Ravensdown Returns to Profit, Approves $15/Tonne Shareholder Rebate
Ravensdown has reported a net profit before tax and rebate of $50.1 million for the year ended 31 May 2026.
Dr Bert Quin (right) receiving his Life Membership of the NZ Soil Science Society late last year, for “Distinguished Service to Soil Science”.
Quinfert owner, Bert Quin says his autumn fertiliser sales are nearly double last year’s.
This is despite farmer difficulties with the extended drought and getting their stock processed, not to mention complications arising from COVID-19.
He claims this a clear sign that more and more farmers are seeing through the “disinformation campaign” about Quinfert’s Algerian RPR, touted as an environmentally protective fertiliser<.
“It has longed been ranked one of the very best RPR’s internationally, in all the internationally used tests, and even more importantly, in field trials”, Quin says.
“Putting the hard facts forward in regular print advertising has had a large role to play in this”.
Quin believes farmers are becoming increasingly cynical about what they are being told by their regular supplier.
“They have been told for decades that soluble P doesn’t get lost in significant amounts to the environment in runoff or leaching. Now, with Quinfert appearing on the scene with its true RPR, farmers are being offered a drilling super type product as the saviour for the environment because it has far lower P losses than superphosphate,” he adds.
“Farmers were also told that high-performance RPR had become very hard to get.”
But Quin says that Algerian RPR had been available all the time and was offered to the industry.
A Palmerston North shearer has been sentenced to six months' community detention and 12 months' supervision after being found to have physically abused three lambs while shearing them.
Power Farming has launched a joint venture in Southland.
Food rescue charity Meet the Need has released its 2025/26 Impact Report, revealing a record year of growth alongside a stark warning: demand for food support across New Zealand is rising faster than supply can keep up.
As we move into the second half of 2026, the Tractor and Machinery Association (TAMA) reports that Year-to-Date figures ending June 30 saw new tractor deliveries hitting 1,386 units or 10.7% ahead of the same period in 2025.
The avocado sector is entering the new season with a larger crop and positive market opportunities.
New Zealand growers have always adapted to changing conditions, but one challenge is steadily gaining ground across the horticulture sector: resistance.