Plant-based bubble bursts
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
AN AGRIBUSINESS academic says Fonterra’s 2013-14 payout was unfair to sharemilkers and unshared suppliers as it ‘dipped’ the milk price to fund dividend-driving assets such Waitoa’s UHT plant and more milk hubs in China.
INDEPENDENT DAIRY processor Tatua says its decision to invest in value rather than scale is paying off.
EVERY SEPTEMBER the 87 shareholders of Waikato dairy processor Tatua receive a call from one of their six farmer-elected directors.
Dairy farmers are being told that there are opportunities to increase profitability even when times are tough.
WESTLAND HAD a record revenue for the 2013-14 of $830 million, up 46% on the previous year, but admits its payout was not as industry competitive as previous years.
FOR THE third year in a row Morrinsville-based Tatua dairy cooperative has beaten Fonterra again – with a $9/kgMS farmgate milk price plus a $1.32 pre-tax retention for the 2013/14 season.
DairyNZ says the latest drop in Fonterra's forecast farmgate milk price for the 2014-15 season is a signal to farmers to reassess the costs of their farm system.
Fonterra Shareholders Council chairman, Ian Brown says farmers will be disappointed with the latest drop in the 2014-15 season forecast payout.
AFTER A 6% drop in the GDT this week, the ASB says the risks are increasingly of a payout on the downside of $5.80/kgMS.
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
OPINION: Synlait's financial woes won’t be going away anytime soon.