Synlait buys farmland for $25.7m

Synlait buys farmland for $25.7m
Rebecca Howard
Synlait Milk has snapped up farmland next to its Dunsandel facility for $25.7 million, giving it greater control over water rights, cutting its reliance on truck deliveries and letting it to carry out on-farm research.The farmland forms a 582-hectare unit and “provides a unique opportunity to pursue on-farm sustainability initiatives and reduce our environmental footprint whilst creating further supply chain efficiencies in our business,” Synlait chief executive Leon Clement said.According to Synlait, the land would provide certainty over acces...

More Primary Sector

High risk of bird flu says biosecurity minister
Primary Sector

High risk of bird flu says biosecurity minister

Hoggard is less concerned about the risk to dairy cattle. 

Leadership changes on Fonterra's management team
Primary Sector

Leadership changes on Fonterra's management team

CEO Miles Hurrell says its to help lead co-op potential consumer divestment.

Riley Kennedy 20 Jun 2024
Whole milk powder prices fall 2.5%
Primary Sector

Whole milk powder prices fall 2.5%

Skim milk powder prices increased, however.

Riley Kennedy 19 Jun 2024