Posts tagged "Silver Fern Farms"

Dry conditions put pressure on processing plants

[18 December/NZ Farmer] Meat processing plants across the country are working at capacity to accommodate an influx of stock caused by the dry weather the country has experienced in the last six weeks. Alliance Group said the company has been working through drought scenarios and had got all their plants up and running at full...

Silver Fern Farms forecasts record spend

[12 December/ NZ Herald] Silver Fern Farms has forecast a record spend on livestock of over $230 million this month. Silver Fern Farms Chief Executive, Dean Hamilton said the warm weather throughout the country had pushed stock processing levels higher than normally seen during December. Each week, Silver Fern Farms was processing more than 20,000...

Ex-Zespri head to lead Silver Fern Farms

[5 December/ Otago Daily Times] Silver Fern Farms has named Zespri Chief Operating Officer, Simon Limmer, as its new Chief Executive. Mr Limmer had worked for Zespri in a variety of general management roles in New Zealand and China, and would take over from Dean Hamilton in March 2018. Silver Fern Farms Chairman, Rob Hewett...

Scott expanding to meet demand

[17 October/ Farmers Weekly] Meat processing automated equipment was the most substantial revenue earner for Scott Technology, as the automation was increasing the value of sheep and beef processors’ meat yields including $4 to $5 for every lamb carcase. Scott Technology experienced a 256 percent increase in meat processing sales in the 2016 year, revenues...

SFF moves to secure quality stock supply

[25 September/ Otago Daily Times] Silver Fern Farms Ltd (SFF) is launching a new shareholder benefits programme to ensure quality livestock in a competitive market. SFF Chairman, Rob Hewett, said the programme oversaw how the co-operative planned to distribute future dividends to shareholders, and additional benefits to shareholders who also supplied SFF. Mr Hewett added...

Upcoming beef, lamb, venison season keeps eye on world markets – Silver Fern

 [22 September/ New Zealand Herald] Silver Fern Farms (SFF) said beef, lamb and venison markets would likely be mixed going into next season. Chief Executive Dean Hamilton said current finished cattle schedules reflect a common supply shortage, however, once volumes increase, assuming currency stability, schedules will change to more accurately reflect end-market conditions. Mr Hamilton...

Warning beef prices too high

[22 September/ Farmers Weekly] The lamb export season is well performing with greater numbers than 2016; however, farmers are being warned on the prices they’re paying for store cattle. Silver Fern Farms Chief Executive Dean Hamilton said farmers paying over $3/kg live weight in the store cattle market needed a scheduled price in the high...

Silver Fern Farms shipping chilled beef to test Chinese market

[25 August/The Country] Silver Fern Farms sent its first shipments of chilled meat to China recently, the first company to use sea-freight containers rather than airfreight. The shipment is part of a six month trial and SFF General Manager Sales, Grant Howie, said the shipment would test the market protocols and supply chain at seaports...

SFF chooses youth scholarship recipients

[19 August/Otago Daily Times] Silver Fern Farms CEO, Dean Hamilton, highlighted the depth of talented young people that had applied for the six Plate to Pasture scholarships that the company has recently awarded. The $5,000 scholarships are offered to young people developing their careers in the red meat, food and farming sector. The 79 applicants...

Silver Fern CEO Dean Hamilton steps down

[29 July/NZ Herald] Silver Fern Farms has announced their Chief Executive Dean Hamilton is stepping down at the end of 2017, and the company is seeking a replacement. Mr Hamilton held his executive position for three years and helped it through the Shanghai Maling investment and partnership. Mr Hamilton gave no reason for his resignation;...

Crime groups stealing supermarket meat to sell on black market

[12 July/ Stuff] Radio New Zealand’s Checkpoint reported all Silver Fern Farms meat was temporarily removed from shelves at Sylvia Park’s Countdown supermarket after the products were being targeted by thieves. Countdown advised customers that the Silver Fern meat would only be available on request. The products returned to the supermarket shelves shortly after, and...

Silver Fern returns are better this year

[10 July/ NZ Farmers Weekly] Silver Fern Farms Chief Executive Dean Hamilton said the company’s trading performance was materially better than at the same time a year ago. SFF reported an operating loss of $7.5 million in the year to the end of September 2016 due to sharp falls in in-market prices for both sheep...

SFF confirms Fairton closure, loss of 370 jobs

[1 June/ Otago Daily Times] Silver Fern Farms (SFF) Chief Executive Dean Hamilton has confirmed the closure of its Fairton plant, causing 370 job losses. Mr Hamilton said before 2010, Fairton processed over 1 million lambs each season, but that decreased to below 500,000 two seasons ago to just 325,000 in its last season. SFF...

Gains seen for SFF with Otago plans

 [27 May/ Otago Daily Times] China’s Belt and Road Initiative, launched in 2013, will result in trillions of dollars being injected into a new network of motorways, railways, ports and other infrastructure to link Asia, the Middle East, Africa and Europe. The initiative was designed to speed up the movement of goods and make trade...

Shrinking sector means more closures possible – Beef and Lamb NZ

[18 May/ Radio New Zealand] A Silver Fern Farms shareholder has said sheep farmers require increased support and better prices, or else plants will continue to close as farmers look to more profitable uses of their land. Silver Fern Farms has proposed to close its Fairton sheepmeat plant in Ashburton, which would cut 370 jobs,...

Speculation Silver Fern Farms Ashburton plant might close

[12 May/ Business Day: NZ Farmer] Management of the Silver Fern Farms Fairton Plant in Ashburton has notified workers of a meeting, causing speculation that the sheep meat processing plant might close and put more than 300 jobs at risk. Last year the Fairton Plant’s bobby calf processing unit was shifted to the Pareora Plant,...

Silver Fern Farms proposes to merge Paeroa and Waitoa plants

[24 April/ Business Day: NZ Farmer] Silver Fern Farms has announced that it is proposing to merge its operations at Paeroa and Waitoa onto the Waitoa site and close the Paeroa processing site.  The sites both process bobby calves for around three months a year which would now all be processed at Waitoa.  The company...

Exports of NZ lamb to Iran not until next season at the earliest – Silver Fern Farms

 [23 March/ New Zealand Herald] Silver Fern Farms, among other meat processors, will not be exporting lamb to Iran until next season at the earliest. A spokesperson for Silver Fern Farms, one of two exporters looking at exporting to Iran, said the company was still in the very early process of making agreements, however it...

New Pareora venison plant a major boost to South Canterbury economy

[ 1 March/ Stuff] A new $7 million venison processing plant has meant the Silver Fern Farms (SFF) Pareora freezing works can now offer full-time work across 52 weeks, rather than the seasonal work of the past. The new venison plant had been built to replace the co-operative’s Islington plant, and SFF co-chairman Rob Hewett...

SFF working to do better

[16 February/ Otago Daily Times] Silver Fern Farms chief executive Dean Hamilton is confident of improved financial performance in 2017. Silver Fern Farms announced a $30.6 million after-tax loss for the year ended September, compared with a $24.9million net profit in the previous year. Hamilton said the reduced profit was due to lower volumes processed...

Much still to do, SFF director says

[12 December/ Otago Daily Times] Silver Fern Farms Director, Richard Young said Silver Fern Farms Co-operative had come a long way in the past three years, but there was still a lot of work to do. Mr Young was recently appointed by Silver Fern Farms Co-operative to the board of Silver Fern Farms Ltd, following...

New meat venture starts early

 [28 November/ NZ Farmers Weekly] Directors would be appointed to the new Silver Fern Farms board in early December after the completion of the partnership between the current Silver Fern Farms and Shanghai Maling was brought forward a month. The current Silver Fern Farms would change its name to Silver Fern Farms Co-op and appoint...

Silver Fern Farms not interested in bidding war

 [21 October/ Rural News] Silver Fern Farms will receive a $261 million cash injection when its deal with Shanghai Maling came into force on 4 January 2017. Silver Fern Farms Chairman, Rob Hewett said the money would not be used to start a bidding war for new season lambs, but the company’s balance sheet was...

Merino meat continues under new joint venture after SFF exit

 [29 September/ Business Day: NZ Farmer] The New Zealand Merino Company has entered into a joint venture with Alliance Group after ending one with Silver Fern Farms in September. New Zealand Merino Chief Executive, John Brakenridge said the new partnership would build on the Silere Alpine Origin Merino brand which supplied luxury meat to top...