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OPINION: Landcorp is putting a brave face on its latest result, highlighting its progress on KPIs like climate change and gender pay gaps.
Your old mate was more interested in how much they added to the Crown accounts.
As Landcorp says in its 2024 report, it manages "nearly 360,000ha over 112 farms across the motu".
That's a $2 billion asset base, on which Landcorp returned a $20m net operating profit (NOP).
However, times have been tough, with falling product prices hitting revenue and earnings, and they made a $26m net loss after tax.
For comparisons sake, that's 39% lower than the $33m NOP of the prior year, where they lost a mere $9m after tax - on a $2b asset base.
Surely, that's the KPI that's going to matter most to a cash-strapped government?
State farmer Pāmu (Landcorp) has announced it will pay a $10 million special dividend to the Crown off the back of a strong outlook for the business and a capital repayment of $9.5 million following Fonterra's consumer business sale.
William John Poole, a third year Agribusiness student at Massey University, has been awarded the Dr Warren Parker and Pāmu Scholarship.
State farmer Pāmu (Landcorp) has announced Dave Nuku is its new Associate Director, joining the board as an observer from 1 March 2026.
State farmer Landcorp, trading as Pamu, is a forecasting a full-year net profit of around $100 million.
Pāmu has welcomed ten new apprentices into its 2026 intake, marking the second year of a scheme designed to equip the next generation of farmers with the skills, knowledge, and experience needed for a thriving career in agriculture.
Tickets have officially gone on sale for Fieldays 2026, marking less than 50 days until the event.
A recent Beef + Lamb New Zealand ‘Farming for Profit’ field day drew about 100 people keen to hear about the policies that drove performance at Erewhon Station, located on the Taihape to Napier Road.
The New Zealand International Business Forum (NZIBF) has welcomed the Labour Party's support for the New Zealand-India Free Trade Agreement.
Wallaby control efforts in Canterbury have received a major boost, with Canterbury Regional Council releasing $2 million from its Pest Management Reserve.
Finding and supporting ‘champion farmers’ – or top-quality farmers - is one of best ways of getting other farmers to take the appropriate measures to mitigate environmental issues, according to a leading Irish scientist Dr Mary Ryan.
Zespri has unveiled Grown for Good, a refreshed global brand platform, in an effort to reinforce the company's commitment to nutrition and creating value across the kiwifruit industry.
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