Wednesday, 16 April 2025 09:25

Synlait's back

Written by  Milking It
Synlait's back

OPINION: After years of financial turmoil, Canterbury milk processor Synlait is now back in business.

This was confirmed when the listed company proudly announced that a significant majority of the cease notices issued to the company by farmer suppliers are now withdrawn.

The company's 200 farmer suppliers threatened to vote with their feet as Synlait faced financial doldrums. The company says farmer support provides them with valuable certainty and reflects growing confidence in the company on the back of return to profitability.

Synlait's turnaround is reflecting on its share price: after dropping to 45c/share. In January this year, it jumped to over $1 on March 20 before slipping back and settling around 75c last week.

More like this

Cuddling cows

Cuddling cows

OPINION: Years of floods and low food prices have driven a dairy farm in England's northeast to stop milking its cows and instead charge visitors to cuddle them.

Bikinis in cowshed

Bikinis in cowshed

OPINION: An animal activist organisation is calling for an investigation into the use of dairy cows in sexuallly explicit content posted on social media and adult entertainment subscription site OnlyFans.

Dairy unity

OPINION: A last-minute compromise ensured that the election of the new Federated Farmers national dairy chair wasn't a repeat of the Super 15 rugby final - Canterbury versus Waikato.

That old chestnut

OPINION: Just as it's healthy for cockies to get out of the shed and off the farm occasionally to get a fresh perspective, Milking It reckons some academics would benefit from spending a few days in the real world.

110,000 visitors!

OPINION: It's official, Fieldays 2025 clocked 110,000 visitors over the four days.

Popular Reads

back to top

Featured

Big return on a small investment

Big return on a small investment

Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.

Editorial: Sensible move

OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.

National

Machinery & Products

» Latest Print Issues Online

dairynewscover
ruralnewscover
winegrowercover

Visit archives

Milking It

Cuddling cows

OPINION: Years of floods and low food prices have driven a dairy farm in England's northeast to stop milking its…

Bikinis in cowshed

OPINION: An animal activist organisation is calling for an investigation into the use of dairy cows in sexuallly explicit content…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter