Young Farmers Step Closer to Ownership Through Pāmu Livestock Model
State farmer Pāmu says a programme it's running to help skilled operators into farm ownership is paying dividends.
According to chief executive Mark Leslie, Annabel Davies is joining Pāmu to help with its "ambitious environmental programme... to meet the challenges of a changing climate, and societal and shareholder expectations of us in these vital areas for our company and our country".
Pāmu's ongoing wokeness journey - rather than just farming - is highlighted in its latest annual returns.
Its net 'profit' of $59 million (up from $29m in 2021) looks heavily inflated due to a $18m book value gain from historical revaluation losses on land and buildings, as well as a $20m fair value gain on biological assets.
