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Another dairy company, with partial Chinese ownership, is under fire for claiming the Government’s wage subsidy during COVID-19.
Mataura is backed by Chinese state-owned enterprise China Animal Husbandry Group, New Zealand company Bodco and local and farmer shareholders.
Mataura has also ruffled Fonterra’s feathers: it claimed $616,000 for 88 employees choosing not to process Fonterra milk.
The reason; it claims Fonterra has lower safety controls. The co-op isn’t impressed.
A partnership between Canterbury milk processor Synlait and the world's largest food producer, Nestlé, has been celebrated with a visit to a North Canterbury farm by a group including senior staff from Synlait, the Ravensdown subsidiary EcoPond, and Nestlé's Switzerland head office.
Canterbury milk processor Synlait is blaming what it calls "a perfect storm" of setbacks for a big loss in its half year result for the six months ended January 31, 2026.
More of the same please, says Federated Farmers dairy chair Karl Dean when asked about who should succeed Miles Hurrell as Fonterra chief executive.
A Waikato farmer who set up a 'tinder' for cows - using artificial intelligence to find the perfect bull for each cow - days the first-year results are better than expected.
Fonterra says it's keeping an eye on the Middle East crisis and its implications for global supply chains.
The closure of the McCain processing plant and the recent announcement of 300 job losses at Wattie’s underscore the mounting pressure facing New Zealand’s manufacturing sector, Buy NZ Made says.
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