Be afraid
OPINION: Your old mate hears some of the recent uptick in farmer confidence has slipped since the political polls started…
Silver Fern Farm's 6000 farmer shareholders could be in the gun for millions of dollars in penalty payments and costs if the company's proposed merger is not settled by June 30.
Tekapo farmer Martin Murray can claim the country's best fleece for 2016, having won the Royal Agricultural Society Golden Fleece competition on his third attempt.
Despite PGG Wrightson's half-year earnings being down on last year's record – the rural services company still posted its second-best result in nearly a decade.
Waikato animal nutrition specialist Nadine Huitema was one of two Kiwi representatives at the Woolworths Agricultural Business Scholarship Programme in Sydney last week.
Rural service trader PGG Wrightson has lifted annual earnings for the third straight year despite the dairy downturn.
LIvestock firms PGG Wrightson, Elders New Zealand (Carrfields) and Rural Livestock are facing claims of price fixing by Commerce Commission.
Prices have been up at weaner fairs around the country, reflecting the buoyancy of the beef market and the need for many hill country farmers to reduce stock numbers ahead of winter, comments PGG Wrightson.
Stock agents are reporting that it is only recently that herd prices have come back because of Fonterra’s lower forecast payout for the 2015-16 season and following seasons.
PGG Wrightson trade account holders can now pay for broadband via their PGG monthly trade account. This is one effect of a deal between PGG and internet service provider Wireless Nation.
Rural trader PGG Wrightson has reported a half-year gross profit of $33.6 million, its best result in seven years. Group revenue was up 3% and net profit after tax increased to $19.7 million, up from $13.4 million for the same period last year.