Ravensdown Returns to Profit, Approves $15/Tonne Shareholder Rebate
Ravensdown has reported a net profit before tax and rebate of $50.1 million for the year ended 31 May 2026.
Former Minister for Primary Industries Nathan Guy will take over as chair of Apiculture New Zealand in July.
Former Minister for Primary Industries Nathan Guy has been announced as the new chair of Apiculture New Zealand.
Guy will take over the role from Bruce Wills in July 2022. Wills has held the role since the industry organisation was established in 2016.
Coming from a primary sector background, Guy has spent 15 years as a Member of Parliament, nine years as a Minister of the Crown, with five years as the Minister for Primary Industries.
“The board is delighted that Nathan Guy is to be the new Chair of Apiculture New Zealand,” says Wills, who will remain chair until June 2022.
“Nathan’s commitment to New Zealand’s primary sector, his understanding of the challenges and opportunities faced by the apiculture sector, and his ability to connect with key stakeholders here in New Zealand and abroad will be welcomed by the industry.”
“Nathan’s time as Minister has also seen him gain specific experience and knowledge of key areas including biosecurity and honey regulations, as well as experience of international markets and consumers,” says Wills.
Guy says he is excited to be taking over the role.
“The industry plays a critical role in our agri-sector, contributing over $5billion to New Zealand’s economy, not just through honey and bee products but also through pollination services,” he says.
“There is huge opportunity to grow the sector’s value to New Zealand and I look forward to working with the Board, its members and industry to continue their work consolidating a sustainable future for the apiculture sector.”
The Royal New Zealand College of General Practitioners (the College) and Hauora Taiwhenua Rural Health Network are calling for investment in a proposed new training pathway for rural GPs, warning that many rural practices are struggling to recruit while a large share of the existing workforce nears retirement.
Federated Farmers has called on Central Otago District Council (CODC) to drop or vote down a plan to truck sludge from Alexandra and Cromwell to farmland near Lauder, warning it would compound an "outrageous" situation created by a separate council's decision weeks earlier.
Synlait has swung to second-half profit as operations stabilise, but the dairy processor still posted a $75.4m annual loss.
LIC shareholders have elected a new North Island representative to the co-operative's Board, along with five representatives to its Shareholder Reference Group (SRG), following the company's Annual Meeting held in Invercargill.
Farmers across parts of Southland and South Otago are continuing to deal with difficult conditions after a prolonged run of wet weather, with pressure building around feed supply, stock management, pasture damage, farm infrastructure and everyday workloads.
Federated Farmers says it welcomes Labour's commitment to reviewing the Sharemilking Agreements Act, calling on other major parties to do the same.

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