Be afraid
OPINION: Your old mate hears some of the recent uptick in farmer confidence has slipped since the political polls started…
The days of poor returns and results by rural services company PGG Wrightson (PGW) are over - for now.
Rural services company PGG Wrightson’s (PGW) net profit leapt 41% in the first half of the current financial year to $18m – up from $12.8m for the same time last year.
PGG Wrightson's annual result for 2019-20 reflects a game of two halves: a first half net profit of $12.8 million followed by a loss of $5m in the second.
Severe feed shortages in parts of the country mean many ewes are on a nutritional knife-edge heading into lambing and could be at risk of developing metabolic disorders.
Wool trading on both sides of the Tasman is back up and running after a cyberattack on industry software provider Talman.
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.