Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
Provisions to manage Fonterra’s dominant position in New Zealand’s dairy markets will not expire at the end of May.
The Commerce Commission has released its final report on Fonterra’s base milk price calculation for the 2015/16 dairy season.
Fonterra sees a number of positive aspects in a dairy industry discussion document released over the weekend.
Fonterra would no longer be required tosell milk at a regulated price to large, export-focused processors, under options put forward in a discussion document.
The Commerce Commission is considering gradual relaxation of the Dairy Industry Restructuring Act (DIRA) raw milk regulations that require Fonterra to supply milk to competitors.
Canterbury-based processor Synlait Milk says it has decided to take a "significant allocation" of milk from Fonterra as permitted under the Dairy Industry Restructuring Act for the year ending July 2014.
The Commerce Commission is calling for submissions to the draft report it has released on its first statutory review of Fonterra's milk price manual.
Fonterra has welcomed the Commerce Commission's release of its final report on the dry run review of how Fonterra sets its farm gate milk price.
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
OPINION: It seems every bugger in this country can get an award these days.