A $150 million investment into a southern town’s biggest employer will be tremendous boon to the Southland community, resident and Southland district councillor Paul Duffy says.
Dairy co-operative Fonterra’s $75 million high value protein development at its Studholme site will create jobs in the Waimate area as well as adding value for farmers, it says.
Southland's economy has been given another boost after Fonterra announced a $150 million expansion to its Edendale plant, which is expected to create 70 jobs.
Southern sheep farmers saw an almost $100,000 drop in revenue per farm in 2023-24 on the back of low farmgate prices, Beef + Lamb New Zealand’s new season outlook report shows.
Alliance Group has halved the share deductions from farmer shareholders, saying it listened to concerns that the level was too high for some in the current economic climate.