Tuesday, 10 October 2023 15:02

Woke and broke

Written by The Hound

font size decrease font size increase font size
Print
Email

OPINION: Your old mate reckons he now understands just why state farmer Pāmu (Landcorp in everyday man's language) is such a dog of an investment and why it returns a paltry dividend - relative to the huge capital tied up in the SOE - to the country's hard-pressed taxpayers.

Reading the state farmer's latest quarterly report, it makes the following statement: "Our purpose extends beyond profit. We aim to nurture and enrich the land on which we farm, balancing performance and the environment. We seek to ensure our farming activities contribute positively to ecosystems and communities..."

It then goes on to crow about how it has "achieved Toitū carbonreduce farm certification across 50% of our farm portfolio".

Pāmu should just drop its virtue-signalling wokeness and get on with farming, then the whole country would be better off!

More like this

Pāmu and Meet the Need Launch Mince Recipe Cards for Food Banks

A partnership between state-owned enterprise Pāmu (Landcorp Farming Limited) and charity Meet the Need is putting more than quality New Zealand beef into food bank parcels this year.

State farmer posts record results

State farmer Pamu has delivered its strongest operating result on record.

Cool Beef: NZ's New Programme to Cut Cattle Methane

Beef+Lamb New Zealand and the Ag Emissions Centre have launched a new research project aimed at helping beef farmers reduce methane emissions without impacting productivity or profitability.

'LinkedIn Greens'

OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities Party, labelled by some as the 'LinkedIn Greens' for their corporate spin on Green-esque 'tax the rich' policies.

UK Warning

OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in Westminster is a salient warning for us.

Featured

Fonterra FY26 Results: $9.69 Milk Price, $3.4bn Profit

Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.

New Dairy Welfare Code Released, Takes Effect 2027

The first major update to the Dairy Cattle Code of Welfare in more than a decade has been released, marking what DairyNZ describes as an important step in ensuring animal welfare standards continue to evolve alongside scientific evidence and on-farm realities.

Ravensdown Elects Montgomery, Acland to Board

Ravensdown shareholders have elected Jane Montgomery and Kate Acland to the Ravensdown Board for three-year terms, following a closely contested director election.

Federated Farmers Welcomes RMA Replacement Passing

Federated Farmers says new legislation replacing the Resource Management Act will cut red tape, unlock investment and help grow New Zealand's export-led economy, after the Planning Bill and Natural Environment Bill passed their third reading in Parliament yesterday.

Major Parties to Debate Farming Policy Ahead of Election

Leading figures from the major political parties will be questioned on their primary sector policies at the Rural Issues Debate at Mystery Creek Events Centre, Hamilton, on 30 September.