Rural round-up

The other face of foreign ownership:

The generosity of foreign investors has created New Zealand’s largest ever private land protection agreement at 53,000 hectares; equivalent to 240 Cornwall Park/One Tree Hill Domains.

“It is exciting that a Queen Elizabeth II covenant now covers the iconic high country over most of Motatapu, Mount Soho, Glencoe and Coronet Peak stations,” says Dr William Rolleston, Federated Farmers President.

“This is the other face of foreign ownership, perhaps best explained by dual Federated Farmers/Forest & Bird life member, Gordon Stephenson, who commented: “this is the first time a whole landscape is being put into a covenant”.  . .

Sheep Industry Excellence Celebrated:

The important role ram breeders play in New Zealand’s sheep industry was celebrated at the third annual Beef + Lamb New Zealand (B+LNZ) Sheep Industry Awards.

About 230 people attended a dinner in Napier, where 10 genetics-based awards and five sector excellence awards were presented. Results of the genetics-based awards were calculated based on ram breeders’ performance in SIL-ACE (Advanced Central Evaluation) – the large-scale, across flock and breed genetic evaluation of more than 300 ram breeding flocks. . . .

GlobalDairyTrade not ‘milk and disaster’:

The latest decline in the benchmark GlobalDairyTrade (GDT) online auction continues a trend expected by Federated Farmers. 

“We’d love to see a plus sign for a change but at least it seems to be tracking in the direction Rabobank has projected,” says Andrew Hoggard, Federated Farmers Vice-Chairperson.

“I don’t expect this latest result will affect the payout forecast in the near term.  What will be critical is the expected market recovery in the New Year.  . .

–  Allan Barber:

It’s wonderful what a bit of buoyancy in the market for beef and sheepmeat will do for morale, especially when it coincides with a solid drop in the predicted dairy payout. It isn’t just about absolute price returns, but also a reduction in the gap which has opened up this year between red meat and dairy prices.

MIE’s chairman John McCarthy has already characterised the improved mood among processors and exporters as signalling a desire to preserve the status quo which is why he and MIE are thrilled to have obtained the funding required to produce a business plan. This is intended to ‘deliver a definitive roadmap for farmer profitability’ through committed supply, coordinated marketing and best practice. . .

Global animal protein trends become more complex – Allan Barber:

At the Red Meat Sector Conference Luke Chandler, General Manager of Rabobank’s Food and Agribusiness Research Advisory group in Australasia, presented an interesting perspective on global protein trends and the increasing complexity required to feed the world’s growing population.

He observed three main trends: demand from emerging markets and market access, competitiveness between proteins and the complexity of the supply chains.

Briefly stated there is a surplus in the west and a shortage in the east with 70% of growth occurring in Asia, predominantly in China, India and Indonesia. Australia and New Zealand provide 6% and 3% respectively of imports of agricultural products into Asia and are therefore high value, niche exporters rather than providers of high volume production. . .

Ravensdown to pay farmer rebate as profits surge – Suze Metherell:

(BusinessDesk) – Ravensdown Fertiliser Cooperative will resume paying farmers a rebate this year after its earnings jumped some 161 percent after it quit an unprofitable Australian business.

Profit before tax and rebate from continuing operations rose $73 million in the year ended May 31, from $28 million the previous year, the Christchurch-based cooperative said in a statement. Trading profit rose to $46 million from $6 million a year earlier, which was impacted by the cost from quitting Australia. Ravensdown will pay shareholders $37.78 per tonne, made up of $15 in rebate and fully imputed bonus shares worth $22.38. . . .

Third International Accolade in Three Months for Yealands:

Yealands Family Wines (YFW) has been awarded a trophy in the 2014 Green Apple Awards for Environmental Best Practice. This award is the third international award that the Marlborough Company has won for its high quality sustainable wine growing practices in the past three months.

Yealands were awarded “Green Company of the Year” by the UK’s leading drinks publisher, Drinks Business on April 30 and crowned the Gold Medal Winner in the Most Socially or Environmentally Responsible Company of the Year category at the 2014 International Best in Biz Awards last month.

The company competed against more than 500 global nominations in the Green Apple Awards, and they will be presented with their trophy and certificate at a glittering presentation ceremony in The Houses of Parliament, in London on November 10. . .

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