Ravensdown Returns to Profit, Approves $15/Tonne Shareholder Rebate
Ravensdown has reported a net profit before tax and rebate of $50.1 million for the year ended 31 May 2026.
The country's two largest fertiliser traders have increased prices, for the second time in as many months.
Ravensdown and Ballance are blaming global supply and pricing dynamics for the latest price rise.
Both have bumped up urea prices by nearly 25% to $1,190/tonne.
Potash prices have also jumped by nearly $100/tonne. Ravensdown is selling potash at $995/t, Ballance at $1000/t.
Ravensdown has raised its superphosphate price from $339 to $367 but have told farmers that the new price will be maintained for the next six months.
Halter has announced the six winners of its 2026 One Year Free competition, marking the biggest year yet for the annual award and the first time the company has expanded the field beyond its usual line-up.
For 50 years, Tasman's Mel Ewers has been helping the apple sector navigate through compliance issues and training.
The New Zealand ploughing team to the world championship in Croatia next month will be banking on borrowed equipment as they seek glory.
Just a matter of hours after Indian Prime Minister Narendra Modi's historic trip to New Zealand, the political doors in India swung wide open for Associate Minister of Agriculture, Mark Patterson, who was there to help promote our high-quality coarse wool.
A new company set up to cultivate and supply seaweed for animal methane mitigation studies believes it could be a game changer for the dairy industry.
There's strong support from the horticulture sector for the Government's plans to overhaul and streamline the Recognised Seasonal Employer (RSE) scheme.

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