$10/kgMS milk price tipped for strong 2025/26 season start
The 2025-26 season is set to start on a high and a $10/kgMS opening forecast milk price isn't being ruled out.
The country’s largest family owned and single-site kiwifruit and avocado post-harvest service provider has signed up to a sustainability linked loan (SLL) with ASB.
Trevelyan’s has taken on a SLL, which requires it to commit to key environmental, social and/or governance (ESG) targets, with borrowing costs adjusted based on its performance against these targets.
The company says it has committed to three key areas of focus – reductions in both waste and carbon emissions and improved wellness metrics for its workforce.
Managing director James Trevelyan says the focus on waste, carbon emissions and wellness feeds back to Trevelyan’s sustainability framework of three key pillars – to work smart, tread lightly and treat their people with respect. “We are fully aware that sustainable practices are a longterm investment and will drive ethical and financial value for our business, our people and the planet. We are delighted to partner with ASB with this shared vision.”
He says one of the company’s goals is to reduce its waste to landfill by 10% per year, with a further intention of sending zero waste to landfill by 2030.
ASB head of sustainable finance James Paterson says it’s encouraging to see businesses increasingly focused on sustainability.
“The work from Trevelyan’s with this new SLL is a credit to them and their desire to grow a better future and tread lightly as they do so. We are proud to help bring this to life.”
Patterson says ASB is progressing well on its mission to support industry transition. The bank has a cumulative sustainable lending target of $6.5 billion by 2030 for green, social and sustainability- linked lending across the rural, property, corporate and business sectors – with around $810 million committed to date.
A technical lab manager for Apata, Phoebe Scherer, has won the Bay of Plenty 2025 Young Grower regional title.
Following heavy rain which caused flooding in parts of Nelson-Tasman and sewerage overflows in Marlborough, the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme) is urging homeowners and tenants to be cautious when cleaning up and to take the right steps to support claims.
Newly elected Federated Farmers meat and wool group chair Richard Dawkins says he will continue the great work done his predecessor Toby Williams.
Hosted by ginger dynamo Te Radar, the Fieldays Innovation Award Winners Event put the spotlight on the agricultural industry's most promising ideas.
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Despite the rain and a liberal coating of mud, engines roared, and the 50th Fieldays Tractor Pull Competition drew crowds of spectators across the four days of the annual event.
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