Scales declares strong first half performance
Scales Corporation has today reported its results for the first half of the 2025 financial year, revealing what it says are outstanding results from its horticulture and logistics divisions.
THE PROSPECT of irrigation addresses some of the woes of Hawkes Bay’s annual drought, says Beef + Lamb NZ chairman Mike Petersen.
The Hawkes Bay Regional Council is developing the Ruataniwha water storage scheme, in the Tukituki river catchment, near Waipukurau.
This involves building a 90 million m3 dam which could irrigate 30,000ha. It could also be used to generate electricity.
Petersen can see the catchment from his farm but he wouldn’t benefit from it because he’s in the hill country.
Considering the years of drought such as the present one, the Ruataniwha scheme is what the district needs, he says.
“Frankly a year like this is a graphic example to naysayers of why it needs to happen. We have a district severely impacted by dry conditions. Having a 30,000ha area capable of being watered year-round is going to be a big benefit for the area.”
Petersen says history shows that where you build irrigation the dairy cows soon follow. But there are spin-offs for the wider farming community, he says.
“In this area we’ll see a focus on sheep and
beef finishers and they will see how they can integrate their operations with the irrigation. Remember we’ve got McCains and Heinz in
this part of the world, so there will be benefits for people who want to do cropping as well. It’s a massive opportunity
and dairy hasn’t got it
all its own away in this area.”
The Government has announced it has invested $8 million in lower methane dairy genetics research.
A group of Kiwi farmers are urging Alliance farmer-shareholders to vote against a deal that would see the red meat co-operative sell approximately $270 million in shares to Ireland's Dawn Meats.
In a few hundred words it's impossible to adequately describe the outstanding contribution that James Brendan Bolger made to New Zealand since he first entered politics in 1972.
Dawn Meats is set to increase its proposed investment in Alliance Group by up to $25 million following stronger than forecast year-end results by Alliance.
A day after the ouster of PGG Wrightson’s chair and his deputy, the listed rural trader’s board has appointed John Nichol as the new independent chair.
The iconic services building at National Fieldays' Mystery Creek site will be demolished to make way for a "contemporary replacement that better serves the needs of both the community and event organisers," says board chair Jenni Vernon.
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