Alliance Group returns to profit after two years with $93m turnaround
After two years, Alliance Group has returned to profit.
Ballance chief executive Mark Wynne says criticism of the nutrient management tool Overseer is “very old-school”.
Critics are not aware of where Overseer is today, he says.
“Overseer is moving rapidly into a much more user-friendly tool; the science remains the complex part but the user face is much easier.”
Wynne says New Zealand had a choice: either control the input of nutrients as in Europe, or model the output of nutrients.
“In NZ we’ve chosen the outcome approach that allows farmers to be more entrepreneurial; it’s a messy journey to get where we want to be but the trends are right.
“Overseer is the tool for the job; it’s a modeling approach and works well.
“We have hitched our wagon to Overseer; it will be the core measurement tool used in NZ for a long time.”
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
The most talked about, economically transformational pieces of legislation in a generation have finally begun their journey into the statute books.
Effective from 1 January 2026, there will be three new grower directors on the board of the Foundation for Arable Research (FAR).