PGG Wrightson returns to profit

PGG Wrightson, the agricultural technology and services company controlled by Singapore-based Agria, returned to profit in the first half after increases in earnings from livestock, retail and its AgriTech units.Profit was $3.1… … Read More read more

On February 22nd, 2012, posted in: News by

Pengxin bid heads for ‘legal morass’

Chinese company Shanghai Pengxin’s bid for the Crafar farms is headed for a legal morass as the Sir Michael Fay-led group of rival bidders yesterday launched yet another legal challenge. The Fay group has begun Court of Appeal action… … Read More read more

On February 22nd, 2012, posted in: News by

Farmer will have to pay for milk sabotaged with penicillin

An Inangahua dairy farmer whose milk was sabotaged with penicillin earlier this month will still have to pay Westland Milk Products upwards of $7000 for a tanker load of tainted milk that had to be poured down the drain.Police are… … Read More read more

On February 21st, 2012, posted in: News by

Fay consortium challenges rival Crafar bidder’s know-how

The Sir Michael Fay-led consortium looking to wrest the Crafar dairy farms away from rival bidder Shanghai Pengxin have initiated Court of Appeal action challenging the Chinese company’s relevant experience and ability to operate… … Read More read more

On February 21st, 2012, posted in: News by

Iwi group move to occupy Crafar farm

A group from a south Waikato iwi is moving to occupy one of the Crafar farms, calling for the land to be returned to them.The farm at Benneydale, south of Te Kuiti, is one of those being considered for sale to a Chinese conglomerate.The… … Read More read more

On February 20th, 2012, posted in: News by

Penicillin deliberately dropped into milk tank

Police are investigating after penicillin was deliberately dropped into a tank of fresh milk on a West Coast dairy farm, contaminating the entire 3500 litre batch.The raw milk was valued at about $2000, but the cost to the Inangahua… … Read More read more

On February 20th, 2012, posted in: News by

‘Cruisy few years’ anything but

Pork NZ chief executive Sam McIvor is moving on after six years in the top job. He talks to Alan Williams about the successes and challenges. … Read More read more

On February 20th, 2012, posted in: News by

Handshake still carries the weight

Peter Walsh has worked in the livestock brokering business for over 40 years and he still firmly believes that the “handshake carries the weight”. … Read More read more

On February 20th, 2012, posted in: News by

MAF assures that NZ is safe from lamb virus

A new virus detected in Europe that causes deformities so severe in new born calves and lambs that they die within seconds is worrying farmers here.Federated Farmers fear the Schmallenberg virus could be potentially disastrous for… … Read More read more

On February 19th, 2012, posted in: News by

Fay group doesn’t budge on Crafar bid, promises to invest $18m

The Crafar Farms Independent Purchaser Group (CFIPG), the rival bidder for the Crafar family farms led by former investment banker Michael Fay, won’t raise its $171.5 million offer for the land but is promising to spend $18 million… … Read More read more

On February 17th, 2012, posted in: News by