Go woke!
OPINION: The Hound reckons the powers at Landcorp (or as they/them like to call themselves, Pāmu) are coming under the microscope with the new government in place.
The Hound's ever growing list of ‘Landcorp fails’ keeps getting longer.
The latest is that the state owned farmer has announced a $10 million slump in its forecast earnings for the 2019 financial year. In typical form, the news was done in a sneaky way – in a notice on Treasury’s website.
It says Landcorp now expects full year earnings before interest, tax, depreciation and revaluations (EBITDAR) of between $27m and $32m versus the previous forecast range of between $37m and $42m for the year ending June 30.
This notice appeared about the time the failing state farmer’s chief executive Steven Carden was prancing about on stage in Taranaki with Hollywood director James Cameron, telling farmers how they should farm in the future in a trendy, carbon zero way.
Analysis by Dunedin-based Techion New Zealand shows the cost of undetected drench resistance in sheep has exploded to an estimated $98 million a year.
Shipping disruption caused by Houthi rebels in the Red Sea has so far not impacted fertiliser prices or supply on farm.
The opportunity to spend more time on farm while providing a dedicated service for shareholders attracted new environmental manager Ben Howden to work for Waimakariri Irrigation Limited (WIL).
Federated Farmers claims that the Otago Regional Council is charging ahead unnecessarily with piling more regulation on rural communities.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
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