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Fonterra has lost the supply of 4 million kgMS to rival Westland Milk.
Southern Pastures, which owns nine Canterbury farms, is switching supply from the 2018-19 season; it has also spent $6 million buying Westland shares at $1.50/share.
As a result, Southern Pastures becomes the largest shareholder in Westland.
Ex-All Black captain Graham Mourie is one of the principals of Southern Pastures.
Farmers in the Australian state of New South Wales will soon be able to use virtual fencing and herding technology to boost farm productivity.
Hawke's Bay teenage entrepreneur Hugo Moffett is helping the rural community access cheaper school uniforms, all without leaving their homes.
As part of preparing for a potential IPO in relation to the divestment process for its global Consumer business and integrated businesses Fonterra Oceania and Sri Lanka, Fonterra has named Anne Templeman-Jones as chair-elect of the Audit and Risk Committee for the Mainland Group board.
There's been a positive response to the Government's latest move to make freshwater farm plans more practical and affordable.
Massey University has begun trialling the use of superior beef genetics in its two dairy farms as part of Beef + Lamb New Zealand's dairy beef progeny test.
The annual Featherston Booktown Karukatea Festival – a fusion of books and storytelling - celebrates its 10th anniversary this year.
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