Loss-making rural supplies co-operative Farmlands appears to have "lost its way", North Otago farmer Chris Dennison says. Mr Dennison, who is seeking a position on the Farmlands board in the South Island director elections, was critical of the co-operative’s performance. "Throughout the year, Farmlands has made reference to the poor performance of the rural economy affecting [its] profitability. "When farmers are having a tough time on the land, they do not want their incomes reduced by poor co-operative performance as well." Farmlands needed to "face up to the reality" that the merger (between South Island-based CRT and North Island-based Farmlands) in March 2013 had not gone well, he said.

Source: Otago Daily Times October 13, 2016 16:52 UTC