There are more problems for struggling dairy processor Synlait.
The Canterbury-based organisation told yesterday's Australian securities exchange that more than half of its 280 suppliers want to leave.
It comes after the company posted a $96 million half year loss in April.
Ashburton-based supplier Willy Leferink told Mike Hosking that it's a company problem, not an industry one.
He says Synlait overstretched themselves when they built a plant in the North Island a couple years ago and made some other regrettable decisions.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Two Guys, Five Rings: Matt, Bowen & The Olympics
Two Guys (Bowen Yang and Matt Rogers). Five Rings (you know, from the Olympics logo). One essential podcast for the 2026 Milan-Cortina Winter Olympics. Bowen Yang (SNL, Wicked) and Matt Rogers (Palm Royale, No Good Deed) of Las Culturistas are back for a second season of Two Guys, Five Rings, a collaboration with NBC Sports and iHeartRadio. In this 15-episode event, Bowen and Matt discuss the top storylines, obsess over Italian culture, and find out what really goes on in the Olympic Village.