Ravensdown Returns to Profit, Approves $15/Tonne Shareholder Rebate
Ravensdown has reported a net profit before tax and rebate of $50.1 million for the year ended 31 May 2026.
Ruralco CEO Tony Aitken presents the $10,000 check to Mid Canterbury Rural Support Trust representatives Frances Beeston and Duncan Barr.
Ruralco has donated $10,000 to the Mid Canterbury Rural Support Trust following a recent fundraising golf tournament.
The Ruralco Gold Classic at the Tinwald Golf Course, attended by over 100 players, was backed by attendees and sponsors, with all proceeds from player entries, on-course challenges, and raffles going to the Trust.
These funds will help the Trust continue its important work providing free, confidential support and wellbeing services to farmers and rural communities across Mid Canterbury.
Ruralco CEO, Tony Aitken says the success of the Golf Classic reflects the co-op's ongoing commitment to Canterbury, strengthening community ties and backing local initiatives.
"We are incredibly grateful to everyone who took part, whether by playing, sponsoring, or donating. This event was about more than just a round of golf, it was a show of solidarity and support for the people at the heart of our rural community. We are especially proud that the funds raised will stay local and directly assist Mid Canterbury farmers and their families."
Blueberries have the potential to become a major horticultural export, earning up to $150 million within the next three to five years.
Twenty five secondary school students from around New Zealand recently completed a three day residential programme designed to explore career opportunities across the food and fibre production supply chain.
Conversions of sheep and beef farms to forestry have slowed, however new research from Beef + Lamb New Zealand (B+LNZ) suggests land of value for food production remains at risk.
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