Wool Market Insights: Strong start and key events ahead
Rachel Shearer, General Manager for Wool at PGG Wrightson, recently spoke with Rowena Duncum from The Country, offering valuable insights into the latest developments in the wool market and upcoming industry events. Rachel shared her experience attending the first weighted fine wool auction of the...
Final Five in the Young Horticulturist of the Year 2024 Competition
The stakes are high for the five finalists in the Young Horticulturist of the Year awards, who met last week for an orientation day in the lead-up to the finals. The competition aims to encourage young people in horticulture to develop their skills and knowledge further and build connections with...
Entries Open for Ahuwhenua Trophy 2025 – Sheep and Beef
“Whaia te iti kahurangi ki te tūohu koe me he maunga teitei.” Aim for the highest cloud so that if you miss it, you will hit a lofty mountain. Entries are now open to the Ahuwhenua Trophy Award for 2025, with the focus on sheep and beef farmers this year. PGW has been a proud sponsor of the...
Property report: OCR cut ‘massive’ for rural real estate industry
News that Reserve Bank Governor Adrian Orr had lowered New Zealand’s official cash rate (OCR) by 25 basis points on Wednesday has been met with relief by the wider primary sector. For the rural real estate industry, the tangible promise of respite from high interest rates is “long overdue,”...
PGW Reports on Challenging Year
13 AUGUST 2024 GROUP PERFORMANCE PGG Wrightson Limited 1 (PGW) today announced its results for the financial year ended 30 June 2024. Key results for the year to 30 June 2024 include: ➢ Operating EBITDA 2 of $44.2 million (down $17.0 million on prior financial year) ➢ Net profit after tax (NPAT) of...
Livestock report: Shortage of cattle and sheep affecting prices
A shortage of livestock is resulting in great prices at the Temuka store cattle sales, according to PGG Wrightson’s Mid/South Canterbury Livestock Manager, Joe Higgins. Higgins reckoned it wasn’t just a local phenomenon either. “[High prices are] due to a general shortage we’ve got of all forms of...
Velveting hinds in demand online
Early August Southland sales meet nationwide market and achieve full clearances, though indicate buyers are watching the dollars. Two recent online sales of Southland velveting hinds showed the market has a reasonable appetite and is responding well to new sires. On the outskirts of Riversdale...
Staff Profile - Luke Thompson: Taking a giant leap
Upper South Island Deer Specialist Luke Thompson brings some interesting experiences to his new role, which is a big departure for him. From anchoring the scrum for Japan to buying and selling stock for South Island deer farmers is a giant leap. Luke and Nerissa Thompson went to Japan in 2004. Luke...
Demand exceeds supply as markets respond to mild winter
Farmers capitalising on surplus winter feed strengthens prime and store cattle market while values for fat lambs also increase. On the back of mild winter conditions in most regions, many farmers are finding they need a few more stock to make the most of surplus grass and winter crop. A shortage of...
North Canterbury Farmer Dave Long Benefits from Go-Stock
North Canterbury sheep and beef farmer Dave Long has embraced Go-Stock, utilising the PGG Wrightson cashflow tool for several years with great success. North Canterbury sheep and beef farmer Dave Long has embraced Go-Stock, utilising the PGG Wrightson cashflow tool for several years with great...
Shortage putting dairy cows at a premium
Farmers seek in-calf and in-milk dairy cows and heifers in response to improved feed situation and projected upturn dairy demand. As dairy farmers contemplate improved returns, particularly with plenty of early growth in the paddock, a shortfall has arisen in in-calf and in-milk dairy cows and...
bidr features strongly at Te Awamutu clearing sale
Second-hand machinery draws strong response, with 250 in person, plus 160 online from throughout the country. A mid-July clearing sale for a local agricultural contractor attracted a large gallery to the Te Awamutu saleyards, alongside purchasers from throughout the country in attendance online via...
Market insights: A promising start to the wool season
In a recent interview with Rowena Duncum from The Country, Rachel Shearer, General Manager for Wool at PGG Wrightson, provided an optimistic update on the current wool market. Strong Start in the North Island: Rachel reported that the wool season has begun robustly, with three recent sales in the...
Top 100 LandMarks Photo Collection Entries Announced
We’re excited to announce our top 100 finalists for the LandMarks Photo Collection 2024. This year we had more than 2000 entries, which is the highest number in the last 10 years of the competition. A celebration of rural life shines through every photo, which is a testament to the skill of all...
Farm 2 Future Camp Visits PGG Wrightson
Earlier this month, the Farm 2 Future Camp visited PGG Wrightson during their Christchurch trip, with 24 Year 12 students from 20 high schools across New Zealand gaining a deep-dive into a career in agribusiness. Sponsored by Rabobank, Farm 2 Future was run by Lincoln University and is a great...
Safer Rides Save Lives
Alongside Farm Without Harm by Safer Farms, Rabobank, ANZCO, LIC and Craigmore, we’re supporting the Safer Rides campaign, encouraging farmers to install crush protection devices (CPDs) on their quad bikes. CPDs make quad bikes safer in the event of a rollover by spreading the weight of the bike and...
Livestock report: Cattle shortage leads to great prices at Taranaki sales
Things are “going real good” in Taranaki, with impressive prices at the cattle sales and a great start to winter, says PGG Wrightson’s livestock manager/auctioneer for the region, Andrew Gibson. “The days are beautiful, the mornings are cold, the grass is still growing; no one’s made any mud,” he...
$42 million in 42 years - how PGW and IHC New Zealand have supported rural communities around the country
Pictured (from left to right): Stephen Guerin, CEO PGG Wrightson, and Jamie Mackay, Brand Ambassador for IHC NZ. 2024 marks 42 years of PGG Wrightson’s support of the IHC Calf & Rural Scheme, and it’s an incredible representation of the collective power of the New Zealand rural community - working...