Wednesday, 10 May 2023 11:55

Wrong again!

Written by  The Hound

OPINION: Remember when the once-crumbling Westland Milk Products company was bought out by Chinese company Yili in 2019 and the howls of outrage and derision from current Minister of Agriculture and West Coast MP Damien O'Connor describing it as a 'sad day' for the West Coast?

However, some four years down the track, Westland Milk - under Yili's ownership - has gone from strength to strength. 

Not only is the company paying its farmers a 10c premium above Fonterra's payout, but last year it also surpassed $1 billion in annual revenue for the first time - making a profit of $39 million, with West Coast farmers receiving a record $9.40/kgMS for their milk in 2022.

Now the company is going to invest $70 million to expand its manufacturing of dairy protein lactoferrin.

The Hound reckons it looks like O'Connor has added to his long list of wrong calls when it comes to the NZ ag sector!

More like this

True colours

OPINION: The watermelon party (AKA the Greens) try to portray themselves as an upright, self-righteous, caring bunch of woke, bicycle-riding socialists, free of even the smallest venial sin.

Peace at last?

OPINION: Good news for hunters as Forest & Bird have "paused" legal action against the Fiordland Wapiti Foundation and agreed conservation work can continue without the extermination of wapiti.

Food insecurity

OPINION: Good on the UK'S NFU for battling to get supermarkets to prioritise local farmers' produce.

Buy local?

OPINION: Seven of the UK's major supermarket chains have now responded to the call for them to back the nation's farmers by adding 'buy British' tabs to their websites.

Wrong, again!

OPINION: This old mutt well remembers the wailing, whining and gnashing of teeth by former West Coast MP and Labour Agriculture Minister Damian O’Connor when Chineseowned Yili took over the troubled dairy company Westland Milk a few years back.

Featured

Editorial: Fonterra's U-turn

OPINION: Speaking at the Chinese Business Summit in Auckland last week, Fonterra chief exuecutive Miles Hurrell revealed that his phone was running hot over the weekend.

A winner's view

Kingi Smiler, the chair of Wairarapa Moana ki Pouakani (WMI), said after winning the Ahuwhenua Trophy he was both elated and relieved and added it was a tough competition being up against Whakatohera Māori Board.

Farm 4 is number one!

A dairy farm near the settlement of Mangakino has won the prestigious Ahuwhenua Trophy for the top Māori dairy farm for 2024.

National

Machinery & Products

More horsepower for Puma

Case IH's introduction of AFS Connect, an option for its high horsepower tractor ranges, has now been rolled out across…

EU tractor sales hit the brakes

According to numbers sourced from national authorities, 151,800 tractors were registered across Europe in 2023, of which 26,200 tractors (17%)…

GPS in control

In a move that will make harvesting operations easier, particularly in odd-shaped paddocks, Kuhn has announced that GPS section control…

» Latest Print Issues Online

The Hound

True colours

OPINION: The watermelon party (AKA the Greens) try to portray themselves as an upright, self-righteous, caring bunch of woke, bicycle-riding…

Peace at last?

OPINION: Good news for hunters as Forest & Bird have "paused" legal action against the Fiordland Wapiti Foundation and agreed…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter