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.
After examining more than 20,000 genes, a DairyNZ scientist has discovered why some cows are better at getting pregnant than others.
DairyNZ scientist Caroline Walker has discovered there are about 1500 genes affecting the uterus that are altered in pregnant cows.
The results of her research "Endometrial gene expression during early pregnancy differs between fertile and sub-fertile dairy cow strains" have been published in the international journal Physiological Genomics.
"This is ground-breaking research published in a highly-regarded international journal," says DairyNZ principal scientist - animals, John Roche.
"This gives us a greater understanding of the reasons for sub-fertility, and puts us in a better position to discover gene markers that will produce bulls that give greater fertility. It's essentially enabled us to narrow down what we're looking for."
The work, which Walker has been doing for the last three years as part of her PhD, involved looking at differences in the expression of key genes in the uterus in pregnant and non-pregnant cows.
She studied two different strains of cows – US Holsteins and NZ Holsteins. Work done by DairyNZ scientists over the last decade confirmed that US-type dairy cows were less likely to get pregnant in the New Zealand pasture-based system.
"We already knew that the New Zealand cow is better at establishing pregnancy. Conception rates are 50-60% for New Zealand cows, compared with approximately 40 per cent for US cows," says Roche.
"Caroline's work has shown us some of the reasons why – basically the New Zealand cow is better at establishing pregnancy, and now she's identified some of the genes which determine this. The next step is to look at epigenetic changes, which are things that happen to alter the expression of genes.
"It's extremely exciting work because understanding the underlying physiology has great implications for improving the fertility of the national herd."
The work is funded by dairy farmers through the DairyNZ levy, and also by the Ministry of Science and Innovation, and has been done in collaboration with the Liggins Institute at Auckland University.
A Palmerston North shearer has been sentenced to six months' community detention and 12 months' supervision after being found to have physically abused three lambs while shearing them.
Power Farming has launched a joint venture in Southland.
Food rescue charity Meet the Need has released its 2025/26 Impact Report, revealing a record year of growth alongside a stark warning: demand for food support across New Zealand is rising faster than supply can keep up.
As we move into the second half of 2026, the Tractor and Machinery Association (TAMA) reports that Year-to-Date figures ending June 30 saw new tractor deliveries hitting 1,386 units or 10.7% ahead of the same period in 2025.
The avocado sector is entering the new season with a larger crop and positive market opportunities.
New Zealand growers have always adapted to changing conditions, but one challenge is steadily gaining ground across the horticulture sector: resistance.

OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities…
OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in…