Strong Milk Price Boosts PGG Wrightson Earnings
Strong farmgate milk price is helping boost investment on farms, says PGG Wrightson chief executive Stephen Guerin.
PGG Wrightson Southern South Island dairy livestock manager Mark Cuttance claims he is overseeing New Zealand's first online dairy herd sale this week.
An elite Southland Friesian herd is set to become the biggest single livestock offering sold online so far.
PGG Wrightson Southern South Island dairy livestock manager Mark Cuttance claims he is overseeing New Zealand's first online dairy herd sale this week.
Winton farmers Simon and Liz Harnett's cow herd, which Cuttance says ranks in Southland's top 2%, goes under the hammer on December 9.
"This is the first time PGG Wrightson has sold a dairy herd online," Cuttance says.
"Usually when you sell a herd, prospective buyers are the people you already know.
"This is an excellent herd, particularly well suited to this ground breaking selling format," says Cuttance.
A partnership between Canterbury milk processor Synlait and the world's largest food producer, Nestlé, has been celebrated with a visit to a North Canterbury farm by a group including senior staff from Synlait, the Ravensdown subsidiary EcoPond, and Nestlé's Switzerland head office.
Canterbury milk processor Synlait is blaming what it calls "a perfect storm" of setbacks for a big loss in its half year result for the six months ended January 31, 2026.
More of the same please, says Federated Farmers dairy chair Karl Dean when asked about who should succeed Miles Hurrell as Fonterra chief executive.
A Waikato farmer who set up a 'tinder' for cows - using artificial intelligence to find the perfect bull for each cow - days the first-year results are better than expected.
Fonterra says it's keeping an eye on the Middle East crisis and its implications for global supply chains.
The closure of the McCain processing plant and the recent announcement of 300 job losses at Wattie’s underscore the mounting pressure facing New Zealand’s manufacturing sector, Buy NZ Made says.
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