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OPINION: Landcorp is putting a brave face on its latest result, highlighting its progress on KPIs like climate change and gender pay gaps.
Your old mate was more interested in how much they added to the Crown accounts.
As Landcorp says in its 2024 report, it manages "nearly 360,000ha over 112 farms across the motu".
That's a $2 billion asset base, on which Landcorp returned a $20m net operating profit (NOP).
However, times have been tough, with falling product prices hitting revenue and earnings, and they made a $26m net loss after tax.
For comparisons sake, that's 39% lower than the $33m NOP of the prior year, where they lost a mere $9m after tax - on a $2b asset base.
Surely, that's the KPI that's going to matter most to a cash-strapped government?
OPINION: Nearly half of New Zealand's four million dairy calves are processed early, representing not just a missed $1.2 billion opportunity, but a reputational risk for our export-driven agricultural sector.
One of Fonterra's largest milk suppliers says Fonterra's board and management have got what they wanted - a great turnout and a positive signal from shareholders on the sale of its co-operative's consumer and related business.
The first calves of a new crossbred dairy-beef offering are now on the ground at a Pamu (Landcorp) farm near Taupo.
State farmer Pāmu (Landcorp) has announced a new equity partnership in an effort to support pathways to farm ownership for livestock farm operators.
OPINION: Your old mate reckons townie Brooke van Velden, the Minister of Workplace (or is it Woke Place) Relations is now showing how underemployed she is as a minister by initiating an investigation into whether young children should be banned from collecting eggs on farms and feeding animals.
Dannevirke farmer Dan Billing has been announced as the new national chair of Beef + Lamb New Zealand's (B+LNZ) Farmer Council.
A Mid Canterbury beef farm has unlocked a new market for its products thanks to its unusual beef breed, and an award-winning pie taking the district by storm.
The number of beef straws going into dairy cows is on the increase, according to LIC beef genetics product lead Paul Charteris.
OPINION: Farmers along the east coast of both islands are being urged to start planning for drought as recent nor'west winds have left soil moisture levels depleted.
European growers are playing a key role in ensuring Kiwifruit marketer Zespri has year-round supply of high-quality fruit for consumers.
ANZ's chief executive Antonia Watson says agriculture has proven to be “a shining light” for New Zealand’s economy.
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