Board upheaval at PGW
The board of rural trader PGG Wrightson Limited has agreed to call a special meeting demanded by its largest shareholder.
Traci Houpapa claims that Māori warrant special consideration, having come to the table with a long tail of deficit.
Māori supoort for HWEN may be a key factor in winning government support for the primary sector-led initiative.
The Māori perspective is obvious when reading the narrative in the report. Traci Houpapa, chair of the Federation of Māori Authorities (FOMA), says she supports the recommendations in HWEN. She says, from the very beginning, when the partnership was first proposed, Māori strongly advocated for a Te Ao view, which ties in health and wealth of people as well as the wealth of the land.
"Our preferred stance has always been centred on taiao (the environment)," she told Rural News. "The current profit-driven focus of the primary sector industries carries a significant environmental cost. It is not sustainable and we have pushed for a values-over-value approach."
Houpapa says Māori warrant special consideration, having come to the table with a long tail of deficit.
She says they lost 95% of their land post Treaty and almost 60% of the land they got back is hard hill country, which means that when adverse climatic events occur, Māori farms tend to be disproportionately affected when compared to Pakeha farms.
"It is important to remember that FOMA has vested interests in the performance of all the HWEN signatories," she adds. "As significant levy payers into those industry groups, we expect better performance, participation and better partnership and investment into the Māori climate change adaptation process."
Houpapa says the HWEN report has resulted in a series of valuable wins for Māori farmers, growers and landowners.
A partnership between Canterbury milk processor Synlait and the world's largest food producer, Nestlé, has been celebrated with a visit to a North Canterbury farm by a group including senior staff from Synlait, the Ravensdown subsidiary EcoPond, and Nestlé's Switzerland head office.
Canterbury milk processor Synlait is blaming what it calls "a perfect storm" of setbacks for a big loss in its half year result for the six months ended January 31, 2026.
More of the same please, says Federated Farmers dairy chair Karl Dean when asked about who should succeed Miles Hurrell as Fonterra chief executive.
A Waikato farmer who set up a 'tinder' for cows - using artificial intelligence to find the perfect bull for each cow - days the first-year results are better than expected.
Fonterra says it's keeping an eye on the Middle East crisis and its implications for global supply chains.
The closure of the McCain processing plant and the recent announcement of 300 job losses at Wattie’s underscore the mounting pressure facing New Zealand’s manufacturing sector, Buy NZ Made says.

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