Alliance Group returns to profit after two years with $93m turnaround
After two years, Alliance Group has returned to profit.
Alliance, a part of Yokohama Off-Highway Tyres, has introduced a new tyre, especially designed for pivot irrigation systems.
The Alliance 768 Value Plus features a completely new pattern that provides effective grip and traction for the constant loads being moved on fixed circular paths under moist or even muddy conditions.
Wide spacing of the lugs means that self-cleaning properties are maintained at all times while a rounded shoulder provides constant propulsion and protects the crop against damage at the same time. A strong nylon carcass allows for a prolonged and reliable service live.
The Alliance 768 Value Plus features a special ozone compound which eliminates premature aging and cracking of the tread, said to be a consideration, as climate change continues, meaning investment in irrigation systems is likely to increase as the natural supply of water to crops diminishes.
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…