Word of the day

November 13, 2014

Lurdan – an idle or incompetent person; a lazy good-for-nothing; a dullard.


Thursday’s quiz

November 13, 2014

It’s your turn to ask the questions again.

You don’t need to follow the five question formula I usually use and anyone who stumps everyone will win an electronic chocolate cake.


Farming business not bet

November 13, 2014

Dairy farming is ‘no bet’:

Federated Farmers says it’s not the government betting on the farm, but instead farmers making sound market decisions. This comes after Green Party co-leader, Dr Russel Norman, said the government has ‘bet on the farm’ with dairying being a ‘one trick pony,’ which is producing a lower tax take and jeopardising a budget surplus.

“Dr Norman is ill-advisedly attacking New Zealand’s most successful export industry,” says Andrew Hoggard, Federated Farmers Dairy chairperson.

“Primary exports are an increasingly large share of our merchandise export returns and dairy an increasingly large share of farm production.

“The signals from the market are that growing middle classes, especially in South Asia, are developing a sustained taste for dairy products, and New Zealand is a respected source of those dairy products.

“Our dairy farmers are rationally taking these market signals on board and not being diverted by the inevitable short term fluctuations, or in Dr Norman’s terms, ‘a bet’

“The reasons for the present market slippage are clear.

“We didn’t cause Ebola in West Africa and our dairy farmers didn’t invade Eastern Ukraine either, but these two disparate events have cost us hundreds of millions of dollars. That same risk would exist if we exported mobile phones or software.

“Yes, the world produced seven billion litres more milk last season in an exceptional run the world-over. While that put a lid on dairy price growth, sanctions following events in the Eastern Ukraine released some three billion more litres and now you’ve got Ebola too.

“No question this season is a poor one. It ranks down there with 2005/6 but that also means the many seasons around them weren’t too shabby. Seasons that have helped to make this country the third most prosperous on earth according to Legatum.

“Unlike the past, our guys have been saving the gains while investing into productivity and environmental improvements. The ASB reckons, according to NZ Farmer, that agricultural bank deposits over the year to the end of September totalled $7.2 billion.

“Within the past few weeks RadioLive’s Duncan Garner has been on-farm and said this after visiting one; “So a bit of a message to the Greens, this guy wanted to pass on a message to the Green Party that they spend hundreds of thousands of dollars on what they do with their waste, and I thought it was quite brilliant, actually”.

Andrew Hoggard however doesn’t take too much issue with Russel Norman that the dairy industry might to likened to a pony.

“If he insists that it is a pony he should acknowledge that it is a very strong pony, it’s a stayer and it can perform economic miracles for our nation that Dr Norman would do well to get acquainted with,” Mr Hoggard concluded.

Season Average Dairy Company total payout ($/kg milksolids) Dairy Company payout (inflation adjusted)a
2003/04 $ 4.25 $ 5.34
2004/05 $ 4.58 $ 5.60
2005/06 $ 4.10 $ 4.83
2006/07 $ 4.46 $ 5.14
2007/08 $ 7.67 $ 8.51
2008/09 $ 5.14 $ 5.59
2009/10b $ 6.37 $ 6.82
2010/11b $ 7.89 $ 8.02
2011/12b $ 6.40 $ 6.44
2012/13b $ 6.18 $ 6.18

Fonterra’s milk price payout for the immediate past (2013/14) season is $8.40 kg/MS.
Source: DairyNZ Dairy Statistics for 2012/13
a Weighted to give real dollar values using the Consumers Price Index for the end of the June quarter. Sourced from Statistics New Zealand; Excludes dairy company retentions and deduction for DairyNZ Levy.
b Average dairy co-operative payout (Fonterra, Tatua, Westland)

 The Green Party doesn’t like dairying and it doesn’t like the government.

But neither farmers nor the government are betting on the industry.

Since National came to power in 2008 it’s introduced several measures to help business, foster trade and lower the burden of government.

Meanwhile farmers have got on with farming, accepting the reality that markets, the weather and various other factors beyond their control will affect the payout.

Last season we got a record high payout, this season will be much more modest but the medium to longer term outlook is still bright for dairying and the export income it earns for New Zealand.

 


November 13 in history

November 13, 2014

1002 – English king Æthelred II ordered the killing of all Danes in England, in the St. Brice’s Day massacre.

1160 – Louis VII of France married Adele of Champagne.

1642 – First English Civil War: Battle of Turnham Green – Royalist forces withdrew in the face of the Parliamentarian army and failed to take London

1715 Dorothea Erxleben, first German female medical doctor, was born (d. 1762).

1841 – James Braid first saw a demonstration of animal magnetism, which led to his study of the subject he eventually called hypnotism.

1850 Robert Louis Stevenson, Scottish writer, was born (d. 1894).

1851 – The Denny Party landed at Alki Point, the first settlers in what would become Seattle, Washington.

1864 – The new Constitution of Greece was adopted.

1887 – Bloody Sunday clashes in central London.

1896 – Te Maari, a crater at the northern end of the Tongariro range, erupted.

1901 – The 1901 Caister Lifeboat Disaster.

1906 Eva Zeisel, American industrial designer, was born (d. 2011).

1916 – Prime Minister of Australia Billy Hughes was expelled from the Labor Party over his support for conscription.

1927 – The Holland Tunnel opened to traffic as the first Hudson River vehicle tunnel linking New Jersey to New York City.

1934 – Peter Arnett, New Zealand-born American journalist, was born.

1941 – World War II: The aircraft carrier HMS Ark Royal was torpedoed by U 81.

1942 – World War II: Naval Battle of Guadalcanal – U.S. and Japanese ships engaged in an intense, close-quarters surface naval engagement.

1947 – Russia completed development of the AK-47, one of the first proper assault rifles.

1950 – General Carlos Delgado Chalbaud, President of Venezuela, was assassinated.

1954 – Great Britain defeated France to capture the first ever Rugby League World Cup in Paris.

1955 Whoopi Goldberg, American actress, comedian, and singer, was born.

1956 – The United States Supreme Court declared Alabama and Montgomery, Alabama laws requiring segregated buses illegal, ending the Montgomery Bus Boycott.

1965 – The SS Yarmouth Castle burned and sanks60 miles off Nassau with the loss of 90 lives.

1969 – Vietnam War: Anti-war protesters in Washington, D.C. staged a symbolic March Against Death.

1970 – Bhola cyclone: A 150-mph tropical cyclone hit the Ganges Delta region of East Pakistan (now Bangladesh), killing an estimated 500,000 people in one night. This is regarded as the 20th century’s worst natural disaster.

1971 – The American space probe, Mariner 9, became the first spacecraft to orbit another planet successfully, swinging into its planned trajectory around Mars.

1982 – The Vietnam Veterans Memorial was dedicated in Washington, D.C. after a march to its site by thousands of Vietnam War veterans.

1985 – The volcano Nevado del Ruiz erupted and melted a glacier, causing a lahar that buried Armero, Colombia, killing approximately 23,000 people.

1985 – Xavier Suarez was sworn in as Miami, Florida’s first Cuban-born mayor.

1988 – Mulugeta Seraw, an Ethiopian law student in Portland, Oregon was beaten to death by members of the Neo-Nazi group East Side White Pride.

1990 – David Gray shot dead 13 people, in the Aramoana Massacre.

David Gray kills 13 at Aramoana

1992 – The High Court of Australia ruled in Dietrich v The Queen that although there was no absolute right to have publicly funded counsel, in most circumstances a judge should grant any request for an adjournment or stay when an accused was unrepresented.

1994 – In a referendum voters in Sweden decided to join the European Union.

1995 – A truck-bomb exploded outside a US-operated Saudi Arabian National Guard training center in Riyadh, killing five Americans and two Indians.

2000 – Philippine House Speaker Manuel B. Villar, Jr. passed the articles of impeachment against Philippine President Joseph Estrada.

2001 – War on Terrorism: US President George W. Bush signs an executive order allowing military tribunals against foreigners suspected of connections to terrorist acts or planned acts on the United States.

2002 – The oil tanker Prestige sank off the Galician coast and causes a huge oil spill.

2005 – Andrew Stimpson, a 25-year old British man, was reported as the first person proven to have been “cured” of HIV.

2007 – An explosion hit the south wing of the House of Representatives of the Philippines killing four people, including Congressman Wahab Akbar, and wounding six.

2007 – Russia officially withdrew from the Soviet-era Batumi military base, Georgia.

Sourced from NZ History Online & Wikipedia


%d bloggers like this: