LIC ends year with $30.6m profit
Herd improvement company LIC has ended the 2024-25 financial year in a strong position - debt-free and almost quadrupling its net profit.
Former LIC boss Mark Dewdney is the new chief executive of PGG Wrightson (PGW).
Dewdney, who left LIC earlier this year, starts on July 1. He replaces George Gould, who recently stepped down as managing director.
PGW chairman, Sir John Anderson says Dewdney brings impressive qualifications for leading an agricultural business such as PGW.
"We are pleased to have him join the company. In addition to his record of success at LIC, he has spent years in leadership positions in New Zealand and Asia at global dairy giant Fonterra Group.
"His experience is hands-on as well, through his ownership of dairy farms in both New Zealand and Australia."
Irish meat processor Dawn Meats is set to acquire a 70% stake in Alliance Group, according to a report in The Irish Times.
New Zealand's red meat sector says the United States' decision to increase tariffs on New Zealand exports is disappointing.
Waikato-Bay of Plenty farmer Hugh Jackson recently secured this year’s FMG Young Farmer of the Year title in Invercargill.
From nitrogen limits to ecosystem restoration –farmers and catchment groups are leading a new wave of environmental care, says DairyNZ.
OPINION: The Government's decision to stop local authorities going ahead with reviews of district and regional plans makes sense for several reasons.
With June ending and following the most upbeat National Fieldays for several years, tractor dealers are reporting a lift in sales.
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