Two Major NZ Dairy Deals Completed
Two major acquisitions in the New Zealand dairy sector were completed this week.
Widespread power outages and blocked roads from severe weather have affected Canterbury dairy farms including those supplying milk to Synlait Milk.
Synlait is working with its milk suppliers to ensure normal operations are resumed as soon as possible. The company is focused on trying to collect all milk off farms however it expects that a limited volume of milk may not be able to be collected as a result of the weather.
Synlait Milk lost power to its processing plant at Dunsandel at around 8.30pm last night before power was resumed at about 2am this morning.
No damage was suffered to the plant during the outage. The plant is expected to be fully operational by around 6pm today.
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A casualty of the storm that hit the Bay of Plenty recently was the cancelation of a field day at a leading Māori kiwifruit orchard at Te Puke.
Michael Wentworth has joined the team at Mission Estate Winery, filling the "big shoes" of former Chief Executive Peter Holley, who resigned in September last year, after almost 30 years running the storied Napier venue.
Some arable farmers are getting out of arable and converting to dairy in the faced of soaring fuel and fertiliser prices on top of a very poor growing season.
The New Zealand seed industry has reached a significant milestone with the completion and approval of the new seed certification system.
New Zealand's persimmon season will kick off early this year, with fruit set to hit shelves soon.
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