Rural round up

December 29, 2013

Wool rice product developed:

A Wellington company which has developed a new upholstery fabric blended from wool and rice straw is expecting to start commercial production next year.

The Formary, a textile design and development company, is proposing to use 70% New Zealand mid-micron wool and 30% rice straw in the fabric, which will be manufactured in China.

The Formary co-founder Bernadette Casey said manufacturing of commercial samples would start in China early next year, with full production by mid-year. . .

Indo Minister steps up rhetoric on live cattle:

The Indonesian agriculture minister Suswano has stepped up his anti-Australia rhetoric, calling for cut backs on the importation of live cattle from Australia due to the ongoing spying rift between the two neighbours.

The Minister has called on the cattle industry to cease imports of cattle from Australia and to give preference to local suppliers. He said the appeal was related to Australia’s snooping on Indonesia.

“Basically it is business-to-business, (and is) the right of businesspeople to chose where they source their meat supplies. However, when the government shows a certain political stance, it would be good if the businesspeople adapt to it,” he said. . .

Donating kidneys to protect the landscape – Erin Hutchinson:

Manawatu farmer Dave Stewart reckons the agricultural landscape needs a lot more kidneys.

Dave uses the term to describe the numerous small native-bush blocks he has planted in the small, incised gullies that criss-cross the family’s property.

Those organs across the flat to occasionally rolling territory intercept nutrients carried in paddock run-off before they enter waterways. Dave calls them nutrient-interceptor beds.

Dave and wife Jan are the fourth generation of Stewarts to farm the 600ha property at Hiwinui, a short distance from Palmerston North. . .

Year in review – April - Rebecca Harper:

Fonterra’s strong balance sheet was used to bring forward the advance payment schedule for its milk supply pool and improve cashflow for drought-affected dairy farmers. The co-op declared a net profit increase of 33% on the first half of 2011-12 to $459 million in the six months to January 31 after an 8% increase in sales volume. The milk payout forecast was lifted 30c to $5.80/kg milksolids.

The Meat Industry Excellence Group (MIE) continued to hold farmer meetings around the country to gauge support for its push for red meat industry consolidation. Meat companies said they were working together on a plan to rationalise the processing industry and the two big co-ops said they were willing to work with MIE. Tradable slaughter rights were suggested as one solution to industry woes as the impetus for change gathered momentum.

MIE elected a national executive with Richard Young as chairman. . .

And from the Nutters Club:

>:) kindest, Boris


Rural round-up

December 6, 2012

Innovative Wellington Entrepreneurs Identify Massive New Wool Markets

A small Wellington company The Formary has a plan that will help China reduce its air pollution, while at the same time creating a potentially massive new market for New Zealand wool.

After China’s rice crop is harvested in the paddy fields, millions of tonnes of rice straw are burnt, causing massive air pollution, closing airports, shutting out the sun and creating health issues for millions of people. Working with Massey University in Wellington, The Formary has developed a rice-straw-wool fabric prototype that could lead to a multi-million dollar business.

The Formary is owned by Bernadette Casey of Wellington and Sally Shanks from Gisborne and the idea is an extension of another product they developed, when they identified the potential of using waste fibre from Starbuck’s vast amount of unwanted coffee sacks and blending it with New Zealand crossbred wool to create fabric they called WoJo®. . .

Government to assist kiwifruit growers:

A package of support measures is to be made available to North Island kiwifruit growers affected by the Psa-V vine disease, Primary Industries Minister David Carter announced today.

Mr Carter has declared Psa a medium-scale biosecurity event under the Government’s Primary Sector Recovery Policy, triggering further assistance for growers dealing with the impacts of the disease. 

“The Government has worked closely with kiwifruit industry representatives to ensure that this declaration is timed to give maximum possible benefit to growers,” says Mr Carter. . .

Help for Kiwifruit Growers as Psa-V Declared an Adverse Event:

New Zealand Kiwifruit Growers Incorporated (NZKGI) welcomes Government approval for a financial and recovery support package, for kiwifruit growers hit by the vine-killing disease Psa.

NZKGI President Neil Trebilco says the organisation has worked very closely with the Government, to firstly extend the coverage of existing adverse events recovery provisions to include incursions on pests and disease, and then get the Psa-V support package approved for kiwifruit growers.

“This will give some growers most affected by Psa a level of financial and welfare support to help them through the impact of this disaster.” . .

Equity raising and change of listing to the NZX Main Board

Today, A2 Corporation Limited (“A2C” or “the Company”) announces that it is undertaking an equity raising to provide additional funding to accelerate the global growth initiatives outlined in the recently announced strategic review.

The Company will issue NZ$20 million in new equity and the Company’s three largest shareholders have resolved to sell a percentage of their holdings in the Company to new and existing investors (together “the Transaction”) at a fixed offer price of NZ$0.50 per new share (“Offer Price”) to provide additional liquidity, contemporaneous with a change in listing to the NZX Main Board, thus facilitating inclusion in the NZX50. . .

Commitment needed by wool growers to ensure sustainable, profitable wool future:

A key objective of Wools of New Zealand is to build the company, evolving within five years to be a fully commercial grower-owned sales and marketing business.

Wools of New Zealand has spent considerable time meeting with all sectors of the industry in New Zealand and internationally building strong collaborative relationships and is now pursing commercial opportunities with supply chain participants for mutual benefit. The Directors are pleased with the cooperation and progress made to date. Wools of New Zealand is, for example, very supportive of the New Zealand scouring industry which underpins the quality and integrity of our fibre which supports the Company’s branded, market-pull strategy. . .

ANZCO Foods’ new Foodplus programme – comments by Sir Graeme Harrison:

ANZCO Foods Chairman, Sir Graeme Harrison, who has worked in the meat industry in various roles since 1973, is enthusiastic about the potential of the new Foodplus programme to enhance business opportunities for the sector.

ANZCO Foods and the Ministry for Primary Industries announced joint funding for the $87million Foodplus programme earlier this week. MPI Director-General Wayne McNee approved funding from the Primary Growth Partnership, which is administered by MPI.

Sir Graeme says it will give a vital boost to the meat industry. . .


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