LIC ends year with $30.6m profit
Herd improvement company LIC has ended the 2024-25 financial year in a strong position - debt-free and almost quadrupling its net profit.
Foreign land ownership, food prices and super farms are all hot topics at the moment – and they all hinge on the vital importance of agriculture and land-based industries to the New Zealand economy.
Visitors to the National Agricultural Fieldays at Mystery Creek this week June 13-16 will have the opportunity to hear about these and a range of other topics at daily seminars, being held in the Premier Feature area.
The University of Waikato is in its sixth year as a strategic partner of fieldays, and the university's inaugural Chair of Agribusiness, Professor Jacqueline Rowarth will be playing a key role in delivering the Fieldays Seminar Series.
She'll be facilitating a series of panel discussions with speakers covering topics such as farm ownership, gender, ethnicity, land use, and regulations in food production -- as well as food prices.
"These are topics of interest to all New Zealanders," says Rowarth. "It's the exchange of ideas and information that is the foundation for advances in agriculture. It's also the basis of understanding."
To discuss the issues, she'll be joined by speakers including Peter Buckley of the Waikato Regional Council, Willy Leferink of Federated Farmers, and Chris Kelly of Landcorp.
Also speaking at the seminar series is population economist Professor Jacques Poot of the National Institute of Demographic and Economic Analysis, based at the University of Waikato.
Poot is examining data on population trends in rural New Zealand, and says it's a complicated picture.
He says some rural areas on the fringes of urban areas are experiencing population growth as lifestylers move in, others are benefiting from growth in the primary sector or tourism, while yet other more peripheral rural populations are hollowing out as young people leave to find work.
The National Wild Goat Hunting Competition has removed 33,418 wild goats over the past three years.
New Zealand needs a new healthcare model to address rising rates of obesity in rural communities, with the current system leaving many patients unable to access effective treatment or long-term support, warn GPs.
Southland farmers are being urged to put safety first, following a spike in tip offs about risky handling of wind-damaged trees
Third-generation Ashburton dairy farmers TJ and Mark Stewart are no strangers to adapting and evolving.
When American retail giant Cosco came to audit Open Country Dairy’s new butter plant at the Waharoa site and give the green light to supply their American stores, they allowed themselves a week for the exercise.
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.

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