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.
A Te Karaka student has been awarded the Mangatu Blocks and Ravensdown Scholarship, providing three years study at Auckland University.
Roland Taupara Brown completed his secondary schooling at Gisborne Boys High School where in his final year he was named Dux for 2014.
Brown says the scholarship provides him with a unique opportunity to focus on his studies in science and commerce at Auckland University. His Bachelor of Science degree will focus on green chemistry and his Bachelor of Commerce will provide the business disciplines to ensure a balance between environmental and commercial considerations.
“Looking ahead, it’s obvious that we need more efficient and eco-friendly technologies to protect the environment and maintain our competitiveness,” he says.
“Specialist and qualified people who are able to use their knowledge and ingenuity to solve the problems are an essential part of our future. I aim to be one of those people.”
Brown has family connections with the Mangatu Blocks Incorporation, his father Tama is on the committee, his grandfather Michael was the farm supervisor during the 1970s and 1980s and his great grandfather, George was a farm manager for many years.
Brown says he looks forward to contributing to the incorporation in the future.
Mangatu Blocks Incorporation manages ancestral lands inland and to the north of Gisborne and has interests in the agribusiness, viticulture and forestry sectors.
The Mangatu Blocks Incorporation and Ravensdown university scholarship was established in 2012 for Mangatu Blocks shareholders, their children or their grandchildren, to support undergraduate study in an agricultural/ horticultural or related undergraduate degree.
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.

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