A Canterbury farm is devastated after 500 of their dairy cows worth around $1 million have gone missing.
The farm is located in Ashburton and police believe around 20 trucks would have been needed to move the herd.
The theft was noticed in late August but may have occurred earlier.
Pennie Saunders, the farm manager, said it has hit the farm’s shareholders hard. She estimates the cows are worth around $2000 each as they are in calf and have been fed well over winter. They have a herd of 1300.
Saunders knows three or four other farms in the area have been affected by livestock theft.