Plant-based bubble bursts
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird Ventures, and its products are no longer available in supermarkets.
OPINION: The world's largest dairy company Lactalis has parted ways with its chief executive.
The Lactalis group announced the departure of managing director Philippe Palazzi, who took office just a year ago. And they were not hiding the reason for his sudden exit.
"As the conditions for alignment with the Group's strategy could not be met, Emmanuel Bensler, Chairman of the Lactalis group, and Philippe Palazzi, Chief Executive Officer, are ending their collaboration as of February 3, 2022", explains the group in a press release.
Media reports say the two men couldn't agree about their visions for 2033, the date on which Lactalis will celebrate its 100th anniversary.
Rural trader PGG Wrightson has revised its operating earnings guidance, saying trading conditions have deteriorated since the last market update in February.
It's been a bumper season for maize and other supplements in the eastern Bay of Plenty.
Leading farmers from around New Zealand connected to share environmental stories and inspiration and build relationships at the Dairy Environment Leaders (DEL) national forum in Wellington last month.
AgriZeroNZ, a joint venture fast-tracking emissions reduction tools for farmers, is pouring $5 million in a biotech company to develop a low emissions farm pasture with increased productivity gains.
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Te Awamutu dairy farmers Doug, Penny, Josh and Bayley Storey have planted more than 25,000 native trees on the family farm, adding to a generations-old native forest.
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
OPINION: Synlait's financial woes won’t be going away anytime soon.