Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
Another year has almost passed us by – again – and it is time for the annual review of 2015's good, bad and ugly in regards to the primary sector as seen by the Rural News editorial team...
The West Coast is a challenging place to live and farm. High rainfall is a feature of the region and it has always struggled to develop a strong economic base. Isolation is another issue.
Westland Milk Products chairman Matt O'Regan says it's very hard to predict a payout price given the volatility of the international market.
Westland Milk Products says its 2.5% drop in peak milk processing has meant more capacity available for the cooperative and its shareholders, enabling more focus on added-value product.
Despite a poor 2014-15 season, Westland Milk Products is in a sound financial position and well positioned to return higher payouts to shareholders in the medium to long term, says chief executive Rod Quin.
Westland Milk Products is preparing to conduct a review of staff roles, a move that will likely to result in redundancies according to chief executive Rod Quin.
Westland Milk Products has confirmed its payout for the 2014-15 season will remain unchanged at $4.90 - $5.10/kgMS but its prediction for the 2015-16 is more positive.
The first stage of Westland Milk Products’ new Farm Excellence (FarmEx) programme is almost complete, with 97% of farms having undergone their first assessment.
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.