Poor example
YOUR OLD mate hears Horizons Regional Council is causing consternation in more than the rural sector with parts of its controversial One Plan.
THE HOUND notes the proposed merger between rural supply companies South Island CRT and North Island Farmlands is hitting a bit of resistance among shareholders.
It’s even become a major factor in the upcoming director elections for Farmlands, with critics standing for the board against the merger, while incumbents defend it. One current Farmlands director standing for re-election used his weakly (sic) column – accurately described as verbal melatonin because it sends readers to sleep – in what looks like a weekly, rural real estate publication to claim how diligent he has been and whinging about critics of the merger. This old mutt suggests if the said Farmlands director spent more time looking after shareholders’ interests instead of cultivating his media image and profile he may have more luck convincing them.
Questions are being raised about just how good the state of the dairy industry is - especially given that the average farmgate payout for the coming season is set to exceed $10/kgMS.
A leading financial and banking advisor says he doubts if most dairy farmers fully understand the dynamics of banking.
Dairy farmers are shoring up their balance sheets, with almost $1.7 billion of debt repaid in the six months to March 2025.
Virtual fencing company Halter is going global but for founder Craig Piggott, New Zealand farmers will always remain their main partners.
A former Fonterra executive is the new chair of the Dairy Companies Association of New Zealand (DCANZ).
New Federated Farmers national dairy chair Karl Dean is looking forward to tackling the issues facing the sector.