Milk surge shields Pāmu from farmgate milk price drop

Pāmu chief executive Mark Leslie. (Image: supplied)

Mon, 01 Dec 2025

The country’s state-owned farmer is comfortable “at the moment” that its increased milk production will be enough to offset the drop in farmgate prices.That’s notwithstanding any dry conditions the summer might bring for the rest of the season.Pāmu, officially known as Landcorp, upped its profit guidance for the year to between $80 million and $90m last week, before its appearance before Parliament’s scrutiny week this week.The state-owned enterprise has faced criticism over its performance in recent years. St...

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