Famers increasingly using PGG Wrightson stock procurement tool to ease cashflow

PGG Wrightson Livestock launched Go-Stock in December 2016. Six years later Go-Stock recently reached two significant milestones: the two millionth lamb purchased on a Go-Lamb contract, and the 300,000th cattle beast procured through Go-Beef by PGG Wrightson.

One of many farming enterprises that has benefited from Go-Stock is Pouarua Farm Ltd Partnership, which farms 2200 hectares near Ngatea on the Hauraki Plains, running predominately dairy, alongside drystock, cropping and horticulture. Jenna Smith, CEO of Pouarua Farms says Go-Stock is an important part of the business, which they have used for stock acquisitions over the past few years.

“Go-Stock enables us to free up capital for development and other uses on-farm. It’s an operational tool: on a case by case basis, when the need arises we use Go-Stock. It is a fantastic way to free up capital.

“We would recommend other farmers consider using Go-Stock for ongoing development needs. It enables you to attend to all the items on your ‘to do’ list,” she says.

Go-Stock is growing, helping sheep and beef farmers, plus dairy and deer farmers, assisting with cashflow management, enabling them to invest in other areas of their business, and take advantage of more opportunities.

Developed exclusively for PGG Wrightson customers, under Go-Stock PGG Wrightson purchases and owns the livestock, which the farmer will graze. When it comes time to sell, PGG Wrightson will pay the farmer the trading margin, less Go-Stock fees and selling costs. 

For more information on Go-Stock, contact the PGG Wrightson Livestock team, or see https://www.pggwrightson.co.nz/our-services/livestock/go-stock