Landcorp Farming Limited ("Landcorp") is a state-owned enterprise of the New Zealand government. Its brand name is Pāmu, the Te Reo Māori word 'to farm'. Its core business is

pastoral farming Pastoral farming (also known in some regions as ranching, livestock farming or grazing) is aimed at producing livestock, rather than growing crops. Examples include dairy farming, raising beef cattle, and raising sheep for wool. In contrast ...

including dairy,

sheep Sheep or domestic sheep (''Ovis aries'') are domesticated, ruminant mammals typically kept as livestock. Although the term ''sheep'' can apply to other species in the genus '' Ovis'', in everyday usage it almost always refers to domesticated ...

beef Beef is the culinary name for meat from cattle (''Bos taurus''). In prehistoric times, humankind hunted aurochs and later domesticated them. Since that time, numerous breeds of cattle have been bred specifically for the quality or quantit ...

and

deer Deer or true deer are hoofed ruminant mammals forming the family Cervidae. The two main groups of deer are the Cervinae, including the muntjac, the elk (wapiti), the red deer, and the fallow deer; and the Capreolinae, including the re ...

, as well as a Foods business marketing milk and meat products globally under the Pāmu brand and as a supplier to other food processors. Pāmu manages 117 properties carrying over 1 million stock units on 3366,3426 hectares of property under management.

History

Landcorp was incorporated as a State-owned Enterprise on 1 April 1987 to assume the commercial farming and property activities of the former

Department of Lands and Survey The Department of Lands and Survey was a former government department in New Zealand that managed the administration of Crown land and its survey and mapping requirements. History Establishment The department was established in 1876 with the appo ...

. It operates under the State Owned Enterprises Act 1986.State Owned Enterprises Act
Legislation.govt.nz (1 May 2011). Retrieved 19 August 2011. Landcorp is New Zealand's largest farmer, with over $1.7 billion in total assets. It farms 117 beef, dairy, deer and sheep farms - 84 are owned directly by the company and the others are farmed on behalf of the Crown or private interests. It also owns Focus Genetics, an animal genetics company, and has a 50% investment in Spring Sheep Milk; as well as investments in FarmIQ and Melody Dairies. The company has won a food innovation award for its ground breaking deer milk innovation, and was ranked in the top 10 innovative companies in Australasia in the agriculture category in the 2019 AFR Innovation Awards. Landcorp employees about 700 permanent staff and up to an additional 300 staff during busy periods. It farms about 440000 Sheep, 80000 beef cattle, 74000 dairy cows and 89000 deer. The company has over 9400 hectares in plantation forestry.

Services

Landcorp has three main subsidiary companies: * Landcorp Pastoral Limited holds the investments in Focus Genetics and Spring Sheep * Landcorp Estates Limited works with joint venture partners to develop land. * Landcorp Holdings Limited holds selected properties under an agreement with the Crown, with these properties deemed "sensitive" in relation to public policy issues. The properties cannot be sold by Landcorp and continue to be farmed until required by the Crown, principally for Treaty of Waitangi settlements.

References

{{authority control Agriculture in New Zealand Government-owned companies of New Zealand