Krone Group Earnings Drop Despite Stable Farm Machinery Sales
While turnover was back slightly at €2.3 billion in 2024/2025 (previous year €2.4 billion), the German Krone Group saw earnings fall from €107 million to €40.1 million.
The latest Krone Comprima net wrap unit is proving its worth to Wairarapa dairy farmer Lewis Herrick by enabling him to use net-wrap or a net replacement film for the first time.
Lewis has been trialling the machine since the last baling season, tweaking the set-up of the unit to meet local conditions.
“We’ve tested in all kinds of weather, including the wind and the damp, and different crops,” he says.
“Of the 1500 bales I’ve wrapped this year I’ve used film on 500 and can see huge savings on baling time already.”
In a season dictating that feeding-out began in December, Lewis notes that film-wrapped bales are much easier to unwrap than conventional net-wrapped; the film doesn’t get caught in parts of the bale feeder as can happen with net.
Stored bales also appear to be in better condition with the film system, no doubt helped by being packed tightly, stopping air ingress and leading to less rodent or bird damage, which should all contribute to less spoilage over the longer term. Lewis believes bales will be able to stay wrapped for a couple of years.
As well as big improvements in bale quality there are also useful cost savings by using only four layers of film rather than the usual six, because the film put on in the chamber offers more protection than net. When net is required, changeover from film to net and vice versa is a simple process.
John Tulloch, of Tulloch Farm Machines, said another test rig in Southland has been seen to reduce the effect of windy conditions when the wrap is being used; he also notes that less air gets into the bales, meaning that along with less spoilage the quality of silage will improve for farmers and contractors using it.”
The closure of the McCain processing plant and the recent announcement of 300 job losses at Wattie’s underscore the mounting pressure facing New Zealand’s manufacturing sector, Buy NZ Made says.
Specialist agriculture lender Oxbury has entered the New Zealand market, offering livestock finance to farmers.
New research suggests Aotearoa New Zealand farmers are broadly matching phosphorus fertiliser use to the needs of their soils, helping maintain relatively stable nutrient levels across the country’s agricultural land.
Helensville farmers, Donald and Kirsten Watson of Moreland Pastoral, have been named the Auckland Regional Supreme Winners at the Ballance Farm Environment Awards.
Marc and Megan Lalich were named 2026 Share Farmers of the Year at last night's Canterbury/North Otago Dairy Industry Awards.
William John Poole, a third year Agribusiness student at Massey University, has been awarded the Dr Warren Parker and Pāmu Scholarship.
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