Business
Tim Deane to join board of Rabobank NZ
Farmers WeeklyOct 17, 2023
Norsewear owner will replace Anne Brennan as an independent director.
Farmlands buys SealesWinslow
Farmers WeeklyOct 13, 2023
Ballance says sale will allow it to focus on core business.
Insurance stalwart to step down after eventful tenure
Farmers WeeklyOct 6, 2023
Tim Grafton signals intention to quit top job at Insurance Council of NZ.
Dairy Nutraceuticals accounts ‘appear inaccurate’
BusinessDeskSep 5, 2023
Receivers turn up apparent inaccuracies affecting book value of assets and liabilities.
Ruralco celebrates 60 years of serving farmers
Annette ScottAug 22, 2023
Longtime members gather to cheer rural co-op that started life as Ashburton Trading Society.
Slow road back to full health for a2 Milk
Hugh StringlemanAug 21, 2023
Alternative dairy company still recovering from covid lockdowns, when infant milk formula sales slumped and a key sales channel into China collapsed.
Options arise in Happy Valley end-game
BusinessDeskAug 4, 2023
Interest in recapitalising Waikato plant as liquidation mooted.
How Fonterra’s Soprole bonanza will reach farmers
Hugh StringlemanJun 13, 2023
Co-op has arranged matters so that $800m August payout will not be taxed.
Seeka invests in accommodation for RSE staff
Farmers WeeklyJun 12, 2023
Seeka says their RSEs are highly valued and have been a huge help during times of crisis.
Synlait seeks domestic cheese buyout
Hugh StringlemanJun 2, 2023
Dairyworks, Talbot Forest Cheese looking for a buyer as company works at paying down debt.
Liquidator working on Fonterra ex-client gives up
BusinessDeskJun 2, 2023
Going after China food marketer’s Aus directors not worth the expense
Zespri unlikely to list on NZX this year, says chair
BusinessDeskMay 25, 2023
Initiatives to improve grower share alignment and ownership will be consulted on early next year.
Farsighted policy pays off in loan terms for Trevelyan
Richard RennieMay 22, 2023
Company has been publishing annual sustainability reports since 2014, covering the same key areas as new ASB loan.
Business left with Budget ‘crusts’
Neal WallaceMay 19, 2023
Head of EMA bemoans lack of economic transformation in ‘recovery’ Budget.
Angus Street named to top NZ Merino Co role
Neal WallaceMay 17, 2023
Australian agribusiness leader to replace John Brakenridge, who is retiring.
ANZCO doubles profit in 2022
Hugh StringlemanMay 11, 2023
Challenges facing the company in 2023 include adverse weather events, global volatility and an uncertain economic outlook.
A2 rejigs the executive chairs
BusinessDeskMay 9, 2023
Exec in charge of Aus and NZ to replace outgoing US chief.
Ravensdown jobs at risk as sales slump
Charlie WilliamsonMay 5, 2023
‘Projected sales volumes for this financial year are looking to be significantly down’
Synlait 11.25% bond yield a flashing red light
BusinessDeskMay 3, 2023
Anxiety spiked after full-year guidance slashed, but long-term view somewhat sunnier.
Westland to build $70m lactoferrin plant
BusinessDeskApr 26, 2023
New plant will put company in global top three for multifunctional protein.
Farm costs to fall quickly, Westpac expects
Hugh StringlemanApr 24, 2023
Westpac expects farm and orchard margins to widen again as much lower cost inflation comes along with higher farm gate returns.
Green thumbs up for cannabis cross-pollination
BusinessDeskApr 17, 2023
Proposed merger of Cannasouth, Eqalis finds favour and funding.
Scott Tech product precision hits the mark
BusinessDeskApr 14, 2023
Work is underway to create a version of the product that works for cows – a far bigger market than lamb, especially in North America where the company has had much of its recent growth.
Bumper year to underwrite record capex at SFF
Neal WallaceApr 4, 2023
Investment into plants, information systems and data analytics on the cards.
Ballance Agri-Nutrients CEO Mark Wynne resigns
Farmers WeeklyApr 4, 2023
Wynne's will wrap up his role later in the year.
Fonterra concludes sale of Soprole to Gloria Foods
Gerald PiddockApr 1, 2023
Hailed as significant milestone in implementation of Fonterra’s strategy.
Mike Petersen goes to the top at Scales
Farmers WeeklyMar 31, 2023
Replaces Tim Goodacre, who is standing down after six years as chair.
Fonterra’s Russian retreat grinds on a year later
Nigel StirlingMar 23, 2023
Exports halted but Moscow sales office still open, awaiting ‘final regulatory clearances’.
Westland Milk Products back in the black
BusinessDeskMar 23, 2023
Having the support of Yili has enabled Westland to invest in its people and the infrastructure needed to increase production and sales of value-added products.
Banks grant Craigmore hefty green loan
Farmers WeeklyMar 21, 2023
Partnership will receive financial incentives as it delivers targets linked to its sustainability strategy.
Otis brings alt-milk production home
BusinessDeskMar 21, 2023
After years of shipping its oats to Sweden to be processed, company signs with Auckland’s Free Flow.
New Alliance CEO braced for headwinds
Neal WallaceMar 20, 2023
The Alliance Group’s new chief executive feels his entire career has been coaching him for the role.
NZ Rural Land broaden scope to offshore investors
Farmers WeeklyMar 20, 2023
NZ Rural Land is eyeing European investors to make up rights issue shortfall.
Signing up for 24,000ha of sustainability
Hugh StringlemanMar 17, 2023
Rural investment and property management giant attracts new talent.
Alliance makes it official with Wiese as CEO
Neal WallaceMar 15, 2023
Acting CEO named to role heading co-operative.
Wool Impact sees huge rise in strong-wool demand
Annette ScottMar 7, 2023
Doubling in domestic use of strong wool in the next two years forecast by industry body.
Allied Farmers expands rural land management
Farmers WeeklyMar 7, 2023
Two years on, Allied exercising call option on the rest of NZRLM.
Ex Rural Leader chief heading to MyFarm
Farmers WeeklyMar 3, 2023
Parsons will head up investments team at rural land syndicator after joining in May.
Bremworth shift finds favour with market
Annette ScottMar 2, 2023
Revenue lift as carpet maker gets going with five-year transformation plan.
NZ Rural Land seeks more share equity
Hugh StringlemanMar 2, 2023
Capital raising round to help buy $64m of forestry land in Manawatū-Whanganui.
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