Last week we spoke to Alliance Group chief executive Willie Wiese about the red meat cooperative’s controversial capital-raising programme. This week it’s chair Mark Wynne’s turn. He comments on the response from the recent farmer meetings and says the world’s largest sheep meat processor has not been well managed in the past 10 years. But has the board and management been incompetent or, worse, negligent?
Emma Higgins:
Rabobank’s senior ag analyst reviews last night’s GDT auction (surprisingly up 1.8 per cent, whole milk powder + 2.4 per cent) and previews the bank’s latest Q2 Global Dairy Quarterly Report which has announced an opening forecast milk price of $8-40 kg/MS.
Jim Hopkins:
Our resident rural raconteur injects some humour during challenging times down on the farm, going back in time to the 1980s and the transformational Lange/Douglas government to ask if history is about to repeat itself.
Listen below: