Beef exports hit $3 billion in record season:
The value of total goods exported was $3.7 billion in August 2015, up $197 million (5.6 percent) compared with August 2014, Statistics New Zealand said today. Meat and fruit exports led the rise.
Beef exports continued to rise, up 46 percent ($61 million) in August 2015 compared with the same month last year. The beef export season runs from 1 October to 30 September.
“With one month to go in the 2014/15 beef export season, beef exports are at a new high of $3 billion,” international statistics senior manager Jason Attewell said. “So far this season, 404,000 tonnes of beef have been exported, and if we export at least 18,000 tonnes next month we’ll surpass the peak 2003/04 season for quantity exported.” . .
June floods cost the primary sector $70 million says MPI:
The Ministry for Primary Industries (MPI) has today released a report on the economic impacts to the primary sector of the heavy rain and flooding that affected the western North Island in June.
The total on-farm cost of the June storm affecting Taranaki and Horizons regions has been assessed at approximately $70 million with up to 800 rural properties affected.
MPI Director of Resource Policy, David Wansbrough, says the greatest impact of the storm was on sheep and beef farms, due to landslides and damage to infrastructure.
“Around 460 sheep and beef farms were affected, some with significant levels of infrastructure damage and lost productive capacity. The on-farm economic impact to sheep and beef farms is estimated to total $57.6 million. . .
When Lyn Neeson, who farms near Taumaranui, saw the Whanganui and Ohura rivers rise rapidly in June, she figured this spelled trouble for farmers downstream and she was right.
Since July she has been working four days a week in Whanganui as the coordinator for the RST. She has the task of assessing the reports coming to her from farmers and people such as Harry Matthews and Brian Doughty who know the region and the farmers.
A major problem is damage to fences, she says. . .
Origin of Beef Informs Shopper Decisions:
Consumer research shows 89 per cent of supermarket shoppers in key international beef markets consider “country of origin”, when deciding which beef product to purchase.
Beef + Lamb New Zealand chief executive Scott Champion says this insight informs how the organisation works on the ground to boost sales of New Zealand origin beef.
“We use a three-pronged approach that gives consumers reasons to buy New Zealand beef ahead of other countries. We tell the New Zealand story – including environment and animal welfare aspects – and highlight our food safety systems, as well as the health and wellbeing attributes of New Zealand beef.” . . .
Dissapointing 2014/15 result for farmers, encouraging signs for coming season:
Fonterra Shareholders’ Council Chairman, Duncan Coull, said the final payout for the 2014/15 season of $4.65 for a fully shared-up Farmer is a disappointing result for the Co-op’s Farmers.
Mr Coull: “While it is encouraging to see the improvement in Fonterra’s performance in the second half of the season Farmers will be disappointed with the 25 cent dividend which was at the lower end of their expectations.
“Farmers had an expectation the business would have been able to take greater advantage of the low Milk Price environment.”
Mr Coull was encouraged by the Co-op’s improved second-half performance which saw many parts of the business operate at a high level. . .
Wool Market Firm:
New Zealand Wool Services International Limited’s C.E.O, Mr John Dawson reports that the South Island sale this week saw a strong market with steady support.
Of the 9,250 bales on offer 84.4 percent sold.
The weighted indicator for the main trading currencies was down 0.72 percent compared to the last sale on 17th September, helping hold up local price levels.
Mr Dawson advises that in line with other Merino growing markets, local prices for Merino Fleece 18 to 23.5 microns compared to when last sold on 10th September, saw a slight easing with prices 2 to 6 percent cheaper. . .
Waikato modelling results show high costs to farmers and region:
DairyNZ is encouraging Waikato dairy farmers to get involved in regional policy development processes after the release of new information highlighting the potential for high costs to their businesses.
Commenting on new modelling released<http://www.waikatoregion.govt.nz/Community/Whats-happening/News/Media-releases/Models-look-at-potentially-very-large-costs-of-improving-water-quality/> today by a group of technical experts, DairyNZ’s strategy and investment leader for productivity, Bruce Thorrold says the analysis shows there is potentially a very high economic and community cost to the region of changing land use and management practices. Estimates range from $1.2 billion to $7.8 billion depending on the degree of improvement in water quality modelled.
“That’s not surprising given the size and importance of the pastoral industry in the Waikato,” he says. . .
Best Sauvignon Blanc in the World for Rapaura Springs in London:
Rapaura Springs Marlborough Sauvignon Blanc 2015 has impressed the judges and taken home the Sauvignon Blanc Trophy at the prestigious International Wines and Spirits Competition (IWSC) in London.
The IWSC was established in 1969 and is one of the world’s pre-eminent wine competitions, held in high regard with consumers and wine trade alike. The formidable reputation of its judging process, and judges themselves, set the standard for wine competitions globally. . .