$150B farm succession challenge looms for NZ agriculture
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Andy Borland is the new chair of Rabobank New Zealand Limited.
Click here to read Rabobank's latest report on international dairy markets: Dairy’s corona hangover.
He succeeds Sir Henry van der Heyden, who stood down from the board due to regulatory changes.
Borland has been a Rabobank New Zealand director since 2016 and is the managing director of agribusiness company Scales Group.
In other changes to Rabobank NZ board, Brent Goldsack has been appointed as a new, independent director, with current directors Jillian Segal and Peter Knoblanche leave the board.
All these changes take effect on April 1, 2020.
Fonterra has unveiled the first refrigerated electric truck to deliver dairy products across Auckland.
Research and healthcare initiatives, leadership and dedication to the sector have been recognised in the 2025 Horticulture Industry Awards.
Virtual fencing and pasture management company Halter says its NZ operations has delivered a profit of $2.8 million after exclusion of notional items.
Manuka honey trader Comvita slumped to a $104 million net loss last financial year, reflecting prolonged market disruption, oversupply and pricing volatility.
The Government has struck a deal with New Zealand's poultry industry, agreeing how they will jointly prepare for and respond to exotic poultry diseases, including any possible outbreak of high pathogenicity avian influenza (HPAI).
The conversion of productive farmland into trees has pretty much annihilated the wool industry.