Chinese strategy
OPINION: Fonterra may have sold its dairy farms in China but the appetite for collaboration with the country remains strong.
A final payout of $10.50/kgMS means Tatua’s 107 supplying shareholders will get over $2/kgMS more than other farmers around the country - a hard pill to swallow for some farmers, who are struggling to raise their businesses out of deficits.
The question is what is Tatua’s point of difference? It can’t be size because apart from Fonterra, other processors – Miraka, Westland, Synlait and even Open Country Dairy- are almost the same size as Tatua.
Farmers won’t be wrong in asking - if Tatua can do it, why not their processor?
