Dairy downturn has a $1.3b impact on Waikato/Bay of Plenty farmers – Gerald Piddock:
The dairy slump has ripped more than a billion out of Waikato and Bay of Plenty farmers’ pockets, new figures show.
Farm consultancy group AgFirst’s 2016 Financial Survey shows the average dairy farmer’s net cash income was down $273,000 last season.
When multiplied by the region’s 4800 dairy farms, that’s $1.3b in lost income.
The big question was how much longer farmers could maintain the current situation where they had drastically reduced expenditure, AgFirst consultant Phil Journeaux said. . .
Wintry blast hits farmers hard – Matt Shand:
The milking shed has frozen shut at Taharua Valley Farm as 200 dairy cows huddle together waiting for the problem to be fixed.
At 783 metres above sea level, the 2000-cow PenXing Group Milk New Zealand farm is one of the hardest hit by the recent snowstorm. Just over 100 metres lower in Taupo, the snow was a fun novelty. But here it is causing serious challenges.
There is no such thing as time off for farmers and farmhands. Hot water and heaters are used to help thaw the shed out so it can hopefully milk animals tonight. . .
The snow has come again – Keith Woodford:
Every year we all talk about the weather and how fickle it is. This year is no different. In most parts of the country, June and July were unseasonably warm. Where I am in Canterbury, winter grass growth has possibly been higher than ever before. Grass covers at the start of August were excellent.
In contrast, last year was one of the coldest winters on record, with many South Island farms getting no net growth in June and July. That year, there was a string of southerlies, whereas this year warm winds were blowing over the Alps. . .
A team of Ministry for Primary Industries investigators today executed a search warrant at an alleged unregulated meat premises in Turangi.
This was the culmination of a six month undercover operation involving the purchase of considerable quantities of venison, lamb and pork products from a local Turangi man.
The man is now being spoken to by MPI investigators in relation to the alleged sale of meat from an unregulated premises.
MPI Compliance Operations Manager, Gary Orr, says a decision will be made shortly as to whether charges will be laid under the Animal Products Act. . .
Turners & Growers Global has posted an 89 percent gain in first-half profit driven by sales from new and existing businesses and a one-time gain from the sale of its crate hire unit.
The fruit marketer is controlled by Germany’s BayWa but is Auckland based. Their product base includes apples, pears, mandarins, coconuts and kiwifruit.
T&G profit rose to $22.7 million, or 18.2 cents a share in the six months ended June 30, from $12m, or 9.8 cents, a year earlier. Sales rose 14 percent to $423m. . .
Fonterra Shareholders’ Council to get clearer mandate – Paul McBeth
(BusinessDesk) – The Fonterra Shareholders’ Council, which represents farmer interests in the world’s biggest dairy exporter, is poised for a refreshed mandate with clearer guidelines on how it interacts with the milk processor.
The council and Fonterra Cooperative Group are seeking feedback from farmers on a series of proposals to update the group’s governance to make the council’s role clearer, explain how it works with Fonterra’s board and management, and improve communication with farmer shareholders. Farmers are expected to vote on any changes to the council’s governance at a special meeting in mid-October. . .
After an extensive international search, award winning boutique vineyard Chateau Waimarama, has lured leading Bordeaux wine consultant Ludwig Vanneron half way across the world to be its wine specialist.
Ludwig Vannerons’ stellar career has seen him work in prestigious and major wine areas of Bordeaux, managing the winemaking process in estates from small chateau Bordeaux appellation properties to great classified growths. . .