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Most shareholders are speaking in support of Silver Fern farms' deal with Chinese company Shanghai Maling.
At least six shareholders spoke in favour of the deal; only one spoke against at its annual meeting in Dunedin today.
Shareholders welcome the extra capital that Shanghai Maling will inject into the company; it will put $261 million in return for a 50% stake in the co-op.
Shareholders are expected to back the deal.
Despite Silver Fern Farms (SFF) posting a $21 million loss last season, chief executive Dan Boulton believes that better days are coming.
Variable weather conditions across the country are being blamed for the slow start to the meat processing season.
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Meat exporter Silver Fern Farms Ltd has told farmer suppliers that its proposed scope 3 emissions reduction targets won’t pick on individual farms.
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Movement controls have been lifted from Mainland Poultry’s Hillgrove Farm in Otago, after the successful eradication of H7N6 strain of high pathogenic avian influenza (HPAI).
Harvesting is underway of one of New Zealand’s rarest and most unusual fruit - persimmons.
Recent rain has offered respite for some from the ongoing drought.
New Zealand's TBfree programme has made great progress in reducing the impact of the disease on livestock herds, but there’s still a long way to go, according to Beef+Lamb NZ.
With much of the North Island experiencing drought this summer and climate change projected to bring drier and hotter conditions, securing New Zealand’s freshwater resilience is vital, according to state-owned GNS Science.
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