How farmers make spring count
OPINION: Spring is a critical season for farmers – a time when the right decisions can set the tone for productivity and profitability throughout the year.
Ballance Agri-Nutrients has confirmed a farmer rebate of $45 per tonne for the year ending 31 May 2020.
The farmer-owned fertiliser co-op has reported a profit before rebate and tax of $68.9 million.
In total, it will be returning $54 million to its farmer-shareholders.
Total sales volume for the 2020 financial year, including nutrient products, animal feeds and industrial ingredients, were 1.6 million tonnes.
Ballance says it is well positioned to support the primary sector to drive the prosperity of NZ. It says that in 2019, NZ export revenue attributable to the primary sector was over $45 billion, with about $19.8 billion of this revenue dependent on access to nitrogen fertilisers.
The co-op says that the employment of almost 74,000 people in NZ is dependent on nitrogen fertiliser.
“The 2020 financial year has been like no other, with COVID-19 and extreme weather events from floods in the south to drought in the east and north,” says Ballance chairman, David Peacocke.
“We’re entering a new era, and one thing is for sure, we can look forward to a renewed understanding of the value of the primary sector to NZ global economic future and reputation,” he says.
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.
Tributes are pouring in from across the political divide for former Prime Minister Jim Bolger who passed away, aged 90.
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.
Agri advisor Perrin Ag says its graduate recruitment programme continues to bring new talent into the agricultural sector.
Entries are open for the 2026 New Zealand Dairy Industry Awards (NZDIA).
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