Whangaroa Ngaiotonga Trust and Tawapata South Māori Incorporation Onenui Station have been announced finalists for this year's Ahuwhenua Trophy, which recognises excellence in Māori sheep and beef farming.

Whangaroa Ngaiotonga Trust, an Ahu Whenua Trust in northern Whangaruru, Northland, manages the Ngaiotonga A3 Block, covering 1,098 hectares, on behalf of its 1,284 owners.

Tawapata South Māori Incorporation Onenui Station, located at the northern tip of Māhia Peninsula in Hawke's Bay, spans 3,300 hectares, with 1,700 hectares in effective use.

In 2017, the incorporation partnered with Rocket Lab, New Zealand's first and only commercial space launch company.

Mr Potaka, of the Mōkai Pātea, Whanganui, Taranaki iwi, said the award recognises both farming expertise and the broader role of Māori farming entities in regional communities and environmental stewardship.

"Māori agribusiness provides employment and vital reinvestment back into marae, papakāinga, kura and education scholarships," he said.

"The prosperity and wellbeing farming generates for iwi and Māori across the motu has far-reaching impacts.

"I tautoko the outstanding work these finalists are doing."

Agriculture Minister Todd McClay described the Ahuwhenua Trophy as a significant award that highlights the contribution of Māori sheep and beef farmers to New Zealand's economy.

"This year's finalists exemplify excellence in agribusiness, driving growth in our food and fibre sector while creating jobs in rural communities," he said.

"Māori agribusiness remains a key part of our rural economy, with sheep and beef operations alone employing over 10,000 Māori across the value chain."

Each finalist will host a field day to showcase their operations, with a second round of judging to follow.

The winner will be announced on June 6 in Palmerston North.