Trade Minister Tim Groser has welcomed the OECD-WTO’s estimates of “Trade in Value-Added” at the launch of the new database in Paris.
“This new data estimates trade in value-added terms, which helps convey the interdependencies of global value chains and reveal who ultimately benefits from trade,” Mr Groser says.
“Engaging internationally is crucial to all countries’ future prosperity. New Zealand is especially well connected to global value chains in the agriculture and food sectors.”
According to OECD estimates, 81 percent of New Zealand exports’ value is created domestically. This is higher than the OECD average of 72 percent, reflecting both our geographic distance and the importance of agricultural products to our exports. . .
The introduction of Fonterra’s Trading Among Farmers (TAF) share trading scheme has added a new dynamic to the market for dairy farms, and has potential to put downward pressure on farm values, Real Estate Institute of NZ rural market spokesman Brian Peacocke said.
The introduction TAF last November has been a spectacular success and probably far greater than Fonterra could ever have have anticipated, according to market participants.
The units, which do not carry voting rights and which can be owned by the public, last traded at $7.45 – a 35.5 per cent premium their $5.50 issue price. The success of the units has rubbed off on the value of Fonterra shares, which can only be traded by farmers. The shares last traded at $7.42 compared with a pre-TAF “fair value” share price – set by Fonterra – of $4.52. . .
With a disproportionate number of suicides in the rural sector, Federated Farmers is calling for a proactive approach to solve the problem.
Hawke’s Bay farmer and the province’s Dairy Chairperson, David Hunt, has experienced depression first hand. He knows just how frightening and lonely it can be. Here is his story:
“A farmer suicide recently compelled me to come forward, as I have great respect for what John Kirwan has done for mental health and I wanted to share my experience to help farmers. What helped me accept my depression were the people opening up to me about theirs. There is no shame in it, depression is a hereditary illness that causes a chemical imbalance in your brain, there’s no choosing what illness you get,” he says. . .
Education will help quad bike safety – Jeanette Maxwell:
Quad bikes have been in the news following two deaths and several injuries over the Christmas and New Year period.
Most incomprehensible was the incident in which 6-year-old Ashlee Shorrock suffered serious injuries after being flung from a quad bike that veered off a Hawke’s Bay road late at night. What were she and the four adults also injured in the crash doing on the bike in the first place?
However, while it may not seem like it from the intense media coverage, quad bike deaths and serious injuries remain relatively rare despite the 100,000 machines in New Zealand.
While quad bikes are dangerous if mishandled and the farm toll is serious and must come down, we fear that politicians will respond to the media coverage by jumping at ”solutions’ . . .
Federated Farmers hopes all farmers will enter the Pasture Renewal Charitable Trust’s (PRCT) ‘Win a Free Paddock’ competition which begins on 20 January and runs through to 28 February.
All farmers are eligible to enter for three chances to win $8000 worth of products and technical advice used in the pasture renewal process.
“Federated Farmers is proud to support PRCT’s work in this area because pasture renewal is a core farming activity improve pasture quality, which in turn brings greater productivity, increased returns, improved animal health and more farm management options,” Federated Farmers board member and New Zealand Grassland Association executive member Anders Crofoot says. . .
The chair of Seafood New Zealand, Eric Barratt, today announced that Tim Pankhurst has been appointed chief executive of Seafood New Zealand effective from April 2013.
Mr Pankhurst is currently the general manager of the Communications and Media Industry Training Organisation (CMITO) and Print NZ, as well as having an advisory editorial role with the Newspaper Publishers’ Association (NPA). He was previously chief executive of NPA and is a former daily newspaper editor of The Dominion Post, The Evening Post, Waikato Times and The Press. . .
New Zealand Young Farmers are proud to announce Husqvarna NZ have partnered with the ANZ Young Farmer Contest as prize sponsors of New Zealand’s Ultimate Rural Challenge.
Husqvarna is a leading manufacturer of outdoor power equipment, designed to work in the toughest of conditions. One of the oldest industrial companies in the world with more than 300 years of history and experience, the Husqvarna Group today is the global leader in outdoor power products for forestry, lawn and garden care. . .