PGW revises earnings guidance as farmer spending drops
Rural trader PGG Wrightson has revised its operating earnings guidance, saying trading conditions have deteriorated since the last market update in February.
PGG Wrightson clients will again have the opportunity of funding the community organisation of their choice through the annual Cash for Communities initiative which started last week and runs until May 31.
The programme will allocate $2/tonne of Ballance Agri-Nutrients fertiliser purchased and $2 for every $500 spent on selected agri-chemical or seed products to deserving community organisations. Customers have the option of nominating their local school, St John, IHC or Rescue Helicopter for funding.
Stephen Guerin, PGG Wrightson general manager rural supplies, says Cash for Communities represented a joint initiative between PGG Wrightson and a number of its committed suppliers who backed the idea of giving something directly back to the communities they served.
Last year the initiative put more than $80,000 into the hands of almost 140 rural schools, St John services, the IHC and the Christchurch Earthquake Appeal.
Guerin says PGG Wrightson would also continue its focused efforts on providing technical expertise to assist clients with their annual cropping planning through its Autumn land production programme, geared to ensuring that farmers and growers were using the right products at the right time for optimum pasture performance and results.
"The PGG Wrightson team is dedicated to providing quality forage and agronomic solutions that fit into our clients' farming business."
Clients can register and nominate their cause in-store or at www.pggwrightson.co.nz.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
Meat processor Alliance Group is asking farmer shareholders to inject more capital in order to remain a 100% co-operative.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
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