Pāmu FY26 Report: Profit More Than Doubles to $113m
Pāmu has released its FY26 Integrated Annual Report, reporting a Net Operating Profit of $113 million, more than double the $49 million recorded in FY25.
The Hound reckons the old adage ‘would you buy a used car off this man?’ should be applied when dealing with spin doctors and the companies they are promoting.
Your old mate’s ears pricked up after seeing a number of press releases issued – on behalf of Landcorp and NZ Merino – by one John Mitchell from Blackland PR. However, this John Mitchell is not the former “we are on a journey” All Black Coach; this character’s career path is even more ‘interesting’.
Prior to joining a Wellington dark arts firm, Mitchell was the chief spin doctor for discharged bankrupt property developer, self-proclaimed business guru and former Wellington Phoenix owner Terry Serepisios. He was also the paid mouthpiece for the Internet Party – the baby of dodgy internet balloon Kim Dotcom.
Three men have been sentenced in District Courts after Ministry for Primary Industries prosecutions over animal welfare, food safety and cattle tracing offences.
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
OPINION: The Government's decision to reinstate agriculture and horticultural science as a standalone subject from Year 11 is the right one.
Dairy farmers, still holding onto their Fonterra shares despite switching milk supply elsewhere or exiting the industry, now face a stricter share sell-down requirement.
Hamilton-based agritech company Aimer Farming has completed a $3 million capital raise to support its next stage of growth, including a beef farming product due to launch in 2027.
When dairy manager Miriam Lauridsen learned the farm, she was joining held weekly health and safety meetings, she initially thought that was “a bit over the top”. Experiencing that culture changed her mind.

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…