Parekarangi Trust

2008 Dairy Finalists

Parekarangi Trust

The Parekarangi Trust farms 665 hectares of land about 10 kilometers south of Rotorua, this includes a 255 hectare dairy unit, a 410 hectare dry stock unit and some commercial land 10 hectares of which is to be leased to the Department of Child Youth and Family for a Youth Justice Residential Centre. The farm winters 800 cows, 780 of them for peak milking.

The Judges were "hugely impressed" with the very close ties the Trust has with its shareholders. They said the farm was an attractive dairy property of good scale with adjoining support land under a very sound management regime. It had excellent overall financial management, planning, budgeting, monitoring and analysis.