Rural round-up

Federated Farmers praises farmers on Lake Brunner improvement:

Federated Farmers is praising the efforts of local farmers in improving the water quality of the West Coasts largest river, Lake Brunner.

Years of hard work by the Lake Brunner farming community has resulted in the water quality target, set out by the government, being reached five years ahead of schedule.

“The early achievement of the target is a great example of how we can reverse deteriorating water quality when farmers work together to reach a shared objective,” says Federated Farmers West Coast President Katie Milne. . . 

Curse of the Christmas tree – Lachlan Forsyth:

It’s arguably the biggest pest in New Zealand, but one of the least known.

Pinus contorta, otherwise known as wilding pine, may look like a lovely Christmas tree, but it is a vicious weed which is strangling the life out of our forests.

It has already infested seven percent of the country – 1.7 million hectares.

Left unchecked, it’ll infest 20 percent of New Zealand within two decades.

Not to be confused with pinus radiate, the common tree in forestry blocks, pinus contorta is a nasty, twisting tree, and it is rampant. . . 

Rabobank Global Beef Quarterly Q4: Ongoing Tight Supply to Support Prices:

Tight supply will support prices in 2016 as demand is expected to remain firm even though supply pressure is easing. China and the US will be the main import markets to watch in 2016—in particular the strength of demand, given high prices. According to Rabobank’s Global Beef Quarterly Q4 2015 report, Australia, Brazil, India and the US will be the main exporters to watch—in particular the supply of cattle and beef, in response to rebuilding pressures at different points in the cycle.

China continues to play a critical role in the global beef market despite a slowing economy. Although the domestic market has been volatile due to the impact of the grey channel, it will continue to offer sustainable opportunities for the rest of the world. . . 

NZ lamb exports likely to drop this season amid weak demand in China, UK – Tina Morrison:

(BusinessDesk) – New Zealand farmers are heading for lower returns for their lambs this season amid weakness in the country’s two largest export markets in China and the UK.

While prices for the first of the new season lambs processed in October and November for the UK Christmas chilled market were similar to last year, that won’t be enough to offset weakness in the broader market as the season cranks up to its peak production period from now through till May, according to AgriHQ senior analyst Nick Handley. . . 

1080 report shows poison being used responsibly:

The latest report by the Environmental Protection Authority on the use of 1080 in New Zealand provides further reassurance to the public that the poison is safe and is being used responsibly, Environment Minister Dr Nick Smith says.

“1080 is a vital tool in protecting our native wildlife, like Kiwi, and preventing the spread of bovine tuberculosis. The area of land treated has doubled to almost one million hectares because of the “Battle for our Birds” but with very few incidents. This is a huge credit to the professionalism of the Department of Conservation (DOC) and TBFree New Zealand. . . 

Landcorp inks agreement with iwi for Sweetwater farm in Northland – Tina Morrison:

(BusinessDesk) – Landcorp Farming, New Zealand’s largest corporate farmer, will continue to be involved in the management of Northland farm Sweetwater after iwi take ownership of the property under a Treaty of Waitangi settlement.

Northland iwi Te Rarawa and Ngai Takoto will take ownership of the 2,480 hectare property near Kaitaia tomorrow, as part of a 2010 settlement. Landcorp, which has been managing Sweetwater in consultation with the iwi, will continue to provide farm management expertise, livestock and technology under a new joint-management and profit-sharing arrangement, the Wellington-based state-owned enterprise said in a statement. . . 

HBRIC Ltd Update:

Hawke’s Bay Regional Investment Company Ltd (HBRIC Ltd) is confident it can confirm a preferred investor mix for the Ruataniwha Water Storage Scheme before the end of the year.

HBRIC Ltd told today’s Hawke’s Bay Regional Council meeting that intensive work is being done with three potential investors and it continues to target the end of the calendar year to confirm investors for the scheme. However it says it won’t make the decision public until very early in the New Year. . . 

Kaingaroa Timberlands profit rescued by foreign exchange gain as log prices fall – Sophie Boot:

(BusinessDesk) – Kaingaroa Timberlands, the nation’s biggest forestry business, posted a 37 percent gain in full-year profit as a foreign exchange gain more than made up for a drop in international log prices.

Net profit rose to US$332.8 million in the year ended June 30, from US$243.7 million a year earlier, according to the company’s financial statements. Profit included a US$281 million gain on foreign exchange movements, compared to a year-earlier charge of US$149.7 million. Revenue fell 22 percent to US$355.2 million, of which the bulk came in reduced log sales. . . 

Rural and Southern businesses best place for work life balance:

If you are planning to start a new business in the New Year and still want to have some time to enjoy the best of the Kiwi lifestyle, it could be worth thinking about moving to the country or heading down South.

According to the latest MYOB SME research, a net 54 per cent* of business operators working in rural New Zealand are satisfied with their work/life balance, while only 45 per cent of those working in the city are happy with how they split their time between work and leisure. . . 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: