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OPINION: Your old mate wonders why there has not been a whole lot of gnashing of teeth and wailing from the xenophobes – more commonly known as failing political party NZ First – about a Canadian pension fund buying a major stake in New Zealand’s biggest corporate dairy farmer, Dairy Holdings.
According to company records, Sooke Investments, a subsidiary of giant Quebec public service pension fund manager PSP Investments, bought 24.9% of South Island-based company, following the exit of an investor – owned by JD & RD Wallace Ltd and former National Government Minster John Luxton.
Dairy Holdings other major shareholders remain two NZ farming families – Colin and Dale Armer and Murray and Margaret Turley. The Ashburton-based company is Fonterra’s biggest shareholder.
The closure of the McCain processing plant and the recent announcement of 300 job losses at Wattie’s underscore the mounting pressure facing New Zealand’s manufacturing sector, Buy NZ Made says.
Specialist agriculture lender Oxbury has entered the New Zealand market, offering livestock finance to farmers.
New research suggests Aotearoa New Zealand farmers are broadly matching phosphorus fertiliser use to the needs of their soils, helping maintain relatively stable nutrient levels across the country’s agricultural land.
Helensville farmers, Donald and Kirsten Watson of Moreland Pastoral, have been named the Auckland Regional Supreme Winners at the Ballance Farm Environment Awards.
Marc and Megan Lalich were named 2026 Share Farmers of the Year at last night's Canterbury/North Otago Dairy Industry Awards.
William John Poole, a third year Agribusiness student at Massey University, has been awarded the Dr Warren Parker and Pāmu Scholarship.
