AGCO Reports 2025 Sales Decline but Expects Recovery in 2026
The parent company of Fendt, Massey Ferguson and Valtra – AGCO – reports lower net sales of around US10.1 billion in 2025, but forecasts a lift in 2026.
The Nga Manu Trust runs a reserve of 13ha of protected land on the Kapiti Coast.
It is home to at least 700 species of native plants, 56 species of birds (including kiwi and blue duck), and other cool critters like tuatara, geckos and skinks. A visitors' centre focuses on education and conservation and prides itself on the reserve's accessibility for wheelchairs and strollers.
Along with the native flora and fauna, the reserve is home to an Iseki 22hp TM3245 compact tractor that works on tracks and pedestrian bridges.
Fitted with lawn tyres so it doesn't damage the tracks, the tractor has a hydrostatic transmission for stepless speed control, and like it's larger brother to the Iseki TM3245 – has front and rear hydraulics, a loader and uses the rear PTO to run a slasher mower.
Loaned by Goodmans Contracting who dug out the ponds when the reserve was first established in 1974, the tractor is owned by the contracting business which maintains it regularly, seeing this as a way to keep supporting the trust. The company also refurbished one of its old Iseki tractors for Nga Manu and has given them a tipping trailer and a shed. The trailer carts gravel for the tracks and supplies for building projects.
The tractor is ideal because it has to go over footbridges, and Nga Manu has a lot of peat and swampy areas where a larger tractor could get bogged.
The trust management said "we have had the Iseki since August and it's been used at least every second day. We have to clear away trees that fall on the tracks and trim trees near buildings. The Iseki is a great utility tractor, and fits the bill perfectly for Nga Manu. There will be a lot of operators, and with hydrostatic transmission anyone can hop onto it."
Horticulture New Zealand (HortNZ) has released its 2026 election manifesto, outlining priorities to support the sector’s growth, resilience, and contribution to New Zealand’s food security and export revenue.
Farmers have voted to continue the Milksolids Levy that funds DairyNZ.
Fonterra chief executive Miles Hurrell has resigned after eight years in the role.
Matt McRae, a farmer from Mokoreta in Southland who runs a sheep, beef and dairy support business alongside a sheep stud, has been elected to the Beef +Lamb NZ Board as a farmer director.
Ravensdown's next evolution in smart farming technology, HawkEye Pro, was awarded the Technology Section Award at the Southern Field Days Farm Innovation Awards in February 2026.
While mariners may recognise a “dog watch” as a two-hour shift on a ship, the Good Dog Work Watch is quite a different concept and the clever creation of Southland siblings Grace (9) and Archer Brown (7), both pupils at Riverton Primary School.
OPINION: Expect the Indian free trade deal to feature strongly in the election campaign.
OPINION: One of the world's largest ice cream makers, Nestlé, is going cold on the viability of making the dessert.