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.
Irrigation New Zealand chief executive Vanessa Winning is stepping down after four years in the role.
The search for her replacement is underway and IrrigationNZ has advertised the vacancy. It says the CEO will build and maintain strong, mutually beneficial relationships with members, stakeholders and government, and actively seek opportunities to collaborate with other aligned sector organisations to deliver the best outcomes for the irrigation sector in New Zealand.
IrrigationNZ represents over 4500 members nationally, including irrigation schemes, individual irrigators, and the irrigation service sector.
"Our irrigator members include a wide range of farmers and growers: sheep and beef, dairy and cropping farmers, horticulturalists, winegrowers, as well as sports and recreational facilities and councils," it says.
"We also represent over 120 irrigation service industry members - manufacturers, distributors, irrigation design and install companies, and irrigation decision support services for both freshwater and effluent irrigation. We are a voluntary-membership, not-for-profit organisation whose vision is water to nourish our community, environment, and economy."
Federated Farmers says it is cautiously welcoming signals from the Government that a major shake-up of local government is on its way.
Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.
The global agricultural landscape has entered a new phase where geopolitics – not only traditional market forces – will dictate agricultural trade flows, prices, and production decisions.
National Lamb Day is set to return in 2026 with organisers saying the celebrations will be bigger than ever.
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The chance of a $10-plus milk price for this season appears to be depleting.

OPINION: Winston Peters has described the decision to sell its brand to Lactalis and disperse the profit to its farmer…
OPINION: The Hound reckons a big problem with focusing too much on the wrong goal - reducing livestock emissions at…