Word of the day

September 24, 2015

Katharometer – an instrument for detecting a gas or measuring its concentration in a mixture, by measuring changes in thermal conductivity.


Rural round-up

September 24, 2015

Groser: TPPA not a gold-plated deal – Patrick Smellie:

New Zealand negotiators expect to conclude a Trans-Pacific Partnership Agreement (TPPA) deal with some improved access for dairy exports to the highly protected markets of North America and Japan but it won’t be a “gold-plated deal”, says Trade Minister Tim Groser.

He acknowledged that comments from Prime Minister John Key on Monday, that whatever deal was achieved would be “at least the very best we can do”, had been interpreted as a sign of a poor deal on dairy in the offing.

But Mr Groser told BusinessDesk that New Zealand negotiators weren’t in “capitulation mode”. . . 

No drought-breaker but ‘darn good help‘:

A farmer in the heart of the North Canterbury drought is welcoming the rain currently falling in parts of the region, describing it as a good morale boost for many farmers.

Vince Daly runs a 160 hectare cropping farm in Cheviot. He said the NIWA weather station on his farm showed the soil moisture level on his farm has gone from 32 percent to 37 percent this week so far. Normally it is at 100 percent at this time of year.

Mr Daly said 43 millimetres of rain had fallen but farmers further inland have, so far, not been so lucky. . . 

Aorere Wins NZ RiverPrize:

NZ Landcare Trust’s Aorere River Project won the inaugural Morgan Foundation NZ Riverprize at the International Riversymposium Gala Dinner in Brisbane last night.

Richard Thompson Chair of NZ Landcare Trust’s Board of Trustees said “What a fantastic result for the Trust and the Aorere community. This is an amazing result given the strength of the competition… it really underlines the value of this project and the work carried out by NZ Landcare Trust.”

NZ Landcare Trust CEO Dr Nick Edgar accepted the award on behalf of the Aorere River Initiative. “I think this is a real victory for community-led grassroots river management in New Zealand. Without the Aorere river community, the story really wouldn’t have happened.” . . 

Rural areas feeling agricultural sector slowdown:

Almost a third of businesses in regions see revenues fall

Three quarters of agricultural businesses expect economy to decline

Businesses in New Zealand’s rural areas are already feeling the effects of a significant slowdown for the agricultural sector, according the latest MYOB Business Monitor survey of over 1000 businesses nationwide, which includes over 200 rural SMEs.

Over the last 12 months, just 18 per cent of rurally-based SME operators have seen their revenue rise, compared to the SME average of 31 per cent. Almost a third (32 per cent) have seen revenue decline in the year to August 2015 (25 per cent SME average). . . 

Fonterra director Farrelly replaces Norris on Fund board – Paul McBeth:

(BusinessDesk) – Fonterra Cooperative Group director Ian Farrelly will replace Ralph Norris as one of the dairy exporter’s representatives on the board of the Fonterra Shareholders’ Fund manager.

Farrelly will join the board of the fund’s manager at the close of its annual meeting on Nov.27 when Norris retires, Fonterra said in a statement. Farrelly has been on the board of Fonterra since 2007, having clocked up a 20-year career in banking including 15 years as head of ASB Bank’s rural division. He operates a 400-hectare calf rearing farm in Te Awamutu and has dairy farm interests in Canterbury and Waikato. . .

Lasers: the transformation to come –  Lynley Hargreaves:

Cather Simpson wants every child and parent in New Zealand to know the word photonics – and to consider photonics science or engineering as a career. An Associate Professor at the University of Auckland and Director of the Photon Factory, she’s worked on problems as diverse as robotic surgery and sorting dairy herd sperm by sex. Now as part of the International Year of Light and Light-based Technologies, Associate Professor Simpson is working to give school children, and the general public, a glimpse of the future of laser manufacturing.  . . 

Official start of new PGP lamb programme:

Primary Industries Minister Nathan Guy has welcomed the official start of a new Primary Growth Partnership (PGP) programme involving premium quality lamb products.

“The ‘Targeting New Wealth with High Health’ PGP programme aims to reach existing and emerging markets with a new class of premium lamb products with improved health qualities,” says Mr Guy.

“This is a collaboration between Alliance Group, Headwaters New Zealand and the Ministry for Primary Industries (MPI). It will help our producers tap further into the increasing demand for premium and healthy foods, and add value to our exports. . . 

Rabobank Agribusiness Monthly (NZ) – September 2015:

Rabobank’s Agribusiness Monthly provides timely information and analysis on agricultural conditions, commodity price updates and commentary on the latest sectoral trends and developments.

Key highlights
Agribusiness Monthly

Dairy – Global commodity prices have shown signs of recovery in recent weeks, as international buyers look for short-term cover, given that prices appear to have reached a floor.

Beef – Steady demand from the US continues to fuel farmgate prices, with record levels reached this September (NZD 6.10/kg cwt). Prices have edged up 33% from last year, supported by seasonal tightening of supplies.

Sheepmeat – Farmgate prices have continued to improve into September 2015, with supply tightening heading into lambing season. . . 


Fonterra forecast payout up 75 cents

September 24, 2015

Fonterra has revised its forecast payout for this season upwards by 75 cents.

Fonterra Co-operative Group is lifting its forecast total available for payout for the 2015/16 season to $5.00 − $5.10 kgMS due to an increase in the forecast Farmgate Milk Price of 75 cents. The forecast total available for payout comprises:
Forecast Farmgate Milk Price $4.60 kgMS – up 75 cents
Forecast earnings per share of 40 – 50 cents.

This is very good news for farmers and sharemilkers.

It will also help this year’s tax take as many farmers will move from expected deficit to surplus.

How much impact it has on those who service and supply us will depend on whether farms keep with budgeted savings or rebudget to allow a bit more spending.

The media release on the 2014/15 annual report is here.

The full results are here


Quote of the day

September 24, 2015

“The Kaponga (silver fern) has been iconic to New Zealand for over 160 years and to me the ferns fronds represents the encompassment or korowai over us all representing our multi cultural New Zealand. Mahutonga (southern cross) represents the archipelago making up NZ and our geographical location which also signifies the use of Mahutonga as an ancient navigational aid by seafarers who found their way to Aotearoa.”

“Red is whero for Maori, the colour of Mother Earth. Blue is kahurangi of Te Moana nu a Kiwa (Pacific Ocean), and white, maa, represents peace and symbolises Aotearoa, the land of the long white cloud.” Nuk Korako on his preference for the red and blue flag with fern and stars.


September 24 in history

September 24, 2015

622 Prophet Muhammad completed his hijra from Mecca to Medina.

1180 Manuel I Komnenos, last Emperor of the Komnenian restoration died after which the Byzantine Empire slipped into terminal decline.

1625 Johan de Witt, Dutch politician, was born (d. 1672).

1645  Battle of Rowton Heath, Parliamentarian victory over a Royalist army commanded in person by King Charles.

1664 The Dutch Republic surrendered New Amsterdam to England.

1674  Second Tantrik Coronation of Chhatrapati Shivaji Maharaj.

1717 Horace Walpole, British novelist and politician, was born (d. 1797).

1725 Sir Arthur Guinness, Irish brewer, was born (d. 1803).

1841  The Sultan of Brunei ceded Sarawak to Britain.

1852  The first airship powered by (a steam) engine, created by Henri Giffard, travelled 17 miles (27 km) from Paris to Trappes.

1869 “Black Friday“: Gold prices plummeted after Ulysses S. Grant ordered the Treasury to sell large quantities of gold after Jay Gould and James Fisk plotted to control the market.

1871 –  Lottie Dod, English athlete, was born (d. 1960)

1877  Battle of Shiroyama, decisive victory of the Imperial Japanese Army over the Satsuma Rebellion.

1890 The Church of Jesus Christ of Latter-day Saints officially renounced polygamy.

1896 F. Scott Fitzgerald, American novelist, was born (d. 1940).

1905 Lionel Terry killed Joe Kum Yung to draw attention to his crusade to rid New Zealand of Chinese people.

Race killing in Haining St, Wellington

1906  U.S. President Theodore Roosevelt proclaimed Devils Tower in Wyoming as the nation’s first National Monument.

1914 Sir John Kerr, 18th Governor-General of Australia, was born (d. 1991).

1917 – Ten New Zealand soldiers were killed when they were hit by a train at Bere Ferrers in the United Kingdom.

1935  Earl Bascom and Weldon Bascom produced the first rodeo ever held outdoors under electric lights at Columbia, Mississippi.

1936 Jim Henson, American puppeteer, was born (d. 1990).

1941 Linda McCartney, American singer, fashion designer and photographer, was born (d. 1998).

1942 Gerry Marsden, English singer (Gerry & The Pacemakers), was born.

1946  Cathay Pacific Airways was founded in Hong Kong.

1947 The Majestic 12 committee was allegedly established by secret executive order of President Harry Truman.

1948  The Honda Motor Company was founded.

1950  Forest fires blacked out the sun over portions of Canada and New England. A Blue moon (in the astronomical sense) was seen as far away as Europe.

1957  Camp Nou, the largest stadium in Europe, was opened in Barcelona.

1957 President Dwight D. Eisenhower sent 101st Airborne Division troops to Little Rock, Arkansas, to enforce desegregation.

1962  United States court of appeals ordered the University of Mississippi to admit James Meredith.

1968  60 Minutes debuted on CBS.

1973  Guinea-Bissau declared its independence from Portugal.

1979  Compu-Serve launched the first consumer internet service, which features the first public electronic mail service.

1990  Periodic Great White Spot observed on Saturn.

1994  National League for Democracy was formed by Aung San Suu Kyi and various others to help fight against dictatorship in Myanmar.

1996  U.S. President Bill Clinton signed the Comprehensive Nuclear-Test-Ban Treaty at the United Nations.

2005  Hurricane Rita made landfall in the United States, devastating Beaumont, Texas and portions of southwestern Louisiana.

2008  The Trump International Hotel and Tower in Chicago was topped off at 1,389 feet (423 m), at the time becoming the world’s highest residence above ground-level.

2009 – The G20 summit began in Pittsburgh with 30 global leaders in attendance. It marked the first use of LRAD in U.S. history.

2013  A 7.7-magnitude earthquake struck southern Pakistan, killing more than 327 people.

2014 – The Mars Orbiter Mission (MOM), a Mars orbiter launched into Earth orbit by the Indian Space Research Organisation (ISRO), successfully inserted into orbit of Mars.

Sourced from NZ History Online & Wikipedia


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