Sialoquent – spitting or spraying saliva while speaking.
After a nail-biting finish Matt Bell of Aorangi is the 2015 ANZ Young Farmer Contest Champion.
“This is the most surreal feeling, all the hard work has paid off. The blood, sweat and tears – it was all worth it! It’s somewhat of a dream at the moment” said Mr Bell.
Competition in the 47th ANZ Young Farmer Contest was fierce, with the Evening Show rounds resulting in a tie between East Coast’s Sully Alsop and Aorangi’s Matt Bell. Matt Bell won on a count-back of Practical Day scores. . . .
Young farmers ‘shattered’ after tough contest – Daniel Hutchinson:
The best young farmers in the land flocked to Taupo for a showdown as the town hosted the grand final of the Young Farmer Contest on Saturday.
Animal instincts and rat cunning were on display as the seven contestants battled it out with fencing duels (wire fences), shearing feats and even a speech contest during the three-day competition.
After a nail-biting finish on Saturday night, Matt Bell of Aorangi was declared the 2015 champion. . .
A goats’ milk company has announced plans to invest up to $30 million to build processing and packaging facilities in Hawke’s Bay.
Fresco Nutrition’s managing director Greg Wycherley said there was growing demand for infant formula that came from goats and sheep milk, particularly in Asia.
He said Hawke’s Bay was the ideal place to produce and process the product. . .
Speech to Federated Farmers 2015 Annual Conference – Nathan Guy:
Good morning and thank you all for the opportunity to speak to your annual conference here this morning.
I would like to begin by acknowledging your President, Dr William Rolleston; Chief Executive, Graham Smith; members of your National Board; and all other members here today.
My congratulations go to Dr Rolleston who has just been elected as the Vice-President of the World Farmers Organisation.
I met with newly elected WFO President Evelyn Nguleka and Executive Director Marco Marzano in Europe recently.
As an organization “of farmers, for farmers” the main focus of the WFO is to represent the interests of its hugely diverse constituency in international forums where they are often the only voice for farmers. . .
The business is usually flying close to the ground. But this week, top dressing firm Ravensdown Aerowork was the high flyer when it took out the prestigious ServiceIQ Award for Excellence in Training at the Aviation Industry Association Awards in Queenstown.
ServiceIQ Sector Advisor Gary Scrafton, says the Wanganui-based aviation firm places a strong emphasis on its people, ensuring that they have the skills they need to do both a great job in the air, and to provide customers with top-class service. . .
The Government is investing nearly $400,000 in six new projects to enhance and maintain the quality of the New Zealand Cycle Trail, Prime Minister and Minister of Tourism John Key announced today.
“This is the second round of funding available through the Maintaining the Quality of Great Rides Fund and brings the total investment under the fund so far to $1.36 million,” says Mr Key.
“Priority has been given to proposals that aim to improve the safety and quality of the Great Rides – the premier rides on the New Zealand Cycle Trail. Three of the successful applications are for repairs to sections of trail that have incurred storm damage. . .
Researchers say New Zealand blackcurrants can keep people mentally young and agile, and aid in managing the effects of depression and Parkinson’s disease.
A study conducted by scientists at New Zealand’s Plant & Food Research, in collaboration with Britain’s Northumbria University, showed the compounds found in New Zealand blackcurrants increased accuracy, attention and mood.
The research also found juice from a specific New Zealand blackcurrant cultivar, Blackadder, reduced the activity of the enzymes which regulate serotonin and dopamine concentrations in the brain. . .
The seafood industry actively supports measures to conserve the Auckland Islands sea lion, Seafood New Zealand Chairman George Clement says.
His comments follow the International Union for Conservation of Nature (IUCN) upgrading the sea lions’ status from vulnerable to endangered.
“The decline in the sea lion population at the Auckland Islands has been a cause of concern for some time, although other populations are increasing. . .
The catalogue for New Zealand Bloodstock’s Winter Mixed Bloodstock Sale are due in letterboxes early next week and can be viewed online now.
There are 73 horses catalogued, consisting of broodmares (40), weanlings (6), yearlings (4), two-year-old’s (9), unraced stock (2), racehorses (11) and stallion shares (1).
A range of sires will be on offer at NZB’s Winter Mixed Bloodstock Sale with 53 sires represented, including the progeny of leading sires from New Zealand and Australia, Savabeel and Fastnet Rock. . .
The Flag Consideration Panel is inviting people to upload designs for a new flag.
There are more than 4000 in the gallery already.
This one is Circling Fern by Glen Snow:
A possible merger between Alliance Group and Silver Fern Farms is still on the agenda of some in the meat industry.
Disgruntled Alliance Group shareholders say they hope to have the support from 5 percent of their number within the next 10 days that’s required to force a special meeting to discuss the potential benefits and risks of a merger with Silver Fern Farms.
Last week Silver Fern Farms shareholders crossed the 5 percent threshold to force a special meeting of their meat cooperative to vote on seeking a full analysis of the benefits and risks of merging with Alliance, along with a comprehensive risk mitigation plan, verified by an independent firm. . .
Allan Barber explains why merger’s not going to happen:
Silver Fern Farms have been forced to take what CEO Dean Hamilton calls a prudent approach to livestock procurement. This is code for being hard up against the company’s banking facility, directly as a result of greater livestock availability. A longer season in the North Island and pressure from drought in North Canterbury are responsible for this situation.
An in-house message to livestock buyers explains the company’s inability to handle all its potential livestock bookings and says it may be necessary to assist some suppliers in finding alternative slaughter capacity. . .
Clearly SFF has taken the sensible step of implementing seasonal closures at some large plants, such as Paeroa in the Waikato and Fairton in the South Island. Unfortunately the pursuit of cost savings has clashed with the longer than expected flow of livestock, but it would be financially unsustainable if not impossible to reopen these plants.
The other major factor is the state of the export market which is scarcely conducive to killing and processing more product than absolutely necessary at this time of year. As Hamilton told me, there is no point in filling up the chillers and freezers when the market is as soft as it is at the moment. He could well have added that the company’s bankers wouldn’t have allowed it anyway.
The internal communication to the buyers makes it plain SFF must live within its means which hasn’t been the case for the last three or four years. The hope is expressed that this will create more flexibility next season. However the $1.3 billion spent on livestock so far this year is greater than last year which indicates the company has yet again failed to live within its means.
Three years ago SFF suffered because it failed to meet the market which resulted in too much inventory having to be written down, causing substantial losses over two financial years.
SFF is suffering the ultimate meat industry conundrum: how to run all its plants at optimum capacity when its bankers impose facility limits which render this difficult or downright impossible in prevailing market conditions; another dimension of the conundrum is the conflict between satisfying supplier demand for slaughter space and the inability to turn this into cash.
Barber gives some history – this is what happened in the 1990s when Fortex and Weddel went into receivership.
SFF is faced with a similar set of problems which can only be resolved by a capital restructure. The shareholder group’s attempts to force a review of the potential for a merger with Alliance are doomed to fail, because the state of the balance sheet and bank constraints make a merger impossible. There are also rumours about the closure of SFF’s overseas offices. . .
It appears the result of the equity raising process carried out by Goldman Sachs will finally be available for communication to shareholders in August. Unless the shareholders can come up with a minimum of $100 million, and even this may not be enough, they will have no entitlement to influence the company’s future. There may be no alternative to bringing in outside capital to recapitalise all or part of the business. . .
The grapevine suggests several scenarios for the future of SFF none of which is a merger with Alliance.
Those wanting that to happen don’t understand directors’ legal responsibilities to work in the best interests of the company, which would rule a merger out.
We do not belong to those who have ideas only among books, when stimulated by books. It is our habit to think outdoors — walking, leaping, climbing, dancing, preferably on lonely mountains or near the sea where even the trails become thoughtful. – Friedrich Nietzsche.
Hat tip: Rob Hosking in a post on walking – ‘that suspensive heaven’ which is topped by a stunning photo above Lake Wanaka and that anyone to whom walking, thinking, and just slowing down appeals and noticing will enjoy.
371 BC – The Battle of Leuctra, Epaminondas defeated Cleombrotus I.
1044 The Battle of Ménfő.
1189 Richard I (Richard the Lionheart) was crowned King of England.
1253 Mindaugas was crowned King of Lithuania.
1348 Papal bullof Pope Clement VI protecting Jews during the Black Death.
1415 Jan Hus was burned at the stake.
1483 Richard III was crowned King of England.
1495 First Italian War: Battle of Fornovo: Charles VIII defeated the Holy League.
1535 Sir Thomas More was executed for treason against King Henry VIII.
1560 The Treaty of Edinburgh was signed by Scotland and England.
1573 Córdoba, Argentina, was founded by Jerónimo Luis de Cabrera.
1609 Bohemia was granted freedom of religion.
1630 Thirty-Years War: 4,000 Swedish troops under Gustavus Adolphus landed in Pomerania, Germany.
1777 American Revolutionary War: Siege of Fort Ticonderoga: After a bombardment by British artillery under General John Burgoyne, American forces retreated from Fort Ticonderoga, New York.
1781 Sir Stamford Raffles, British statesman, was born (d. 1826).
1785 The dollar was unanimously chosen as the monetary unit for the United States.
1801 Battle of Algeciras: The French navy are defeated by the Royal Navy.
1809 The second day of the Battle of Wagram – French victory over the Austrian army in the largest battle yet of the Napoleonic Wars.
1854 The first convention of the United States Republican Party was held.
1887 Annette Kellerman, Australian swimmer, was born (d. 1975).
1887 David Kalakaua, monarch of the Kingdom of Hawaii, was forced at gunpoint, at the hands of the Americans, to sign the Bayonet Constitution giving Americans more power in Hawaii while stripping Hawaiian citizens of their rights.
1892 Dadabhai Naoroji elected as first Indian Member of Parliament in Britain.
1892 – 3,800 striking steelworkers engaged in a day-long battle with Pinkerton agents during the Homestead Strike, leaving 10 dead and dozens wounded.
1893 Pomeroy, Iowa, was nearly destroyed by a tornado that killed 71 people and injured 200.
1905 Alfred Deakin became Prime Minister of Australia for the second time.
1907 Frida Kahlo, Mexican painter, was born (d. 1954).
1907 George Stanley, Canadian politician and designer of Canada’s Flag, was born (d. 2002).
1917 Arthur Lydiard, New Zealand running coach, was born (d. 2004)
1918 Sebastian Cabot, English actor, was born (d. 1977).
1919 The British dirigible R34 landed in New York, completing the first crossing of the Atlantic Ocean by an airship.
1921 Nancy Reagan, First Lady of the United States, was born.
1923 An Auckland−Wellington express ploughed into a huge landslip that had slumped across the tracks at Ongarue, north of Taumarunui in the King Country. Seventeen people were killed and 28 injured.
1925 Bill Haley, American singer, was born (d. 1981).
1927 Janet Leigh, American actress, was born (d. 2004).
1936 Dave Allen, Irish comedian, was born (d. 2005).
1939 Holocaust: The last remaining Jewish enterprises in Germany were closed.
1944 The Hartford Circus Fire, one of America’s worst fire disasters, killed approximately 168 people and injured over 700.
1946 – Sylvester Stallone, American actor, was born.
1947 Richard Beckinsale, English actor, was born (d. 1979).
1947 The AK-47 went into production in the Soviet Union.
1951 Geoffrey Rush, Australian actor, was born.
1957 Althea Gibson won the Wimbledon championships, becoming the first black athlete to do so.
1958 Jennifer Saunders, English actress,comediene and screenwriter, was born.
1962 Nuclear test shot Sedan, part of Operation Plowshare.
1964 Malawi declared its independence from the United Kingdom.
1966 Malawi becomes a republic, with Hastings Banda as the first President.
1967 Biafran War: Nigerian forces invade Biafra, beginning the war.
1975 The Comoros declared independence from France.
1978 Kevin Senio, New Zealand rugby player, was born.
1978 The Taunton sleeping car fire occurred in Taunton, Somerset killing twelve people.
1986 Davis Phinney became the first American cyclist to win a road stage of the Tour de France.
1989 The Israeli 405 Bus slaughter -14 bus passengers were killed when an Arab assaulted the bus driver as the bus was driving by the edge of a cliff.
2003 The 70-metre Eupatoria Planetary Radar sent a METI message Cosmic Call 2 to 5 stars: Hip 4872, HD 245409, 55 Cancri, HD 10307 and 47 Ursae Majoris that will arrive to these stars in 2036, 2040, 2044 and 2049 respectively.
2006 The Nathula Pass between India and China, sealed during the Sino-Indian War, re-opened for trade after 44 years.
2009 Jadranka Kosor became the first female Prime minister of Croatia.
Sourced from NZ History Online & Wikipedia