Ruralco slumps to second straight loss
Farmer co-operative Ruralco has slumped to its second straight financial loss.
The Hound reckons former agriculture minister and speaker of the House David Carter is heeding calls for him to get out of the political game.
Carter (and former Treaty Negotiations Minister Chris Finlayson) was one of the MPs mentioned as being past their use-by dates during the infamous taped phone call between National leader Simon Bridges and the very fecund and disgraced MP Jami-Lee Ross.
Your old mate understands that Carter is already preparing for life after Parliament, having put his hand up for the upcoming board elections for rural co-op Farmlands. Expect Carter to hand in his notice soon if he gets on the Farmlands board.
Federated Farmers president Wayne Langford says the 2025 Fieldays has been one of more positive he has attended.
A fundraiser dinner held in conjunction with Fieldays raised over $300,000 for the Rural Support Trust.
Recent results from its 2024 financial year has seen global farm machinery player John Deere record a significant slump in the profits of its agricultural division over the last year, with a 64% drop in the last quarter of the year, compared to that of 2023.
An agribusiness, helping to turn a long-standing animal welfare and waste issue into a high-value protein stream for the dairy and red meat sector, has picked up a top innovation award at Fieldays.
The Fieldays Innovation Award winners have been announced with Auckland’s Ruminant Biotech taking out the Prototype Award.
Following twelve years of litigation, a conclusion could be in sight of Waikato’s controversial Plan Change 1 (PC1).
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