Great to read that our farmers are in good heart this summer! Obviously good for PGW too.
https://farmersweekly.co.nz/section/...s-feed-surplus
"Warm temperatures and frequent summer rain have led to a bumper season for summer feed crops and pasture covers for livestock farmers in most regions up and down the country.
It’s been a remarkable turnaround compared to 12 months ago, where severe drought had written off feed crops and farmers around the North Island were burning through their feed reserves to keep their stock healthy."
Not surprising that PGW's sp has powered on to another post-capital-repayment high.