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: After two long years of hardship, things are looking up for New Zealand red meat farmers.
A casualty of the storm that hit the Bay of Plenty recently was the cancelation of a field day at a leading Māori kiwifruit orchard at Te Puke.
Michael Wentworth has joined the team at Mission Estate Winery, filling the "big shoes" of former Chief Executive Peter Holley, who resigned in September last year, after almost 30 years running the storied Napier venue.
Some arable farmers are getting out of arable and converting to dairy in the faced of soaring fuel and fertiliser prices on top of a very poor growing season.
The New Zealand seed industry has reached a significant milestone with the completion and approval of the new seed certification system.
New Zealand's persimmon season will kick off early this year, with fruit set to hit shelves soon.