It's all about economics
OPINION: According to media reports, the eye-watering price of butter has prompted Finance Minister Nicola Willis to ask for a 'please explain' from her former employer Fonterra.
OPINION: Will synthetic milk derail NZ's economy?
According to media reports, professor of econiomics at Auckland University of Technology, Niven Winchester, believes further development of synthetic milk could seriously disrupt the entire economy.
The scale of disruption though would vary, and there is slow progress at present towards making synthetic milk economic. Even so, dangers lie around the corner, according to Wichester.
"Large-scale production of synthetic dairy products - that decreases the price of New Zealand's largest export commodity - will have a significant negative impact on this economy," Winchester says.
This issue has arisen after years of analysis which argues that putting grass into a cow is wasteful because a lot of the output is diverted into growth of the animal. The claims is, putting a feedstock such as sugar into a test tube could produce milk which has less waste and lower environmental side effects.
Ravensdown South Island shareholders have voted Jane Smith to the co-operative board for a three-year term.
Federated Farmers say Environment Canterbury's decision to declare a 'nitrate emergency' is a shameless political stunt that won't help anyone.
Academic and former Fonterra director Nicola Shadbolt has been elected as LIC director.
New Zealand Winegrowers chief executive Philip Gregan has announced his plans to retire in June 2026, marking 43 years of service to the New Zealand wine industry.
It's 100 years for the Hoban family’s Parham Hill Corriedale stud and times continue to change.
Farmers want the Government to scrap controversial freshwater rules that "put river spirits and ideology ahead of practical water use", says Federated Farmers board member Mark Hooper.