Go woke!
OPINION: The Hound reckons the powers at Landcorp (or as they/them like to call themselves, Pāmu) are coming under the microscope with the new government in place.
Landcorp Chief executive Steven Carden says its further development of dairy farms in the central North Island is under review.
He says since he became chief executive he’s been aware of the risks dairying poses to Landcorp’s balance sheet.
Landcorp had initially planned to develop 35 dairy farms in the region in partnership with private company Wairakei Pastoral, but has so far done only 13. Contrary to popular belief, Carden says they are not committed solely to developing dairy farms.
“What we are committed to is developing land for pastoral purposes and it doesn’t have to be dairy,” he told Rural News.
“We are looking broadly at other options such as sheep, beef cropping options and dairy support. We are having an expansive look at what we can do and Wairakei Pastoral is amenable to alternative ideas.”
Carden says Landcorp is committed overall to a long term outlook in its operating environment rather than short term riskier gains. He says the company runs a conservative balance sheet with a low debt-equity ratio.
South Waikato farm manager Ben Purua’s amazing transformation from gang life to milking cows was rewarded with the Ahuwhenua Young Maori Farmer award last night.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.