PGG Wrightson (PGW) ended a bumpy year with record profit, a “transformational” sale of its grain and seed business and many changes of board and management.
PGG Wrightson says the recent sale of a Lower Waitaki dairy farm for $8.35 million could “re-ignite” the market for dairy property.
A wet spring across the country and a delayed recovery were largely the reason for a softer half-year result for PGG Wrightson (PGW).
PGG Wrightson shareholders have approved a plan to sell its seeds division to Danish seeds giant DLF.
Plant breeding research for pastoral farming has shifted from the likes of AgResearch to private institutions, says Derek Woodfield, GM research and development, PGG Wrightson Seeds.
Merino wool is “very much the talk of the town at the moment,” says PGG Wrightson South Island sales manager Dave Burridge.