LandCorp

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2d
Otago Daily Times
Landcorp profit drops $25 million after dairy woesRecord low dairy prices have contributed to a more than $25 million profit plun
Landcorp profit drops $25 million after dairy woes
Otago Daily Times / Posted 2 days ago
Record low dairy prices have contributed to a more than $25 million profit plunge for New Zealand's largest corporate farming operation. Landcorp has posted a net operating profit of $4.9 million for the year to June, down 84% on last year's $30... Read more
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3d
NZCity
Landcorp profit cut as dairy prices fallThe sharp drop in global dairy prices has cut into Landcorp's profits, which ar
Landcorp profit cut as dairy prices fall
NZCity / Posted 3 days ago
The sharp drop in global dairy prices has cut into Landcorp's profits, which are down almost 85 per cent. The state-owned farmer has posted a net operating profit of $4.9 million for the year ended June 30, down from the $30m result the previous... Read more
4 related stories
3d
New Zealand's National Business Review
Landcorp posts 84% decline in annual profit; comfortable with debt levelsLandcorp Farming posted an 84% decline in annual profit as lower milk and lamb
Landcorp posts 84% decline in annual profit; comfortable with debt levels
New Zealand's National Business Review / Posted 3 days ago
Landcorp Farming posted an 84% decline in annual profit as lower milk and lamb prices crimp revenue. Net profit fell to $4.9 million in the 12 months ended June 30, from $30 million the year earlier, the Wellington-based state-owned company and New... Read more
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3d
Scoop.co.nz
Landcorp posts 2014/15 annual resultsThursday, 27 August 2015, 10:00 amPress Release: Landcorp August 27, 2015MEDIA
Landcorp posts 2014/15 annual results
Scoop.co.nz / Posted 3 days ago
Thursday, 27 August 2015, 10:00 amPress Release: Landcorp August 27, 2015MEDIA RELEASELandcorp has recorded a net operating profit of $4.9 million on revenue of $224.3 million... Read more
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3d
The New Zealand Herald
Landcorp profits plunge 84pcLandorp says its result is solid given the context of the wider slump in the ag
Landcorp profits plunge 84pc
The New Zealand Herald / Posted 3 days ago
Landorp says its result is solid given the context of the wider slump in the agricultural sector. Photo / Alan Gibson State-owned farmer Landcorp said its net profit fell by 84 per cent to $4.9 million in the year to June 30, due mostly due to lower... Read more
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9d
Otago Daily Times
Other options for LandcorpWhich makes it all the more difficult to understand why Finance Minister Bill E
Other options for Landcorp
Otago Daily Times / Posted 9 days ago
Which makes it all the more difficult to understand why Finance Minister Bill English has decided state-owned enterprises, particularly Landcorp, must maximise their capital under their control. Mr English will not rule out the state farming company... Read more
9d
New Zealand's National Business Review
Who needs Landcorp and its dairy conversions – economically shaky, environmentally disastrous and treaty breaching?Should Landcorp continue with its planned conversions in the central north isla
Who needs Landcorp and its dairy conversions – economically shaky, environmentally disastrous and treaty breaching?
New Zealand's National Business Review / Posted 9 days ago
Should Landcorp continue with its planned conversions in the central north island? Colossal Conversions Since the turn of the century, huge tracts of land in the central North Island have been converted to dairy farming. Most of this has been... Read more
9d
Scoop.co.nz
Power in Partnerships as New Substation Officially OpenedFriday 21 August 2015 – Unison Networks officially opened its new Te Toke Subst
Power in Partnerships as New Substation Officially Opened
Scoop.co.nz / Posted 9 days ago
Friday 21 August 2015 – Unison Networks officially opened its new Te Toke Substation in Taupo yesterday, stating the project showcased different parties working together for a common purpose.The construction of the substation, including stringing six... Read more
9d
New Zealand's National Business Review
MediaWorks’ awful year, How to solve Landcorp’s problem, Time for Fonterra to split?In NBR Print today: Almost exactly a year ago, ex-NZX boss Mark Weldon was appo
MediaWorks’ awful year, How to solve Landcorp’s problem, Time for Fonterra to split?
New Zealand's National Business Review / Posted 9 days ago
In NBR Print today: Almost exactly a year ago, ex-NZX boss Mark Weldon was appointed MediaWorks’ group chief executive. He was handed a company that had bootstrapped back into the black after being placed in receivership 12 months before. Mr Weldon... Read more
10d
Scoop.co.nz
August 20Questions and Answers - Thursday, 20 15, 4:47 pmPress Release: Office of the Cl
August 20
Scoop.co.nz / Posted 10 days ago
Questions and Answers - Thursday, 20 15, 4:47 pmPress Release: Office of the ClerkQuestions to MinistersSchools—Māori Boarding Schools1.MARAMA FOX (Co-Leader—Māori Party) to the Minister of Education : Does the Minister agree that... Read more
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10d
Scoop.co.nz
New leadership for MIEThursday, 20 August 2015, 7:49 amPress Release: Meat Industry ExcellenceChairma
New leadership for MIE
Scoop.co.nz / Posted 10 days ago
Thursday, 20 August 2015, 7:49 amPress Release: Meat Industry ExcellenceChairman of Meat Industry Excellence (MIE) John McCarthy has stepped down from the role to make way for new leadership of the... Read more
11d
The New Zealand Herald
Larry Williams: Labour in a lather on LandcorpLandcorp's Wakelins Riverfront Estates, Haruru Falls. Photo / Supplied The spi
Larry Williams: Labour in a lather on Landcorp
The New Zealand Herald / Posted 11 days ago
Landcorp's Wakelins Riverfront Estates, Haruru Falls. Photo / Supplied The spin on Landorp is that it's got burgeoning debt, the Government is not coming to the rescue, and they need sell some farms. Landcorp owns 158,000ha of farmland and manages... Read more
11d
Scoop.co.nz
August 19Questions and Answers - Wednesday, 19 August 2015, 6:51 pmPress Release: Office
August 19
Scoop.co.nz / Posted 11 days ago
Questions and Answers - Wednesday, 19 August 2015, 6:51 pmPress Release: Office of the ClerkQuestions to MinistersEconomy—Fiscal Strategy1.CHRIS BISHOP (National) to the Minister of Finance : How does the Government’s fiscal strategy support... Read more
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11d
Scoop.co.nz
Software company prepares for new Health & Safety regimeWednesday, 19 August 2015, 1:52 pmPress Release: CS-VUE Media statementCS-VUE G
Software company prepares for new Health & Safety regime
Scoop.co.nz / Posted 11 days ago
Wednesday, 19 August 2015, 1:52 pmPress Release: CS-VUE Media statementCS-VUE General Manager Wayne FisherWednesday, 19 August 2015 After... Read more
11d
The New Zealand Herald
The dairy sector is not in crisisAt the risk of getting another serve from Andrew Little or Winston Peters, I fe
The dairy sector is not in crisis
The New Zealand Herald / Posted 11 days ago
At the risk of getting another serve from Andrew Little or Winston Peters, I fear I may have some bad news for them. Bad news for them, good news for the rest of us. Once again, the subject is dairy. And, once again, I find myself relying on the... Read more
11d
The New Zealand Herald
Landcorp has better options to ride out stormBill English's pressure tactics also risk spooking the market. Photo / Mark Mit
Landcorp has better options to ride out storm
The New Zealand Herald / Posted 11 days ago
Bill English's pressure tactics also risk spooking the market. Photo / Mark Mitchell Landcorp should be lined up for a partial privatisation to inject new private capital into the company instead of selling off farm assets at the bottom of the dairy... Read more
11d
The New Zealand Herald
The dairy sector is not in crisisThe experts see a substantial improvement in dairy prices next year. Photo / fi
The dairy sector is not in crisis
The New Zealand Herald / Posted 11 days ago
The experts see a substantial improvement in dairy prices next year. Photo / file At the risk of getting another serve from Andrew Little or Winston Peters, I fear I may have some bad news for them. Bad news for them, good news for the rest of... Read more
12d
Scoop.co.nz
Landcorp Must not become the Next Solid EnergyTuesday, 18 August 2015, 5:47 pmPress Release: New Zealand First PartyNew Zeala
Landcorp Must not become the Next Solid Energy
Scoop.co.nz / Posted 12 days ago
Tuesday, 18 August 2015, 5:47 pmPress Release: New Zealand First PartyNew Zealand First is demanding answers with rumours swirling around the future of... Read more
12d
Scoop.co.nz
August 18Questions and Answers - Tuesday, 18 August 2015, 5:42 pmPress Release: Office o
August 18
Scoop.co.nz / Posted 12 days ago
Questions and Answers - Tuesday, 18 August 2015, 5:42 pmPress Release: Office of the ClerkQuestions to MinistersEconomy—DiversificationANDREW LITTLE (Leader of the Opposition): My question is to the Prime Minister—[Interruption] Mr SPEAKER :... Read more
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12d
Scoop.co.nz
Landcorp farms must stay in NZ handsThe Government must rule out mass sales of Landcorp’s 137 farms to overseas int
Landcorp farms must stay in NZ hands
Scoop.co.nz / Posted 12 days ago
The Government must rule out mass sales of Landcorp’s 137 farms to overseas interests, following suggestions that the state-owned farmer is under pressure from the falling dairy price, the Green Party said.“The Government needs to rule out sales of... Read more
12d
Scoop.co.nz
Landcorp sales will go to foreign investorsThe Government cannot let mismanagement of another State Owned Asset see large
Landcorp sales will go to foreign investors
Scoop.co.nz / Posted 12 days ago
The Government cannot let mismanagement of another State Owned Asset see large sales of productive farmland end up in foreign investors’ hands, Opposition leader Andrew Little says.“Just a week after Solid Energy went into voluntary administration... Read more
13d
NZCity
Landcorp in talks with ministers over debtThe board of state-owned farming operator Landcorp Farming is in talks with min
Landcorp in talks with ministers over debt
NZCity / Posted 13 days ago
The board of state-owned farming operator Landcorp Farming is in talks with ministers over its levels of debt, but isn't in as big a hole as failed coal-miner Solid Energy, according to Prime Minister John Key. The state-owned farmer faces growing... Read more
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13d
New Zealand's National Business Review
Landcorp board in talks with ministers over debt levels, PM Key saysThe board of state-owned farming operator Landcorp Farming is in active discuss
Landcorp board in talks with ministers over debt levels, PM Key says
New Zealand's National Business Review / Posted 13 days ago
The board of state-owned farming operator Landcorp Farming is in active discussions with ministers over its levels of debt, but isn't in as big a hole as failed coal-miner Solid Energy, according to Prime Minister John Key. The Wellington-based... Read more
2 related stories
13d
New Zealand's National Business Review
Why do we have a state owned diary farmer?Labour’s primary industries spokesman Damien O’Connor said the Government was “
Why do we have a state owned diary farmer?
New Zealand's National Business Review / Posted 13 days ago
Labour’s primary industries spokesman Damien O’Connor said the Government was “asleep at the wheel” over Solid Energy, and could not afford to ignore the warning signs over state-owned Landcorp’s “incredibly ambitious” dairy farm conversion. “While... Read more
13d
Scoop.co.nz
Government needs to get its story straight on LandcorpMonday, 17 August 2015, 10:08 amPress Release: Green Party 17 August 2015Prime
Government needs to get its story straight on Landcorp
Scoop.co.nz / Posted 13 days ago
Monday, 17 August 2015, 10:08 amPress Release: Green Party 17 August 2015Prime Minister John Key and Finance Minister Bill English need to get... Read more
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14d
NZCity
Landcorp says dairy venture is long-termLandcorp Farming is rejecting a suggestion by Finance Minister Bill English tha
Landcorp says dairy venture is long-term
NZCity / Posted 14 days ago
Landcorp Farming is rejecting a suggestion by Finance Minister Bill English that low dairy prices may prompt the state-owned farmer to scale back dairy farm conversions. Mr English told TV3's The Nation programme on Saturday that Landcorp is having... Read more
14d
New Zealand's National Business Review
Landcorp rejects suggestion low dairy prices will prompt Wairakei reviewLandcorp Farming has rejected a suggestion by finance minister Bill English tha
Landcorp rejects suggestion low dairy prices will prompt Wairakei review
New Zealand's National Business Review / Posted 14 days ago
Landcorp Farming has rejected a suggestion by finance minister Bill English that low dairy prices could prompt the state-owned farmer to scale back its dairy conversion on the 26,000 hectare Wairakei Estate north of Taupo, which is forecast to become... Read more
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14d
New Zealand's National Business Review
Landcorp's massive dairy conversion under reviewOwen: Okay, well, while we’re talking about China, do you think that their offi
Landcorp's massive dairy conversion under review
New Zealand's National Business Review / Posted 14 days ago
Owen: Okay, well, while we’re talking about China, do you think that their official statistics paint a true picture of what is really going on there? English: Well, look, it’s the Chinese government’s statistics, so we take them at face value. If you... Read more
15d
Scoop.co.nz
Govt must turn concern over dairy conversions into actionSaturday, 15 August 2015, 12:42 pmPress Release: Green PartyGovt must turn its
Govt must turn concern over dairy conversions into action
Scoop.co.nz / Posted 15 days ago
Saturday, 15 August 2015, 12:42 pmPress Release: Green PartyGovt must turn its new concern over dairy conversions into action to stop themThe Government must immediately introduce a moratorium... Read more
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15d
Scoop.co.nz
Govt must learn Solid Energy lessons in Landcorp reviewSaturday, 15 August 2015, 1:07 pmPress Release: New Zealand Labour PartyNationa
Govt must learn Solid Energy lessons in Landcorp review
Scoop.co.nz / Posted 15 days ago
Saturday, 15 August 2015, 1:07 pmPress Release: New Zealand Labour PartyNational must learn the lessons from Solid Energy’s final collapse... Read more
2 related stories
15d
Scoop.co.nz
Lisa Owen interviews Finance Minister Bill EnglishSaturday, 15 August 2015, 12:54 pmPress Release: The NationReveals Government i
Lisa Owen interviews Finance Minister Bill English
Scoop.co.nz / Posted 15 days ago
Saturday, 15 August 2015, 12:54 pmPress Release: The NationReveals Government is “digging into” state-owned Landcorp’s 25,000 ha dairy conversion in... Read more
15d
NZCity
Govt exposure to dairying reviewedState-owned farm manager Landcorp is having a "good hard look" at a massive dai
Govt exposure to dairying reviewed
NZCity / Posted 15 days ago
State-owned farm manager Landcorp is having a "good hard look" at a massive dairy conversion project it's involved with in the wake of a plunge in dairy prices. Finance Minister Bill English says the project was put in place from 2005 and "the world... Read more
16d
The New Zealand Herald
Banks' backing vital for farmersLow milk prices are a challenge for borrowers and lenders alike, but forced sal
Banks' backing vital for farmers
The New Zealand Herald / Posted 16 days ago
Low milk prices are a challenge for borrowers and lenders alike, but forced sales won’t help. It is the nature of banks to be fair-weather friends. But in light of the stress the dairy industry is under right now, they really do need to take the... Read more
17d
The New Zealand Herald
Mike Hosking: Misery peddlers are milking a crisisYes, these are tough times for dairy farmers but we should trust those with the
Mike Hosking: Misery peddlers are milking a crisis
The New Zealand Herald / Posted 17 days ago
Yes, these are tough times for dairy farmers but we should trust those with the industry's interests at heart. This will be a tough season for dairy farmers. Photo / Mark Mitchell My plea this morning is that we give our dairy farmers a break, that... Read more
19d
Adelaide Now
footy player back home in businessFORMER Adelaide Football Club and St Kilda player James Begley has moved back t
footy player back home in business
Adelaide Now / Posted 19 days ago
FORMER Adelaide Football Club and St Kilda player James Begley has moved back to Adelaide in his new avatar as a corporate leadership driver. After four years of building a leadership program at the Fremantle Football Club and growing his Tract... Read more
20d
The New Zealand Herald
Fonterra overshoot on advance payment worsens farmer cash flowsFonterra has offered interest-free loans to help farmers through the downturn a
Fonterra overshoot on advance payment worsens farmer cash flows
The New Zealand Herald / Posted 20 days ago
Fonterra has offered interest-free loans to help farmers through the downturn after the world's biggest dairy exporter cut its forecast payout to farmers to $3.85 per kilogram. Photo / Alan Gibson. Milk prices have dropped so dramatically that... Read more
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20d
New Zealand's National Business Review
Fonterra overshoot on 2015 advance payment worsens 2016 farmer cash flowsMilk prices have dropped so dramatically that Fonterra Cooperative Group [NZX:
Fonterra overshoot on 2015 advance payment worsens 2016 farmer cash flows
New Zealand's National Business Review / Posted 20 days ago
Milk prices have dropped so dramatically that Fonterra Cooperative Group [NZX: FCG] effectively overpaid farmers under an advance payments scheme last year, sapping funds available to pay out farmers at the end of the season and leaving them short of... Read more
2 related stories
23d
NZCity
Fluctuations show dairy model 'flawed'A $4.55 swing in the forecast milk price paid to farmers over two seasons shows
Fluctuations show dairy model 'flawed'
NZCity / Posted 23 days ago
A $4.55 swing in the forecast milk price paid to farmers over two seasons shows there's something wrong with New Zealand's dairy model, which is centred around farmer-owned Fonterra and it needs to change, says Landcorp Farming chief executive Steve... Read more
50 related stories
23d
The New Zealand Herald
Dairy model 'broken': Landcorp bossFonterra has announced Fonterra Co-operative Support will add an additional 50
Dairy model 'broken': Landcorp boss
The New Zealand Herald / Posted 23 days ago
Fonterra has announced Fonterra Co-operative Support will add an additional 50 cents per shared-up kilogram of milksolids to support farmers this season. Photograph by Alan Gibson. A $4.55 swing in the forecast milk price paid to farmers over two... Read more
50 related stories
23d
New Zealand's National Business Review
Massive fluctations in milk price show NZ's dairy model 'flawed,' Landcorp boss Carden saysA $4.55 swing in the forecast milk price paid to farmers over two seasons shows
Massive fluctations in milk price show NZ's dairy model 'flawed,' Landcorp boss Carden says
New Zealand's National Business Review / Posted 23 days ago
A $4.55 swing in the forecast milk price paid to farmers over two seasons shows there's something wrong with New Zealand's dairy model, which is centred on farmer-owned Fonterra Cooperative Group [NZX: FCG], and it needs to change, says Landcorp... Read more
50 related stories
27d
Otago Daily Times
Farmer convicted over animal crueltyWarning: Graphic Content. A former Westport dairy manager who shot a cow in th
Farmer convicted over animal cruelty
Otago Daily Times / Posted 27 days ago
Warning: Graphic Content. A former Westport dairy manager who shot a cow in the leg and dumped another live cow in an offal pit after breaking the tails of hundreds of others, was convicted in the Greymouth District Court today on a raft of charges... Read more
27d
The New Zealand Herald
Dairy manager convicted over breaking cows' tailsThe dairy unit manager broke the tails of 152 cows and 57 heifers. Photo / Gett
Dairy manager convicted over breaking cows' tails
The New Zealand Herald / Posted 27 days ago
The dairy unit manager broke the tails of 152 cows and 57 heifers. Photo / Getty Images A former Westport dairy manager who shot a cow in the leg and dumped another live cow in an offal pit after breaking the tails of hundreds of others, was... Read more

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