Pengxin contract returns hit by low milk prices: Landcorp
Chinese company looking at mechanisms to help sharemilkers cope with volatility.
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
State-owned farming company Landcorp says its sharemilking contract with Shanghai Pengxin will not return its cost of capital for the remainder of its term as low milk prices hit dairying returns.
On Tuesday Landcorp announced it would not renew its management contract for the Chinese company’s
Want to read more? It's easy.
Choose your subscription
Already have an account? Login
Smartphone Only Subscription
NZ$29.95 / monthly
Monthly Premium Online Subscription
NZ$49.95 / monthly
Smartphone Only Annual Subscription
NZ$299.00 / yearly
Yearly Premium Online Subscription
NZ$499.00 / yearly
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$999.00 / yearly
Individual
Group membership
NBR Marketplace
Tim Hunter
Thu, 18 Feb 2016
Thu, 18 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Free News Alerts
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
Free News Alerts
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
Pengxin contract returns hit by low milk prices: Landcorp
55602