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Crafar Farms put into receivership owing NZ$200m
NZ's largest family owned dairy business is put into receivership by its banks Westpac, Rabobank and PGG Wrightson Finance.
Crafar Farms put into receivership
New Zealand's largest family owned dairy business, Crafar Farms, has been put into receivership, Korda Mentha said in a statement.
Receivers come to grips with Crafar problems
Receivers were getting mud on their gumboots yesterday as they came to grips with problems of Crafar Farms.
Fed Farmers dairy boss responds to mistreatment reports
Federated Farmers Dairy chair Lachlan McKenzie responds to recent controversy over the mistreatment of animals on a NZ dairy farm.
Ag Minister wants Crafars out of industry, criticises Fonterra
Agriculture Minister David Carter says 'dirty dairy farmer' Allan Crafar could do huge damage to New Zealand's reputation.
Fonterra responds to neglect case, cruelty 'will not be tolerated'
Fonterra says it won't hesitate to take action, "including refusal to collect milk" if deliberate animal mistreatment is proven.
Dairy giant allowed calves to starve to death
New Zealand's biggest privately held dairying operation allowed dozens of calves to slowly dehydrate to death.
Farmers 'won't go on spree' despite payout
Don't expect dairy farmers to be hitting the tractor stores or real estate offices anytime soon, despite the upgrade in their payout.
Fonterra asks farmers for cash
Farmer owners of the country's biggest company, Fonterra, have been asked to come up with the cash they forbid directors to go to the sharemarket for.
Fonterra offers farmers more shares in new capital strucuture
Fonterra's chairman 'totally disagrees' with any suggestion new 'dry shares' will soften up farmers for the idea of listing on the stock exchange.
Fonterra's new capital scheme unveiled
Fonterra, New Zealand's biggest exporter, has unveiled its latest restructuring plan, which it promises will allow farmers to keep control of the co-operative.
Greenpeace moves palm kernel protest to port
Greenpeace is trying to keep up pressure on Fonterra to limit its use of palm kernel feed with a public rally outside the Ports of Tauranga.