Company blames ‘recent headwinds’ as growers’ returns could tumble to 67% below initial guidance.
Co-op reports significant buyer interest as milk price forecast raised.
Public-private joint venture AgriZeroNZ reported its first full set of financial results, with a loss of $7.85 million.
Northington Partners analysis endorses $3b+ value for co-op’s potential divestment.
China Resources says a change in strategic direction is the reason for the sale.
A new report shows the apple and pear industry contributed almost $2b of total revenue impact to the economy in the past 12 months.
The horticulture company bumps profit guidance for the second time in three months, as conditions improve.
Hawke’s Bay businessman Phil Alison has agreed to sell Cherri Global, rather than tip it into receivership.
Sale to Auckland businessmen on the cards as Cherri Global struggles to pay its debts.
More than 1000 farmers come forward to vent over what banks are not allowing, as inquiry ponders competition issues.