Chinese company Shanghai Pengxin is surprised and extremely disappointed with the Government decision to knock back its bid for Lochinver Station.

Chinese company Shanghai Pengxin is surprised and extremely disappointed with the Government decision to knock back its bid for Lochinver Station.

Shanghai Pengxin's application to buy Lochinver Station has been declined because the benefits to New Zealand are not substantial and identifiable, Ministers Paula Bennett and Louise Upston say.

ASB has lifted its milk price forecast to $5/kgMS for the season after GlobalDairyTrade (GDT) auction prices spiked higher for the third successive lift overnight, with the lift larger than expectations.

Leading meat processor and exporter Alliance Group submitted a bid for Silver Fern Farms (SFF) prior to the company's capital-raising process getting underway as part of ongoing discussions with SFF.

Silver Fern Farms' board plans a 50:50 partnership with China's leading meat processor Shanghai Maling, a listed company based in Shanghai, owned 38% by Bright Food Group.

Sheep farmers are being encouraged to enter the Canterbury A&P Show's new and improved Mint Lamb Competition after an overhaul of the existing event.

Looking at the diverse range of machinery parked in the average farmer or contractor’s shed it’s easy to forget that each one probably comes with its own control box. 

The winner of the Machine of the Year 2015 (seeding category) at this years’ Paris Show, the Kuhn Espro 6000 drill, sets out to master the three key elements of successful drilling – speed, accuracy and efficiency. 

Manitou, the French materials handling specialist, has expanded its range of industrial forklifts with eight new models of 5-10 tonnes lift capacity.

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