State Farmer Delivers Solid Half-Year Result
State farmer Landcorp, trading as Pamu, is a forecasting a full-year net profit of around $100 million.
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!
Agrisea NZ has appointed Craig Hudson as it's new chief growth officer.
State farmer Landcorp, trading as Pamu, is a forecasting a full-year net profit of around $100 million.
Tony Aitken, chief executive of Ruralco, has been awarded the Excellence in Business Leadership Award at the ANZ Business of the Year Awards.
Global trade has been thrown into another bout of uncertainty following the overnight ruling by US Supreme Court, striking down President Donald Trump's decision to impose additional tariffs on trading partners.
Controls on the movement of fruit and vegetables in the Auckland suburb of Mt Roskill have been lifted.
Fonterra farmer shareholders and unit holders are in line for another payment in April.

OPINION: Here w go: the election date is set for November 7 and the politicians are out of the gate…
OPINION: ECan data was released a few days ago showing Canterbury farmers have made “giant strides on environmental performance”.