Young Farmer contest #5 Will Grayling – RivettingKate Taylor:
Photos make the world go around…. here’s a selection of photos of Will in action at the 2011 National Bank Young Farmer Contest in Masterton over the past week – Wednesday’s welcome at the Masterton Town Hall where Will’s likeness to Prince Harry was first mentioned; Thursday’s technical day at the historic Brancepeth homestead and the speech back at the Solway Copthorne; Friday’s practical challenges, head to head (s) and agrisports at the Solway Showgrounds and finally the evening show at the new Wairarapa College auditorium. . .
Politicos turn to the land – Sally Rae:
Everyone, it seems, is the farmer’s friend – after all, it is election year.
Act New Zealand leader Don Brash probably summed it up best at Federated Farmers national conference in Rotorua when he said those attending would be “enduring a procession of politicians”. . .
Fonterra to pour $250m into Darfield – Tim Cronshaw:
Dairy giant Fonterra wants to pour another $250 million into trebling milk production at its Darfield site with a new dryer vying to be the largest in New Zealand.
The co-operative entered talks about stage two of the project with neighbours at a community meeting yesterday and is about to begin the consent process. The plan is to have the second dryer built by 2015 as the $200m site, still being constructed, is expected to be at full capacity by then.
German investors pay $33m for farm – Collette Devlin:
A German investment management company is now possibly the largest player in rural land in Southland after it spent $33million to buy a dairy farm at Dipton.
Aquila AgrarINVEST Investitions Gmbh was granted approval under the Overseas Investment Act to secure the acquisition of rights or interests in up to 100 per cent of the units of Glencairn Ltd Partnership, which owns or controls a freehold interest in 1401ha of an existing dairy farm. . .
New Zealand could produce enough food to feed around 40 million people if every farm performed at the same level as the most profitable, said Ballance Agri-Nutrients Chairman, David Graham.
He was speaking at the Ballance Farm Environment Awards annual showcase held in the Hawke’s Bay on 25 June.
“New Zealand currently produces enough food to feed approximately 20 million people. We know our most profitable farms achieve an economic farming surplus of $3,500 per hectare, yet the average farm achieves just over $2,000 and about half of all farms are operating below this.
“To double the amount of people we can feed we must lift our production by working on assisting the bottom half of this bell curve to lift its game.” . . .
My word, look – speculation works – Tim Worstall:
This followed a report on Thursday that showed US farmers had planted more corn than analysts had expected and that stocks of the grain were higher than forecast across the US.
Corn futures fell more than 6pc on Friday, bringing the fall since a US report was issued to about 10pc. . .
The Great corn con – Steven Rattner:
FEELING the need for an example of government policy run amok? Look no further than the box of cornflakes on your kitchen shelf. In its myriad corn-related interventions, Washington has managed simultaneously to help drive up food prices and add tens of billions of dollars to the deficit, while arguably increasing energy use and harming the environment.
Even in a crowd of rising food and commodity costs, corn stands out, its price having doubled in less than a year to a record $7.87 per bushel in early June. Booming global demand has overtaken stagnant supply. . .
Hat tip: Anti-Dismal