Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
Fonterra's new-season forecast farmgate milk price is "conservative" but the co-op expects the market to rebalance within 6-12 months, says Fonterra chairman John Wilson.
DairyNZ is committed to supporting dairy farmers following the announcement by Fonterra of an opening forecast farmgate milk price of $4.25/kgMS for the 2016-17 season.
New Zealand's second biggest dairy cooperative Westland Milk Products has released a budget for the 2016-17 dairy season of $4.55 - $4.95/kgMS.
The last significant in-season drop in the price of milk to suppliers was in 2008, and that doesn't take a long memory to recall: it is hardly ancient history.
Dairy Australia's next 'Situation and Outlook' report will be released on June 1, as a challenging season for many farmers approaches its end.
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.