industries Nathan Guy is heading back to his dairy farm in the Horowhenua with plans to invest more than $2 million in a new innovative dairy shed.
Feed company GrainCorp claims its new blending facility in Timaru will give South Island farmers more choice and flexibility when choosing feed product for animals.
