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Two weeks after receiving their handsome payout from Chinese company Yili, it seems not all ex-Westland shareholders are laughing all the way to the bank.
Milking It hears that at least two farms there were put into receivership by banks last week. And given the disclosure of Fonterra’s troubles we might see more foreclosures.
Farmers already complaining about banks’ heavy-handedness might find things get worse.
Southland crop farmer Mark Dillon took out his fifth New Zealand conventional ploughing title at the NZ Ploughing Championships held over the weekend at Methven.
Ensure your insurance is fully comprehensive and up to date because as a rural contractor you don’t know what’s around the corner.
Waikato farmer Walt Cavendish has stepped down as the spokesman for a controversial farming lobby seeking greater protection for New Zealand farmers against inferior imports.
A verbal stoush has broken out between Federated Farmers and a new group that claims to be fighting against cheaper imports that undermine NZ farmers.
According to the latest ANZ Agri Focus report, energy-intensive and domestically-focused sectors currently bear the brunt of rising fuel, fertiliser and freight costs.
Having gone through a troublesome “divorce” from its association and part ownership of AGCO, Indian manufacturer TAFE is said to be determined to be seen as a modern business rather than just another tractor maker from the developing world.
