Today Fonterra announced its FY19 annual results, the final milk price for the 2018/19 season, its refreshed strategy and changes to its operating model and management team. The Co-operative reports a Net Loss After Tax of $605 million. Normalised earnings before interest and tax (EBIT) was $819 mil
As the dairy industry experiences unprecedented change, and transitions into a new operating environment, the Dairy Women’s Network is partnering with ASB to run a series of workshops aimed at building financial confidence for farmers throughout New Zealand. The sessions will be focused on the funda
Alliance Group is encouraging farmers to attend its Annual Roadshow during September and October. Twenty-four meetings will be held across the country with the first in Waiau on 26 September and the final event in Akaroa on 22 October. The market outlook, the co-operative’s investment in the global
In a little over a month, popular local raw milk seller Farm Fresh South will be blowing out the candles on two years in business, and owners Logan and Melissa Johnson couldn’t be happier.“We’ve started planning celebrations now to thank those who have helped and joined us on this journey,” Logan sa
A new look for Southland meat processor Blue Sky Meats will now see the company’s main brand called Blue Sky Pastures. Chief Executive Todd Grave unveiled the brand to shareholders with a soft launch at this year’s AGM on August 8 at Bill Richardson Transport World in Invercargill. “The company name
Dairy giant Fonterra is forecasting another big loss as it writes down the value of underperforming overseas assets. The co-operative is forecasting a loss of between $590 million and $675m for the year current financial year. Fonterra said it expected to write down the value of four significant ove
Southland Police are reminding all Southland and Invercargill along with Riverton residents to ensure your property is secure. Police have responded to reports of burglaries of two holiday homes in Riverton in the past week. In one of the burglaries a reasonably distinctive surfboard was stolen, as
Outspoken Southland farmer Ray McCrostie is on a quest to find out about the land under his gumboots. He’s developing a low cost, portable water-quality monitoring station for farmers, with Clint Rissman, a scientist who used to work for Environment Southland, and automation engineer Richard Dean. T
