#Synlait offer under close scrutiny
Federated Farmers says it will be watching developments »very closely» as a Shanghai Pengxin Group-backed company looks to take over Canterbury dairy farmer Synlait Farms Ltd.
#TGD: Severe weather impacts Canterbury dairy farmers
As reported in the media, severe weather conditions including high winds have resulted in widespread power outages and blocked roads affecting Canterbury dairy farms including those supplying milk to Synlait Milk.
#Synlait Milk raises payout forecast
Canterbury’s Synlait Milk is the latest dairy company to increase its forecast milk payout to farmers, on the back on continuing high international prices.
#Dairy farm shares all go $2 million achieved for purchase
The first offering for direct public investment into a dairy farm is out of the starting gate, having raised a minimum $2 million required, triggering the unconditional purchase of the Mid-Canterbury farm.
Fire at Canterbury milk processing plant
A fire at the Synlait milk plant near Dunsandel in rural Canterbury has been brought under control.
Bright Dairy keeps control of Synlait Milk despite dilution
The NZX is allowing Chinese dairy player Bright Dairy to keep control of Canterbury milk company Synlait’s board despite a dilution in its stake from a $120 million public offering of shares.
#Dairy price boost for Synlait Farms
Canterbury dairy company Synlait Farms has boosted its earnings forecast by about $2 million on the rising tide of global dairy prices.
TGD: #Milk panic may be US political move – expert
International media reports questioning the safety of New Zealand’s milk will not have any long-term impact on the country’s «100 per cent pure» image, says a Canterbury marketing expert.
TGD: #Barn dairying reaches South Canterbury
Dairy farming using an indoor barn is the next level of high input farming, according to the farmer behind the latest large-scale cow house to be built in South Canterbury.
New Three-Dryer Milk Processing Plant Planed for Canterbury
The West Coast’s dairy co-operative has taken yet another step into the Canterbury patch with plans to build a three-dryer milk processing plant.