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Ravensdown Surges Back with $30M Profit | Auckland News
Ravensdown’s fertilizer co-op is roaring back with a $30 million profit after tax — a stunning rebound from last year’s $5.4 million loss — thanks to strong demand, smarter sourcing, and a sweet comeback for farmers: $15 per tonne rebates on qualifying purchases. Despite global chaos — from Middle East supply disruptions to soaring nitrogen prices — Ravensdown’s strategic pivot to suppliers like Brunei and China, plus local production boosts, keeps them on track to meet spring demand. Sheep and beef farmers are driving the recovery, and shareholders are being rewarded for sticking through the…
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