Cut with care
OPINION: The new government has clearly signalled big cuts across the public service.
Strong farmgate prices for red meat have also flowed through to better returns for processor and exporter Silver Fern Farms (SFF).
Farmers are being warned that they need to adapt to consumer-led change or risk going out of business.
It is out with the young and in with the old at the board of meat company Silver Fern Farms Co-operative (SFF).
A new group established to revise the fortunes of New Zealand’s struggling strong wool sector says it has already raised more than $500,000 and is starting to roll out its work programme.
The intended chairman of Farmlands Co-Operative, Rob Hewett, expects to take over a business in good heart and well-placed for the future.
Silver Fern Farms Cooperative has reported a net profit before tax of $2.4m for the 2018 financial year.
Farming cooperatives have dominated the awards made this year by Cooperative Business New Zealand (CBNZ).
Meat company Silver Fern Farms has turned around its fortunes during the last year from a $30 million loss to a profit of just over $15m.
OPINION: The new government has clearly signalled big cuts across the public service.
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