Lochinver set for record price – Stephen Bell:
Lochinver Station on the Napier-Taupo Road is expected to set a New Zealand farm price record of more than $70 million.
Though bigger farms have been sold in the South Island Lochinver is the most productive rural property ever put up for sale in NZ, Bayleys managing director Mike Bayley said.
The land was waste and scrub when Sir William Stevenson bought it in 1958.
It is now being sold as Stevenson Group, one of the country’s biggest privately-owned companies, rebalances its investment portfolio to exclude farming, chief executive Mark Franklin said. . . .
Trade deals coming thick and fast – Alan Barber:
The TPP may not be happening as soon as expected, but free trade agreements with individual markets, Chinese Taipei and Peru, will come into effect, some aspects immediately, and provide more immediate rewards for our exporters.
Although multinational trade negotiations make more dramatic headlines, history suggests that they have a similar gestation period to an elephant, in fact quite a bit longer in the case of WTO rounds. The TPP looks as if it will follow a similar course because of the USA’s demands about trade partners’ internal arrangements, like Pharmac, and farmer lobbies in countries like Japan and South Korea. This makes it extremely difficult to conclude a binding agreement that meets the requirements of all the countries participating in the negotiations.
Unilateral trade agreements are not as highly regarded or sought after, but they are an essential part of international trade and, for New Zealand with its high trade dependency, very important to our future prosperity. . .
Police fear poaching fatality – Neil Ratley:
Farm workers and their houses are being caught in the spotlights of poachers, and southern police fear someone will be killed unless the illegal practice is stopped.
Constable Steve Winsloe of Winton said police and farmers were taking a collaborative approach to the problem to prevent a potential tragedy.
Landowners had had enough and were working with police to prevent poaching and other rural crime, he said.
“Farmers are getting caught in the spotlights when they are out working after dark. It just takes one poacher to see a glint of an eye that may not be an animal and they pull the trigger” he said.
“The last thing police want is a fatal shooting.” . . .
ANZCO bounces back into profit – Alan Williams:
ANZCO Foods has released early its trading result – a pre-tax profit of $12.6 million – in response to what it says are rumours about its financial strength.
The company was not only profitable in the year ended September 30 but increased its operating cashflow and equity ratio on a year earlier.
Revenue increased to $1.28 billion, from $1.21b previously.
It will also pay a dividend to shareholders, as it has done every year since the shareholding structure was put in place in 2001, chairman Sir Graeme Harrison said. . . .
Alliance operations on move – Collette Devlin:
The Alliance Group is in the process of transferring beef rendering operations to its new $25 million rendering plant at Lorneville in Invercargill.
Alliance Group chief executive Grant Cuff said the company started moving operations from the Mataura beef plant about a week ago.
It was also clearing out the rendering plant at Makarewa, where lamb slinks processing finished about a month ago, he said.
Alliance Group is consolidating its southern rendering operations at the new Lorneville plant to improve productivity. . . .
Flood of interest in storage dam idea– Matthew Littlewood:
The burgeoning Rangitata South Irrigation Scheme in South Canterbury has led to a rush of applications for water storage dams.
Environment Canterbury’s consents spokeswoman confirmed that none of the 21 applications within the Arundel-based scheme’s 16,000 hectare “command area” were declined, because all of them fitted within its notified Land and Water Regional Plan.
“To clarify – these are off-channel storage dams (no waterways were dammed) and these include four certificates of compliance (where a dam met the permitted activity requirements and no consent was required),” she said.
The capacity of the storage dams ranged from 8000 to 210,000 cubic metres. . . .