Farming not Maori’s best asset
15 August 2018
The poorest performing Maori investments are in farming, often favoured for cultural rather than economic considerations, ANZ Bank says.
AGRIBUSINESS ARCHIVES
Heartland lifts rural income
15 August 2018
Heartland Bank increased its rural net operating income in the latest year though the amount loaned to the sector at year-end was lower.
Scales sells bulk liquid storage unit
15 August 2018
Scales Corp will sell its bulk liquid storage unit to Taranaki’s SBT Group for $20 million as the agriculture group builds up a war chest to seek out new acquisitions.
PGW equals record earnings
14 August 2018
PGG Wrightson equalled record operating earnings levels in the latest year but as signalled earlier, a raft of one-off and higher interest costs made a big dent in the bottom-line profit.
Support for oganics rules
14 August 2018
Most public submissions support the Government’s preferred approach of a single set of rules for organic production, Food Safety Minister Damien O’Connor says.
Hop sydicate will boost sector 20%
13 August 2018
The previously closed hop growing sector will expand considerably over the next two years as a MyFarm syndicate boost the area planted near Nelson by 20%.
Pamu, Forest and Bird form a team
13 August 2018
Pamu, formerly known as Landcorp, is not cosying up to farm critics but including them in corporate governance to benefit the wider farming sector.
Farmers are watching
10 August 2018
Federated Farmers arable section chairwoman Karen Williams hopes the expanded DLF Seeds business will continue the PGG Wrightson strategy of contracting New Zealand farmers to grow seeds for it on a significant scale.
Seeds sale a ‘good, clean deal’
10 August 2018
DLF Seeds’ purchase of PGG Wrightson’s seeds and grain business for $421 million is at a big premium to its book value of $285m, PGW deputy chairman Trevor Burt says.
Trump puts kiwi exports at risk
10 August 2018
The dairy industry is watching nervously as United States President Donald Trump rolls out new sanctions against Iran and threatens those who do business with it.
