Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
RURAL COMMUNITIES will be celebrating record milk production as well as an increase in Fonterra's forecast Farmgate Milk Price for the 2013/14 season by 35 cents to a record level of $8.65/kgMS, says DairyNZ.
THE TRADITIONALLY low-cost pasture-based dairying regions, such as New Zealand, have lost their cost advantage as input prices have risen, says a Rabobank report.
Increased milk production was one of the main drivers for an unexpected 1.1% growth in GDP in the March quarter, the fastest quarterly pace in five years.
FONTERRA SAYS it’s still collecting 10% more milk than last year, with about 65 million litres/day coming in.
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.