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About 100 Silver Fern Farm shareholders have turned up for the company's special meeting in Dunedin.
The largest processing company, Silver Fern Farms (SFF), owned by 6200 farmer shareholders, has been offered the lifeline of a $261 million injection by Shanghai Maling, a Chinese company.
Shareholders will vote on the proposal today.
Chairman Rob Hewett thanked the shareholders for their strong interest in the company.
SFF chief executive Dean Hamilton told shareholders that the proposal gives the company a unique position in China.
"It will help us truly unleash our pasture to plate strategy," he says.
Voting results are expected around midday.
Canterbury farmer Andy Macfarlane has been appointed to the board of AgriZeroNZ, the public-private partnership designed to accelerate the development and deployment of emissions reduction tools for New Zealand farmers.
As dairy farmers lock in plans for the upcoming mating season, a partnership between Fonterra and Silver Fern Farms has been formed with the aim of making it simpler to create additional value from calves not entering the replacement herd.
China remains New Zealand’s biggest market, taking $23 billion of our exports, but it’s no longer a commodity story, says Prime Minister Christopher Luxon.
Fonterra is strengthening its foodservice presence in China with the launch of a new cream for professional bakeries at Bakery China 2026 in Shanghai.
Applications for Silver Fern Farms Co-operative's next board-appointed farmer director are open.
Signing up to a benchmarking tool is not about competition, but about improving collectively, says Ximena Puig and Alvaro Luzardo who are 50-50 sharemilkers at a 164-hectare (effective) dairy farm in Eketāhuna in the Lower North Island.
A leading British farming politician says he's impressed with the positive attitude of New Zealand farmers that he met during his recent trip here.
OPINION: With 10,500 dairy farms, New Zealand continues to punch above its weight around the world.
The Southern Dairy Hub (SDH), which runs a demonstration farm for South Island farmers, has a new general manager.
Esther Guy-Meakin has been announced as the new chief executive of the New Zealand Meat Board (NZMB).
According to a progress report on the Aotearoa Horticulture Action Plan (AHAP), New Zealand's horticulture sector is making real progress on the big issues facing growers.
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