A suggestion that supplier workshops organised by Silver Fern
Farms contradict the ''openness and transparency'' that
farmers are demanding in the red-meat industry has been
strongly rejected by chief executive Keith Cooper.
Silver Fern Farms has announced a net operating loss after
tax of $31.1 million from total revenue of $2 billion for the
year ended September, continuing the trend of poor but
well-signalled results from meat processors.
Silver Fern Farms has reported a remarkable turnaround in
fortunes, recording an operating surplus of $40.6 million for
the year ended September 30, on turnover of $2.1 billion -
from the previous year's $8 million loss on turnover of $1.8