I recently had the pleasure of attending an AgFirst event in Hamilton where the results of the 2024-25 Waikato-Bay of Plenty Dairy Financial Survey were shared. Based on a 136ha farm milking 379 cows, average farm profit before tax was $405,892, an incredible 286% increase on the 23-24 season.
Agricultural support giant PGG Wrightson will pay a dividend this year on the back of an improved performance buoyed by increased optimism in the sector.
Two large milk processing plants in New Zealand are changing hands.
Chinese dairy giant Yili Group says its New Zealand operations are on track for strong revenue growth in 2025 after recording significant year-on-year growth for the first half of the year.
The team at Totally Vets, led by Dr Peter Aitken, have worked with Zoetis to test a new synchrony programme on Manawatu dairy farms, with their study finding real-world improvements in heifer reproductive performance.
An A$2 billion bid for Fonterra's Oceania business would be great news, according to Forsyth Barr senior analyst, equities, Matt Montgomerie.
A conference providing insights into how precision tools and technologies are shaping the future of the dairy industry will be held in New Zealand in December.
Rural trader PGG Wrightson has lifted its earning guidance for the last financial year on the back of stronger-than-expected performances across several business units.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
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