Synlait shares in trading halt
Listed Canterbury milk processor Synlait’s shares have been placed in a trading halt.
Canterbury milk processor Synlait says it has recorded a significant improvement in its operation's greenhouse gas emissions.
Synlait's on-farm emissions intensity, per kgMS, reduce 5% over the past year, or 10% compared to its financial year 2018 (FY18) base year when targets were first established.
Total off-farm emissions have remained stable since last year, however, emissions intensity per kg of product, has reduced by 24% compared to FY18.
The company produced its sustainability report last week.
Synlait director - sustainability, brand, beverages and cream, Hamish Reid, says the company's sustainability journey started in 2017.
"That's when we realised that business could no longer talk about, and plan for, perpetual continuity.
"Since then we have chosen to pivot, building and delivering on our sustainability strategu, and we are making some impressive gains, which have exceeded our own expectations.
"We still have a long way to go - as a company, as an industry, and as a country, but here at Synlait we are determined to change, and to inspire others to join us."
Analysis by Dunedin-based Techion New Zealand shows the cost of undetected drench resistance in sheep has exploded to an estimated $98 million a year.
Shipping disruption caused by Houthi rebels in the Red Sea has so far not impacted fertiliser prices or supply on farm.
The opportunity to spend more time on farm while providing a dedicated service for shareholders attracted new environmental manager Ben Howden to work for Waimakariri Irrigation Limited (WIL).
Federated Farmers claims that the Otago Regional Council is charging ahead unnecessarily with piling more regulation on rural communities.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
OPINION: We have good friends from way back who had lived in one of our major cities for many years.
OPINION: European farmers are going to extreme lengths to have their message heard.
OPINION: The hustle and bustle of one of Bangkok's most popular fast food outlets may feel a world away from…