Rural services company PGG Wrightson (PGW) has announced an increase in earnings but a drop in net profit in the year to the end of June.
New Zealand farmers will see no immediate difference onfarm from the sale of the PGG Wrightson Seeds business.
Australian rural services company Elders has downplayed media speculation it is raising funds for a buyout of New Zealand’s largest agricultural services company PGG Wrightson (PGW).
Traceability is the big question for stock traders as the campaign to eradicate Mycoplasma bovis gears up, says PGG Wrightson general manager livestock, Peter Moore.
PGG Wrightson is blaming human error for a mix-up resulting in farmers, mostly in the South Island, planting a livestock swede of a variety older than they ordered.
The 2018 financial year has begun with confidence high among dairy, beef and horticultural clients due to good commodity prices, says PGG Wrightson in its first quarter guidance update to shareholders.