Rural round-up

Kiwi a Transtasman winner:

Tim van de Molen, the Royal Agricultural Society of New Zealand (RAS) Rural Youth Ambassador, was announced as the Australasian Rural Youth Ambassador in the finals at the Darwin Royal Showgrounds.

This is a historic win for New Zealand, taking top honours in only the second year the competition has been extended transtasman.

Van de Molen, a 29-year-old agribusiness manager for ANZ and based in Waikato, is overwhelmed by the win. . .

Rapid lamb gains now in the past – Hugh Stringleman:

The drivers of sheep farm productivity increases are forecast to be throttled back over the coming decade, compared with the rapid pace of improvement over the past 20 years.

Total lamb weight produced per breeding ewe, lambing percentage and lamb carcase weight will ease off compared with past productivity increases which have been the envy of the national economy.

Beef + Lamb New Zealand chief economist Rob Davison told the Red Meat Sector Conference in Queenstown that an industry-wide discussion is needed on the right mix of lamb carcase weights for the future – whether farmers should push on above 18kg. . .

Ballance shareholders benefit from strong result

Another strong result by Ballance Agri-Nutrients has its 18,200 shareholders sharing in a $47 million rebate and dividend distribution.

Shareholders will receive $43.6 million through a $40 rebate per tonne of fertiliser purchased plus a further $3.4 million through an imputed dividend of $0.10 per share.

This will result in an average return of $44.29 per tonne, a result which compares well with last year’s record distribution averaging $50.29 per tonne. . .

Ravensdown announces new CEO:

Ravensdown, the 100% farmer-owned co-operative, has appointed Greg Campbell as the new CEO to replace chief executive Rodney Green when he retires on the 31st December 2012.

 In announcing the appointment, Chairman of Ravensdown, Mr Bill McLeod, commented that “Rodney Green had given us plenty of notice of his intention to retire, which gave us the luxury of time to conduct a really thorough search for his replacement. We are grateful for that, as Rodney will leave a very different Ravensdown to the one he took over in 1998. We especially thank Rodney, and acknowledge the job he has done growing and strengthening the company over the years of his stewardship. This meant we needed to find a special replacement to take over the reins from him.” . . .

North Islander set to defend title:

 Last year’s winner of the Canterbury A&P Association Mint Lamb Competition, Bill Feetham of Hastings, is preparing his entries for 2012 with the opening of this year’s competition launched this month.

 Farmers from throughout New Zealand are invited to showcase their quality lamb and compete in the 2012 Mint Lamb Competition held in conjunction with the country’s largest Agricultural and Pastoral Show, the Canterbury A&P Show. . .

Government scheme increaeses recycling on farm:

More than 650 tonnes of plastic farm waste has been recycled nationwide during the past year thanks to a government-funded scheme, Environment Minister Amy Adams says.

Under the product stewardship scheme, Plasback supplies more than 1000 recycling bins to New Zealand farms, and collects agricultural plastics such as bale wrap, silage wrap and covers, agrichemical containers and crop bags.

The waste is recycled into plastic resin pellets and then reused in new plastic products.

“Many farmers have been frustrated by the lack of options for dealing with plastic farm waste and know that burning or burying waste is not a sustainable solution,” Ms Adams says. . .

Allied Farmers granted waiver for $1.2M loan for bobby calf business:

Allied Farmers, the company whose market value was all but wiped out when it acquired the financial assets of Hanover Finance, has been granted a waiver to borrow up to $1.2 million for the operations of its bobby calf venture.

The waiver, granted by NZX Markets Supervision, was required because the loan would exceed 10 percent of Allied’s average market capitalisation of about $2.5 million and would have needed approval of shareholders. . .

REINZ Introduces New Farm Price Index:

REINZ is pleased to announce today the introduction of the REINZ Farm Price Index, as a superior and more accurate guide to changes in farm sale prices.

The new measure has been developed in conjunction with the Reserve Bank and adjusts for property specific factors such as location, size and farm type in measuring changes in farm prices.

“The REINZ Farm Price Index is less influenced by the type of farms that happen to sell, providing an improved measure of underlying farm prices,” says REINZ Rural Market Spokesman Brian Peacocke. . .

Canterbury vegetable grower takes national Young Grower title:

Andrew Scott from Canterbury has been named Young Grower of the Year at the Horticulture New Zealand Conference 2012.

Andrew, 29, was presented with his award last night after the day-long Young Grower of the Year competition held at Ellerslie Events Centre, Auckland, as part of this year’s Horticulture New Zealand Conference. . . .

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