PGG Wrightson Revenue Tops $1.1b as Profit Jumps 46%
After delivering a strong financial year, rural trader PGG Wrightson says the coming months will depend on customer confidence and weather.
PGG Wrightson has recommitted to continuing its support for the IHC Calf & Rural Scheme.
"This is a partnership that has flourished over four decades and continues to make a significant difference in the lives of some of New Zealand's most vulnerable individuals and their families," says Peter Newbold, general manager of PGG Wrightson Livestock.
He says PGW has recently renewed its sponsorship for the IHC Calf & Rural Scheme, committing to another three years.
"This renewal extends the legacy relationship with the IHC to a remarkable span of at least 44 years," Newbold explains. "Such commitment showcases a dedication to creating positive change that stands the test of time."
Launched in 1982, the IHC Calf & Rural Scheme has grown to be one of New Zealand's most successful charitable programs.
"Through the years, this rural donation scheme has raised over $41 million for IHC, funds that have made a transformative impact on the lives of those it serves," Newbold adds. "We're proud of our long assocaition with this fantastic cause."
Farmlands has reported higher operating earnings and a profit before income tax of $4.5 million, up 118.9%, for the year ended 30 June 2026.
AgriZeroNZ has invested a further NZ$17.7 million in methane vaccine developer ArkeaBio and NZ$5.1 million in BioLumic, a New Zealand-founded company that uses ultraviolet light to develop low-emissions pasture..
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
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