The grapevine reckoned that Don Brash and Keith Turner (former National leader and CE of Meridian Energy respectively) had been showing interest in a dairy farm that’s for sale in our neighbourhood.
The farm’s still on the market but Rural News reports that the two men are directors of New Zealand Milk which is planning to build a factory to produce skim and whole milk powder near Glenavy, just north of the Waitaki river.
If it goes ahead, South Canterbury suppliers will be spoiled for choice. New Zealand Dairies has a factory at Studholme, near Waimate, and Fonterra has a factory at Clandeboye, north of Timaru.
In spite of the uncertain outlook for commodities in international markets, this indicates that there’s still plenty of people who believe that where there’s milk there’s money to be made.