What Would Synlait Be Worth to Fonterra or a2 Milk?
Speculation of a possible joint move by Fonterra and a2 Milk to buy Synlait raises a much bigger strategic question, says agribusiness expert Dr Nic Lees.
Kerr told police royalties totalled $100,000 a year on Feratox and the Crown asserts he stood to gain financially if 1080 was banned.
The man who threatened to put 1080 into infant formula has been named as Jeremy Hamish Kerr, 60, of Auckland.
He was creator of a pest-control product and 1080 alternative Feratox. He pleaded guilty in December to two counts of blackmail. Threats were sent to Federated Farmers and Fonterra in November 2014 threatening to poison infant formula if New Zealand did not stop using 1080 by the end of March 2015.
The Crown asserts he was motivated by financial gain, which he denied at a disputed facts hearing started last week in the High Court at Auckland to give the judge greater clarity around his motives. The hearing was the first time his identity was made public.
Kerr claimed he was suffering from poor mental health and "cracked". He said he was triggered by media reports on 1080 and comments by Environment Minister Nick Smith.
Kerr told police royalties totalled $100,000 a year on Feratox and the Crown asserts he stood to gain financially if 1080 was banned. The hearing was adjourned until next month. Kerr could face 14 years behind bars.
Two companies dealing in pest control products, Connovation Ltd and Connovation Research Ltd, issued statements emphasising their companies are not connected to those companies operated by Jeremy Kerr.
Infant Nutrition Council chief executive Jan Carey says it was a highly despicable thing to do.
However, she believes that any smaller infant formula businesses going out of business would be more to do with the Chinese changing to regulations to make it more difficult for contract manufacturing than the 1080 scare.
"The Chinese want supply integrity, they want an integrated system. With the small companies that have gone out of business it is much more likely to be because of the changes in Chinese regulations... than the 1080 threat."
She can't say speak for individual businesses that may have been affected by the 1080 threat, but she does know that brand companies without manufacturing facilities are having trouble surviving.
As the cost-of-living crisis continues to put pressure on household grocery budgets, new figures show pork remains one of the most affordable fresh meat options for New Zealand families.
OPINION: In politics, credibility is and should be big. It must surely rank higher than charisma, which is quite trite and superficial. Yet, voters nowadays are often wooed and influenced by how someone looks or talks at a superficial level. TV plays a huge role in this.
Farmers can spend less time on paperwork, thanks to a new data sharing agreement between DairyNZ’s DairyBase and LIC’s MINDA software.
Kaikōura families affected by July's severe storm have found a practical solution to a problem that's kept some children away from regular schooling for weeks: a washed-out section of Inland Kaikōura Road, which has stopped the local school bus from running its usual route.
Rural New Zealand is welcoming the Government’s recent package of rural healthcare initiatives.
Interest in agritech and production animal systems has prompted Massey University's School of Agriculture and the Environment to new majors to its popular animal science degree.

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