Silver Fern Farms (SFF) says it applied for the wage subsidy to ensure it could retain workers when production levels decreased by up to 50% at some of its processing sites.
For starters, MIE enlisted a former grain and seed merchant as its supposed 'agribusiness expert'. Now call your old mate a mutt, but what does a guy who use to sell feed know about the ins and outs of the international meat industry? Meantime, the farmer proponents of the mysterious last minute deal put up to scuttle the SFF/Shanghai merger must be kidding themselves when they expected people to buy into their proposal when they refused to name either the agribusiness people or the bankers backing it. Talk about cutting off your nose to spite your face.