Pāmu FY26 Report: Profit More Than Doubles to $113m
Pāmu has released its FY26 Integrated Annual Report, reporting a Net Operating Profit of $113 million, more than double the $49 million recorded in FY25.
The Hound reckons the old adage ‘would you buy a used car off this man?’ should be applied when dealing with spin doctors and the companies they are promoting.
Your old mate’s ears pricked up after seeing a number of press releases issued – on behalf of Landcorp and NZ Merino – by one John Mitchell from Blackland PR. However, this John Mitchell is not the former “we are on a journey” All Black Coach; this character’s career path is even more ‘interesting’.
Prior to joining a Wellington dark arts firm, Mitchell was the chief spin doctor for discharged bankrupt property developer, self-proclaimed business guru and former Wellington Phoenix owner Terry Serepisios. He was also the paid mouthpiece for the Internet Party – the baby of dodgy internet balloon Kim Dotcom.
Massey University vice chancellor Pierre Venter says his institute is moving from a period of austerity into a growth phase, based on their new strategy.
With the red meat sector going through a boom time with high prices, the time is right for the industry to step up its investment into developing new food products.
Meat Industry Association chief executive Nick Beeby says there’s now much closer cooperation between meat processing companies than there was many years ago.
A new fruit quality research laboratory has been opened in Auckland by agritech company Hectre to develop pioneering hyperspectral technology.
Farmer lobby Groundswell believes that farmers are worried about the implications of a potential centre-left government.
With less than a week to go before voters choose the next government, Federated Farmers has a simple message to its members - get out and vote.

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