![Fonterra puts equity trust idea on hold](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fonterra puts equity trust idea on hold
Fonterra Co-operative Group has put on hold plans to develop an Equity Partnership Trust that would have given its 10,500 farmer suppliers access to investor capital to help them with the compulsory....
Fonterra Co-operative Group has put on hold plans to develop an Equity Partnership Trust that would have given its 10,500 farmer suppliers access to investor capital to help them with the compulsory....
Germany is the largest export market for New Zealand onions, followed by Indonesia and Japan.
Pressure is building on Fonterra chief executive Theo Spierings as the dairy industry faces up to a winter of discontent, writes Liam Dann.
Jamie Gray writes: For Fonterra's farmers, investors and employees the severity of the dairy downturn will become clear early next month.
Silver Fern Farms, NZ's biggest meat processor says it is considering raising $100m in fresh capital.
France's meat and dairy producers halted traffic and blocked tourist sites in several regions to protest low prices.
Open Country has told its farmers that their forecast payout has been cut back due to slumping world dairy prices.
Chief Theo Spierings admits news unsettling for staff as co-op tries to reduce its payroll bill by up to $60m a year.
Dairy prices have plunged in the latest world dairy auction, taking the Kiwi dollar down with it.
The prices eased in the first sale of the new 2015/16 season as demand weakened.
"It's pretty negative, there's a lot of selling in the futures and there's not much buying - this market looks completely stuffed."
Silver Fern Farms says the group agitating for change at New Zealand's biggest meat processor has misled shareholders.
There's so much milk flowing out of US cows these days that some is ending up in dirt pits because dairies can't find buyers.
Disgruntled Alliance Group shareholders say they hope to have the support from the 5 per cent of their number required to force a special meeting to discuss the potential benefits.
The New Zealand dollar fell after prices for the nation's largest commodity export declined in the latest GlobalDairyTrade auction overnight.
The price for NZ's key dairy export, whole milk powder, is set to decline further at tonight's GlobalDairyTrade auction.
Prime Minister John Key says overseas markets are causing high prices for milk at home.
Stephen Dickson carries ferrets down the front of his jersey when he is out rabbiting in Wanaka. He uses ferrets as an alternative to shooting and poisoning rabbits in rural areas. Source: Otago Daily Times/Youtube
Lincoln University in Canterbury is known for its stubby-wearing students and land-based prospectus. For the first time in the university's history, females outnumber males.
A device that sends text messages to a farmer when a cow is about to give birth is now available in New Zealand.
The best Kiwi farmers would have struggled with the conditions that led to a very high death rate among lambs from pregnant ewes sent to a farm in Saudi Arabia, a company involved in the operation says.
Dairy prices eased at the latest GlobalDairyTrade (GDT) auction but the sale gave away little on where the market, and interest rates, will go in the months ahead.
Lambs born after the airfreighting of 900 pregnant ewes to a businessman’s Saudi farm suffered an extremely high death rate, it has been claimed.
Silver Fern shareholders are seeking to force a special meeting to discuss the benefits of a merger with Alliance Group.
Dairy farm prices eased in the three months to May according to REINZ's latest rural report.
Dairy prices slipped again at this morning's GlobalDairyTrade auction, the GDT price index falling by 1.3 per cent.
Brazil's so-called little crop is going to be bigger than ever, flooding an already oversupplied global corn market and further pressuring prices.