Gallagher is continuing to gain recognition for its commitment to international markets, picking up two prestigious awards at the 2016 Air New Zealand Cargo ExportNZ Awards tonight.
In recognition of his vision, determination and success, Gallagher Chairman and Chief Executive Officer, Sir William Gallagher, was named Exporters Champion for exemplary services to export, and the Gallagher business was named Exporter of the Year (total sales over $25 million).
Recognised as one of New Zealand’s most astute businessmen, Sir William has grown Gallagher into one of the largest and most successful private companies in New Zealand, employing almost 800 people domestically, another 400 globally and with annual revenues of more than $200 million. . .
The Rabobank global beef index ticked up in Q1 2016 after declining for much of 2015. However it shows signs of dropping again as softening prices in the US and Canada battle strengthening prices in Australia and Brazil, according to the Rabobank Global Beef Quarterly Q2 2016.
“Volatility is a key theme across most markets at the moment“, says Angus Gidley-Baird, Senior Animal Protein Analyst at Rabobank. “A range of factors are creating a degree of uncertainty, including the economy and exchange rates influencing Brazil, seasonal conditions impacting Australia, the economy impacting China, and market volatility impacting the US”. . .
Venison exporters and Deer Industry NZ (DINZ) are promoting new cuts to chefs to increase returns from the whole deer carcass and to help keep venison on restaurant menus.
Venison production to April this year was down 20% on the same period last year, driven by herd rebuilding, with the hind kill down 25%. On 13 June the average stag venison schedule stood at $7.55 a kilogram, versus $6.67 a year before, an increase of 13%, despite a steady firming of the Kiwi against the US dollar and Euro in recent months. . .
(BusinessDesk) – Australian-listed dairy company Bega Cheese has released an opening farmgate milk price for the 2016/2017 season of A$5 per kilogram of milk solids, claiming analysts are not expecting an improvement in dairy commodity returns until the first half of next year.
Fonterra Cooperative Group and Australia’s biggest dairy processor Murray Goulburn are yet to announce their opening forecast for the new season in Australia though last month Fonterra set an early price of $4.25 for New Zealand suppliers. That was up 35 cents on the forecast milk price for the 2015/2016 season. Murray Goulburn said it would release its opening forecast after a board meeting at the end of this month. . .
Conservation Minister Maggie Barry has announced this year’s Dirty Dozen plants as part of the ongoing War on Weeds.
“This year we are going to have a baker’s dozen of weeds – with enemy number one the wilding conifer,” Ms Barry says.
“Wildings now cover approximately 1.8 million hectares of land and are advancing at around 5 per cent a year. They transform entire landscapes, ruin native ecosystems and take over productive land indiscriminately.
“Budget 2016 committed an extra $16 million over the next four years to control their spread and by working with regional councils, landowners and community groups we believe we can stem their advance.” . .
Stricter new rules for approved quarantine facilities will reduce the chance of unwanted pests or diseases arriving in New Zealand from imported goods, says the Ministry for Primary Industries.
MPI released new rules earlier this month for New Zealand-based “transitional facilities”, which are used by importers to hold goods before they are checked for contaminants such as hitchhiking bugs or reptiles.
“The changes will see a major biosecurity shake-up for these facilities, particularly in the areas of training and auditing requirements,” says Paul Hallett, MPI Manager, Biosecurity and Environment. . .
Chicken processor Tegel’s strong local sales and record export earnings have led it to turn in a better full-year profit than forecast in its first year as a listed company.
The company, which listed on the New Zealand and Australian exchanges last month, reported a net profit of $11.3 million for the 12 months to late April.
That compares with a profit of $8.7m the year before and a forecast of $10m when it listed last month. . .