Pengxin contract returns hit by low milk prices: Landcorp
Chinese company looking at mechanisms to help sharemilkers cope with volatility.
State-owned farming company Landcorp says its sharemilking contract with Shanghai Pengxin will not return its cost of capital for the remainder of its term as low milk prices hit dairying returns.
On Tuesday Landcorp announced it would not renew its management contract for the Chinese company’s
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Tim Hunter
Thu, 18 Feb 2016
Thu, 18 Feb 2016
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Pengxin contract returns hit by low milk prices: Landcorp
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