Farm sales are down on a year ago with dairy farms showing the biggest decline, but prices appear to be holding up
The number of farms being sold is down substantially compared to 12 months ago, although prices appear to holding up reasonably well, according to the Real Estate Institute of NZ.
Sales of Southland dairy farms down on past years
While there is still a good selection of dairy farms available in Southland, there have only been a limited number of sales in the province compared to previous years, according to the Real Estate Institute of New Zealand.
U.S. milk sales are declining
American milk sales are declining, according to a new report.
Damien O’Connor on potential Westland Milk Products sale
Minister of Agriculture Damien O’Connor is not happy with the potential sale of Westland Milk Products, describing it as “a sad day” for the West Coast.
Damien O'Connor on potential Westland Milk Products sale
Minister of Agriculture Damien O’Connor is not happy with the potential sale of Westland Milk Products, describing it as “a sad day” for the West Coast.
Freedom Foods Group pulls out of Lion Dairy and Drinks’ sale
FREEDOM Foods Group has formally announced it will not pursue a bid for Lion Dairy and Drinks’ assets being offered by Kirin Holdings Company Limited.
DFA Reports $1.1 Billion Drop in Dairy Sales During "Challenging" 2018
A “challenging” year in the dairy industry led to a drop in net sales for the largest dairy cooperative in the U.S.
DFA Reports $1.1 Billion Drop in Dairy Sales During “Challenging” 2018
A “challenging” year in the dairy industry led to a drop in net sales for the largest dairy cooperative in the U.S.
Westland Milk Products Signs Conditional Agreement For Sale of Co-operative
The Board of Westland Co-operative Dairy Company Limited has signed a conditional scheme implementation agreement to sell the West Coast dairy co-operative to Hongkong Jingang Trade Holding Co., Limited (“Jingang”), a wholly owned subsidiary of Inner Mongolia Yili Industrial Group (“Yili”) for $3.41 per share, representing an enterprise valuation of $588 million1.
Fonterra set for milk price lift this week after strong GDT sales
Fonterra is set to lift its milk price forecast this week in response to the big lift in internationally traded dairy prices since the start of the year.
