Nestle reportedly withdraws from methane accord
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
Listed New Zealand company the a2 Milk Company - once a darling of the stock exchange - is the subject of takeover rumours.
Australian media reports that the world's largest dairy company Nestlé is eyeing the underfire manufacturer of A2-protein milk.
a2 Milk's market capitalisation had fallen from $16.1 billion to $4.7b over the past year. As the pandemic distrupted sales of its infant formula to Chinese consumers through the daigou channel, falling infant births in China and excess supply of its products also curbed consumer demand. The company had struggled to get on top of these challenges which resulting in it downgrading its earnings guidance four times in nine months.
The takeover rumour though has boosted the share price.
With Fonterra's UHT plant at its Edendale site less than a year from completion, demand continues to grow for products the plant will produce, such as Anchor Whipping Cream.
A new $50,000 scholarship fund designed to support and empower women in the New Zealand dairy industry through leadership development has been launched.
Many farmers around the country are taking advantage of the high dairy payout to get maximum production out of their cows.
In 2015, the signing of a joint venture between St Peter's School, Cambridge, and Lincoln University saw the start of an exciting new chapter for Owl Farm as the first demonstration dairy farm in the North Island. Ten years on, the joint venture is still going strong.
Sheep milk processor Maui Milk is on track to record average ewe production of 500 litres by 2030, says outgoing chief executive Greg Hamill.
Parliamentary Commissioner for the Environment Simon Upton is calling for cross-party consensus on the country's overarching environmental goals.
The nutters of the green world, aided and abetted by the lamestream media, are rewriting the English language for the worse.
OPINION: The self righteous activists at Greenpeace are copying the self-righteous lefties behind the ‘free Palestine’ movement – not surprising given…