Pāmu on track for record profit as farmgate prices rise, farm performance improves

Pāmu chief executive Mark Leslie. (Image: Supplied)

Thu, 19 Jun 2025

The country’s state-owned farming operation is likely to report a record profit as its performance is buoyed by increased farmgate returns and improved on-farm performance.Like all farming businesses, Landcorp, which trades as Pāmu, rides the waves of commodity prices across all of its farming systems, be that dairy, sheep, beef or horticulture.Having been subdued in recent years, farmgate prices have recovered with dairy, in particular, booming, potentially for two strong years, based on current forecasts.In its last financial year, Pāmu...

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