Boutique cheesemaker Cranky Goat in voluntary liquidation
Award-winning boutique cheese company, Cranky Goat Ltd has gone into voluntary liquidation.
OPINION: Dairy industry players are also falling by the wayside as the economic downturn bites around the country.
Last month award-winning cheese company Cranky Goat went into voluntary liquidation.
This month, Christchurchbased milk powder manufacturer Wimpex followed suit. Started almost 18 years ago, Wimpex was hit hard by the downturn in Asian markets after the Covid-19 pandemic. The company owes almost $6m to unsecured creditors and over $2m to IRD.
Bigger players are also not immune to the downturn. Māori-owned Miraka Milk was in financial doldrums before being bought out by Open Country Dairy.
OPINION: Environment Canterbury's (ECan) decision recently to declare a so-called “nitrate emergency” is laughable.
An early adopter of a 10-in-7 variable milking regime, the Lincoln University Demonstration Dairy Farm (LUDF) is tweaking the system this season in search of further boosting farm performance and profitability.
The dairy sector is in a relatively stable position, with strong milk price payout forecasts continuing to offset ongoing high farm costs, according to DairyNZ.
A shameless political stunt is how Federated Farmers is describing the Canterbury Regional Council decision to declare “a nitrate emergency” on the back of its latest annual groundwater quality survey.
Fonterra has delivered a fifth straight year of record organic milk price for farmer suppliers.
Fonterra says favourable weather conditions supporting pasture growth is boosting milk production.
OPINION: Dairy industry players are also falling by the wayside as the economic downturn bites around the country.
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