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SFF chief executive Dean Hamilton.
Silver Fern Farms and Shanghai Maling say they are contining to work towards completion of the $261m investment and partnership.
With more time required to meet information requests from the Overseas Investment Office (OIO), the companies are in the process of agreeing an extension to the June 30, 2016 date to meet the OIO approval condition.
Chief executive Dean Hamilton says: "We continue to believe that we will achieve OIO approval, however we need to allow more time to provide the required information and then for the OIO and Ministers to have sufficient time to review".
As a consequence of the anticipated extension, the July 11 special meeting has been deferred and a new date for the shareholder requisitioned meeting will be set to allow the Notice of Meeting to be updated and distributed to shareholders with adequate time to review.
Silver Fern Farms says shareholders will be kept informed.
One of the most galling aspects of the tariffs whacked on our farm exports to the US is the fact that, now more than ever, US farmers are being propped up by government welfare – a direct result of Trump’s hardline on its trading partners.
The second event in the Silver Fern Farms ‘Pasture to Plate Roadshow’ landed in Feilding last week, headed by chair and King Country farmer, Anna Nelson, and chief executive Dan Boulton.
China looks set to play a key role in helping the New Zealand wool sector shift away from trading as a commodity supplier.
If you find a new consumer in a developed wine market, you are taking them from someone else, says Blank Canvas co-founder Sophie Parker-Thomson MW.
The large 2025 harvest will exacerbate the wine industry's "lingering" supply from recent vintages, New Zealand Winegrowers Chief Executive Philip Gregan told attendees at Grape Days events around the country in June.
The Government is set to announce two new acts to replace the contentious Resource Management Act (RMA) with the Prime Minister hinting that consents required by farmers could reduce by 46%.
Prime Minister Christopher Luxon says withdrawing from the Paris Agreement on climate change would be “a really dumb move”.
The University of Waikato has broken ground on its new medical school building.
Undoubtedly the doyen of rural culture, always with a wry smile, our favourite ginger ninja, Te Radar, in conjunction with his wife Ruth Spencer, has recently released an enchanting, yet educational read centred around rural New Zealand in one hundred objects.
Farmers are being urged to keep on top of measures to control Cysticerus ovis - or sheep measles - following a spike in infection rates.
The avocado industry is facing an extremely challenging season with all parts of the supply chain, especially growers, being warned to prepare for any eventuality.
