increase font size
Steven Carden.
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.
To mark International Day of Education on January 24, 2025, state farmer Pāmu (Landcorp) announced the commencement of its Apprenticeship Scheme, designed to equip the next generation of farmers with the skills, knowledge, and experience needed for a thriving career in agriculture.
OPINION: Landcorp is putting a brave face on its latest result, highlighting its progress on KPIs like climate change and gender pay gaps.
In a landmark move, the state-owned farmer Pāmu (Landcorp) is making four of its 44 dairy farms available for people wishing to take up various contracts including herd-owning, share milking, variable order share milking and contract milking.
Major steps are underway to improve the quality of dairy beef calves.
Tucked away in a remote part of the central North Island, staff at a Pāmu (Landcorp) farm are working hard to solve one of the biggest challenges facing the dairy and beef sectors.
Reuters reports that giant food company Wilmar Group has announced it had handed over 11.8 trillion rupiah (US$725 million) to Indonesia's Attorney General's Office as a "security deposit" in relation to a case in court about alleged misconduct in obtaining palm oil export permits.
DairyNZ is celebrating 60 years of the Economic Survey, reflecting on the evolution of New Zealand's dairy sector over time.
As electricity prices soar, farmers appear to be looking for alternative energy sources.
There is an appeal to New Zealanders to buy local citrus fruit.
Avocado growers are reporting a successful season, but some are struggling to keep their operations afloat following years of bad weather.
It's time to start talking up science again, especially as a career for young people. That's one of the key messages from the Prime Minister's new chief science advisor, Dr John Roche.
