Ballance Returns to Profit, Announces $18.2m Rebate
Ballance Agrinutrients chief executive Kelvin Wickham says despite a tough year, he is pleased the business has returned to profit.
The pact underscores a joint commitment to advancing new and better farming and growing practices in New Zealand's agricultural sector.
Lincoln University's Provost, Professor Chad Hewitt says the agreement establishes a framework for ongoing collaboration, with a focus on identifying and prioritisig opportunities for joint projects.
"These opportunities include improving planning and co-ordination, conducting research and demonstrations on Lincoln University's farms and enhancing environmental stewardship.
"The collaboration also seeks to foster innovation, commercialisation, and promotion of the agricultural sector to the public and policy makers."
One key aspect of this partnership is that it creates a foundation for ongoing and future collaboration with the university says Dr Stuart Kay, innovation leader at Ballance.
"We believe this collaboration will have a positive impact on our industry and will strengthen our connections with universities while showcasing our commitment to innovation and sustainability.
"We are keen to continue our journey of innovation, sustainability, and collaboration."
Both Lincoln University and Ballance share a common vision of a prosperous, sustainable, and innovative future for New Zealand's primary industries. By joining forces, they aim to drive positive change for Kiwi farmers and growers, ensuring they remain profitable and sustainable while meeting the increasing expectations of consumers, both in New Zealand and around the world.
Climate change has brought a pressing need for rapid and effective solutions, especially in areas like greenhouse gas emissions, carbon farming, and carbon sequestration. Lincoln and Ballance say they are committed to tackling these challenges head-on, as well as promoting on-farm diversification and adapting to climate-impacted land use changes.
