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OPINION: It seems Fonterra's revised preferred option for its new capital structure has fallen short of farmer expectations.
Judging by the performance of Fonterra's share price on the New Zealand Stock Exchange, farmers are still offloading their shares for fear of the prices crashing under a farmers-only trading market.
Since the revised preferred option was unveiled on July 19, the share price has dropped 40c to $3/share.
The share price touched an all-time low of $2.88 six weeks ago and was heading into the same territory last week.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
OPINION: Being a stock manager of a Government MP's farm can come in handy.
OPINION: Groundswell's opinion of the incumbent farm industry representatives isn't high.
Milk powder prices are keeping farmgate prices up, helping processors offset the dip in milk fat prices.
Minister of Conservation Hon Tama Potaka has appointed Susan O'Regan as Chair of the Queen Elizabeth II National Trust (QEII) for a three-year term.
Red meat farmers are welcoming Labour’s plan to review the Emissions Trading Scheme and not to campaign on pricing agricultural emissions.
Where any worker in the kiwifruit industry is mistreated, we expect the authorities to take action.
Mid Canterbury Federated Farmers arable chair, Bevan Lill, said Beef + Lamb NZ data indicated that for the last six years, the average arable return on investment was about 0.8% while inflation ran about 4% - so the average arable farm was going backwards at about 3% a year.
Seed and grain companies share the concerns of arable farmers about the viability of their sector, says Seed and Grain New Zealand chief executive Dr Sarah Clark.
The New Zealand Institute of Forestry (NZIF) says unnecessary changes to New Zealand’s Emissions Trading Scheme (NZ ETS) will seriously erode investor confidence and result in significant reductions in forest planting rates.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
