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.
Ravensdown has named Tom Wilson as this year’s recipient of the Hugh Williams Memorial Scholarship.
The Hugh Williams Memorial Scholarship was founded to commemorate the late Hugh Williams, a Ravensdown director from 1987 to 2000. The scholarship provides $5000 per year for the duration of a student’s agricultural or horticultural studies at Lincoln, Waikato or Massey University.
Currently in his third year at Massey University, Wilson is studying his Bachelor of Agricultural Science. He is actively involved in the agricultural sector and presented his research on the feasibility of an updated Spreadmark test at the annual Fertiliser and Lime Research Centre conference in 2019.
Wilson has a keen interest in precision and digital agriculture which works well with his passion for food production and the environment. He believes that the solutions to feeding the world’s growing population without risking the environment will come from variable rate application and site-specific management.
“Geographic Information Systems, or GIS, has become my favourite subject,” says Wilson. “GIS software lets you spatially map data, such as soil texture or organic matter content of topsoil and then from this data you can form site-specific management zones for variable rate application. I’m very much a visual learner and being able to visualise spatial data in map form gives me a greater appreciation for the possibilities of precision agriculture.
“In the future, I want to be a leading figure in the mass adoption of precision agriculture,” says Tom. “I think it’s an exciting time to be in the agricultural sector, and I aim to do my part to bridge the gap for precision agriculture between research and on-farm practice.”
A Palmerston North shearer has been sentenced to six months' community detention and 12 months' supervision after being found to have physically abused three lambs while shearing them.
Power Farming has launched a joint venture in Southland.
Food rescue charity Meet the Need has released its 2025/26 Impact Report, revealing a record year of growth alongside a stark warning: demand for food support across New Zealand is rising faster than supply can keep up.
As we move into the second half of 2026, the Tractor and Machinery Association (TAMA) reports that Year-to-Date figures ending June 30 saw new tractor deliveries hitting 1,386 units or 10.7% ahead of the same period in 2025.
The avocado sector is entering the new season with a larger crop and positive market opportunities.
New Zealand growers have always adapted to changing conditions, but one challenge is steadily gaining ground across the horticulture sector: resistance.

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