New Zealand state-owned farming company Pāmu recently faced significant financial challenges, reporting a $26 million full-year loss.
Chief Executive Mark Leslie attributes this to falling livestock prices, high interest rates, and the aftermath of Cyclone Gabrielle.
He discusses strategic shifts towards sustainable farming and emphasises the importance of integrating dairy and livestock operations to enhance efficiency and mitigate rising costs.
Leslie also highlights the role of government support in trialling new farming methods to combat climate change as well as the positive impact of organic farming conversions, which offer cost-efficiency and premium pricing.
Listen to the full chat between Mark Leslie and Dominic George above.
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