Strong growth for Yili's NZ operations
Chinese dairy giant Yili Group says its New Zealand operations are on track for strong revenue growth in 2025 after recording significant year-on-year growth for the first half of the year.
Former Fonterra executive Alex Turnbull has been appointed CEO to lead all five Yili Oceania Business Division companies in New Zealand.
Turnbull heads Westland Milk Products, Oceania Dairy, Canary, EasiYo and Pure Nutrition.
He will report to the director of the Yili Oceania Business Division of Yili in New Zealand, Zhiqiang Li.
Li says Turnbull’s strong track record across New Zealand dairy and food sectors made him the ideal candidate to build further on the global gains made by Yili’s New Zealand companies in recent years.
“Yili’s investment in our high-value strategy is continuing to reap dividends with extra production capacity in the high-value protein and fats categories leading to increased global sales.”
A verbal stoush has broken out between Federated Farmers and a new group that claims to be fighting against cheaper imports that undermine NZ farmers.
According to the latest ANZ Agri Focus report, energy-intensive and domestically-focused sectors currently bear the brunt of rising fuel, fertiliser and freight costs.
Having gone through a troublesome “divorce” from its association and part ownership of AGCO, Indian manufacturer TAFE is said to be determined to be seen as a modern business rather than just another tractor maker from the developing world.
Two long-standing New Zealand agricultural businesses are coming together to strengthen innovation, local manufacturing capability, and access to essential farm inputs for farmers across the country.
A new farmer-led programme aimed at bringing young people into dairy farming is under way in Waikato and Bay of Plenty.
The Government has announced changes to stock exclusion regulations which it claims will cut unnecessary costs and inflexible rules while maintaining environmental protections.
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