Rural round-up

Food and beverage stars for NZ to hitch its wagon to – report – sticK:

There’s not that many reports you can sit down and study and go – uumm, interesting.

But Auckland-based Coriolis has done it (again), and their ‘Investors guide to emerging growth opportunities in NZ food and beverage exports’ is, and I don’t say this lightly, quite fascinating.

The company has deliberately taken its methodology and report-back from a (potential) investor’s point of view.

The simple objective was to find the next ‘wine’ – such as that fledgling industry existed 25 years ago.
Over 500 food & beverage items, based on export trade codes, were screened down to 25 candidates for stage II in-depth investigation. . . .

Strong Finish To Spring Selling Season:

Summary

Farm sales increase 9.8 per cent compared to October
Median $/ha price rose 11.9 percent compared to November 2011
After noticeable period of absence first farm buyers active in Waikato and Taranaki
Lifestyle property sales lift 24% compared to November 2011

Data released today by the Real Estate Institute of NZ (“REINZ”) shows there were 25 more farm sales (+9.8%) for the three months ended November 2012 than for the three months ended October 2012. Overall, there were 281 farm sales in the three months to end of November 2012, compared with 315 farm sales in the three months to November 2011, a decrease of 34 sales (-10.8%). 1,417 farms were sold in the year to November 2012, 23.4% more than were sold in the year to November 2011. . .

Cheese first made at least 7,500 years ago – Maria Cheng:

Little Miss Muffet could have been separating her curds and whey 7,500 years ago, according to a new study that finds the earliest solid evidence of cheese-making.

Scientists performed a chemical analysis on fragments from 34 pottery sieves discovered in Poland to determine their purpose. Until now, experts weren’t sure whether such sieves were used to make cheese, beer or honey.

Though there is no definitive test for cheese, Richard Evershed at the University of Bristol and colleagues found large amounts of fatty milk residue on the pottery shards compared to cooking or storage pots from the same sites. That suggests the sieves were specifically used to separate fat-rich curds from liquid whey in soured milk in a crude cheese-making process. . .

Debt is good under some circumstances – Allan Barber:

After my column last week about meat industry debt levels, Keith Cooper, CEO of Silver Fern Farms, took me to task for incorrectly reporting the situation with Silver Fern Farms’ debt facility.

I stated that these expired in September 2012 and therefore the company was operating on a temporary extension. The correct position was that the debt facility was originally negotiated for two years from September 2010 and consequently due to expire in September 2012. This remained the position at balance date in September 2011. However in the 2012 annual report, the facility was stated as expiring on 31 December 2012. . . .

Farmgate raw milk sales to continue:

Farm gate sales of raw milk will continue and the amount that can be purchased is likely to increase, Food Safety Minister Kate Wilkinson said today.

Farmers will also be exempt from the current requirement to have a costly Risk Management Programme for farm gate sales of raw milk and will instead need to adhere to certain animal health and hygiene requirements.

“The current Food Act allows people to buy only up to five litres of raw milk at the farm gate to drink themselves or give to their family,” Ms Wilkinson says.

Consultation carried out by the Ministry for Primary Industries (MPI) on possible changes to rules for raw drinking milk sales attracted nearly 1700 submissions. . .

ANZCO embarks on group-wide energy management programme:

One of New Zealand’s largest exporters is set to save more than $2 million a year and enhance its global reputation as a sustainable producer through a company-wide energy management programme.

EECA Business today announced it would support the initiative over two years to help ANZCO generate long-term energy savings in its New Zealand plants.

With annual sales of NZ $1.25 billion, ANZCO Foods Ltd processes and markets New Zealand beef and lamb products around the world. The firm employs over 3,000 staff world-wide and has 11 meat processing plants in New Zealand. . .

Feedback sought about regulation of dairy herd improvement

The Ministry for Primary Industries (MPI) is looking for feedback on the rules surrounding the New Zealand dairy herd improvement industry.

The New Zealand dairy industry has been a world leader in herd improvement, and its ability to trace the performance of the national herd – through the dairy core database – has been central to that success.

Studies have shown that genetic gains through dairy herd improvement have accounted for about two thirds of the sector’s productivity over the last decade. . . .

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