Neal Wallace

Meat industry's future in spotlight

Momentum appears to be building among sheep farmers for a Fonterra-type structure for the struggling meat industry.

Meat super group consultation

Invercargill meat company Alliance Group will seek a shareholder mandate to initiate the restructuring of the meat industry along similar lines to the dairy sector.

Companies view proposal favourably

Companies that could be part of a mega meat merger were yesterday supportive and positive about the proposal to unite 80% of the country's meat processing and marketing capacity.

Farmers support new meat model

Get on with it was the overwhelming view of sheep farmers spoken to at the Southern Field Days in Gore yesterday about moves to create a mega meat-company.

Fonterra restructuring plan still alive

Fonterra says its capital restructuring proposal is still alive despite the axing in May of the first of two votes on changes to the company's structure while it extends consultation with shareholders.

Meat industry merger proposals becoming politicised, says Alliance Group chairman

The man advocating a meat industry merger says he is disappointed the proposal has become politicised just one week after the concept was released.

Cinema write-down hits Skycity result

The benefits of an improved half-year performance by Skycity casinos was eroded by a $60 million write-down of its cinema operations, which saw the entertainment company report a 97% fall in net profit.

Evidence growing of economic slowdown

Evidence is growing of an economic slowdown, with the New Zealand dollar yesterday reaching a post-float high of US81c and commentators warning it could exceed US85c by the end of the year.

Alliance shareholders keen on co-operative

Alliance Group shareholders have reacted favourably to the first day of meetings with company directors to discuss the creation of a meat super group.

Farmers back mega company

A new super meat company could be operating by the start of next year - and initial overwhelming support for the concept indicates it has farmer backing.

Commerce chief bullish on Otago economy

Another period of strong economic growth has Otago well set up for the coming year, says Otago Chamber of Commerce chief executive John Christie.

Second meat company chairman ousted

Cash-strapped livestock farmers have, for a second time, vented their anger at the perilous state of their industry by unseating the chairman of a meat company.

Farmers show their displeasure

Farming leaders have acted with surprise to news PPCS chairman Reese Hart has been voted off the board of the Dunedin meat co-operative.

Steep increase in price of baleage

Baleage has nearly doubled in price to $100 a bale, as the effects of the dry weather start biting deeper.

PPCS may give businessman chair

PPCS could follow the Alliance Group and appoint its first nonfarming chairman today.

PPCS may close plants this year

Some South Island meat processing plants could close as early as this year.

PPCS boss slams shareholders

PPCS chief executive Keith Cooper has delivered a broadside to shareholders for dumping company chairman Reese Hart, saying such a reaction reflected poorly on the industry.

We have mandate for meat merger, says Alliance boss

Alliance group shareholders have given management the green light to investigate further the creation of a meat mega company.

Warning over vet shortage

The country is short of about 400 rural veterinarians - a shortage sector leaders warn could threaten our ability to detect serious animal diseases, to monitor food safety and which could also compromise animal welfare.

Vet a rare type

Todd Field is something of a misnomer.

Search form

Search form

Neal Wallace