2024/25 Dairy Statistics: NZ dairy farmers boost production with fewer cows
According to the New Zealand Dairy Statistics 2024/25 report, New Zealand dairy farmers are achieving more with fewer cows.
Former LIC boss Mark Dewdney is the new chief executive of PGG Wrightson (PGW).
Dewdney, who left LIC earlier this year, starts on July 1. He replaces George Gould, who recently stepped down as managing director.
PGW chairman, Sir John Anderson says Dewdney brings impressive qualifications for leading an agricultural business such as PGW.
"We are pleased to have him join the company. In addition to his record of success at LIC, he has spent years in leadership positions in New Zealand and Asia at global dairy giant Fonterra Group.
"His experience is hands-on as well, through his ownership of dairy farms in both New Zealand and Australia."
According to the latest Federated Farmers banking survey, farmers are more satisfied with their bank and less under pressure, however, the sector is well short of confidence levels seen last decade.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.