Rural round-up

NZer Matt Smith breaks world shearing record:

New Zealander Matt Smith has broken one of the biggest world records in shearing sports in England overnight.

He smashed the world solo nine-hours ewe shearing record with a new tally of 731 in the first global shearing record attempted in the Northern Hemisphere.

The previous record of 721 had stood for more than nine years since being shorn by Hawke’s Bay shearer Rodney Sutton in 2007.. . 

Farm survey shows confidence subdued but steady:

Farmer confidence has picked up slightly since surveyed last in January but remains weak, according to Federated Farmers’ July 2016 Farm Confidence Survey.

The survey was conducted immediately after the Brexit decision and this appears to have dampened farmer confidence in the global market, on top of their existing concerns about the domestic scene, president of Federated Farmers Dr William Rolleston says.

“The strength of the global economy, post Brexit, is weighing heavily on farmers’ expectations. . . 

Leading Kiwi farmers join global master class on fact-finding mission to Zambia:

Six New Zealanders were among a select group of 20 leading farmers from around the world to recently attend a Rabobank Global Farmers Master Class in Zambia.

The week-long education program – which comprised alumni of previous Rabobank Global Master Class events held around the world – brought together farmers from nine key food and agriculture-producing countries to observe the potential of the Zambian agricultural sector and to discuss the challenges facing local producers. The program saw participants visit a range of agricultural operations in Zambia’s Lusaka and Mkushi regions and hear from a number of key Zambian agriculture industry participants. . .

Challenges as Marlborough wine industry booms  Shannon Redstall:

Wine production in Marlborough is tipped to increase by 25 percent over the next five years so industry leaders are meeting to today to plan for the future.

The movers and shakers of the Marlborough wine industry are holding a meeting today to discuss the future of one of the country’s biggest exports.

Results from the recent Marlborough Labour Market Survey, a joint initiative by Wine Marlborough, New Zealand Winegrowers and Marlborough District Council, show the industry is rapidly expanding. . .

Predator-Free New Zealand Critical to Dairy Industry:

Fonterra has welcomed the Government’s goal of New Zealand becoming predator free by 2050.

“This is a hugely significant goal, and one that the dairy industry shares,” said Carolyn Mortland, Fonterra’s Director of Social Responsibility.

“A predator free New Zealand would have significant benefits for New Zealand’s environment as well as help with animal TB eradication.”

TB and other diseases carried by possums and rats carry a high on-going cost to farmers, as well as to dairy companies investing in pest control for the protection of production facilities. . . 

Allied Farmers shares jump 16% on earnings upgrade – Paul McBeth:

(BusinessDesk) – Allied Farmers shares jumped 16 percent after the rural services firm gave a rosier view on annual earnings due to a better than expected performance from its livestock division.

The Hawera-based company said pre-tax profit was between $1.4 million and $1.6 million in the year ended June 30, up from $1.11 million a year earlier. The final result will be released on by Aug. 29. The shares climbed 0.7 of a cent to 5 cents, valuing the company at $8.3 million.

“A large portion of NZ Farmers Livestock’s income is budgeted to be received in May each year, due to the timing of dairy herd sales,” chairman Garry Bluett said. “ . .

 

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