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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.
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.
