Andy West, from AgResearch, and the Ministry of Agriculture
and Forestry's deputy director-general Barry O'Neill
implicitly urge farmers to produce even more food
(ODT, June 16, 2008).
Some Silver Fern Farms shareholders believe the meat company
could struggle to get the 75% approval needed for the sale of
50% of the co-operative to PGG Wrightson.
Silver Ferm farms is selling millions of dollars of property,
including its central Dunedin head office along with
disposing of its recently-closed Burnside deer processing
plant.
Savings from the merger of
the country's biggest meat processor and exporter and its
largest rural servicing company would boost lamb prices by $5
a head next season, its promoters say.