Displaying items by tag: profits

Deer farmers have now enjoyed a six year-run of firming prices for velvet antler, making velvet production one of the most profitable livestock farming ventures.

The exceptionally low milk price has dealt a blow to Landcorp, forcing it to post a half year profit to December 31, 2014 of just $1 million, down 92% on the same period in the previous year. 

Producing the same quantity of milksolids from half the number of cows would be a winning formula for any farmer.

Yesterday's Synlait Milk annual meeting delivered good news for members, with the company showing solid performance for the 2013 financial year.

A BIG drop in the milksolids price has left many farmers wondering how they can make a profit – or at least minimise their loss – in what promises to be a financially challenging season. 

MEAT CO-OP Alliance Group has reported a pre-tax profit of $17.6 million for 2013-14.

A FARMER focus will be at the centre of LIC’s ambitious strategy to at least quadruple business to $1 billion by 2025, says chief executive Wayne McNee.

Silver Fern Farms chairman Rob Hewett says the company is on track to deliver a significantly improved profit for the 2014 year, following a strategic review of the business and a focus on debt reduction.

HIGH COMMODITY prices doubled the annual profit of corporate farmer Rural Equities Ltd in the last financial year.