Rural round-up

Funding boost to strengthen biosecurity:

A boost of $18.4 million of operating funding over four years from Budget 2017 will help further strengthen the biosecurity system and protect our borders, Primary Industries Minister Nathan Guy says.

“Biosecurity has always been my number one priority as Minister because the primary sector is the backbone of our economy. Unwanted pests and diseases have the potential to cause major damage to our producers,” Mr Guy says. . . 

Beef + Lamb New Zealand welcomes Budget biosecurity investment:

Beef + Lamb New Zealand (B+LNZ), on behalf of sheep and beef farmers, has welcomed the Government’s additional investment in biosecurity, announced in the Budget today.

Beef + Lamb New Zealand Chief Executive, Sam McIvor said the additional $18.4 million recognised that biosecurity was a risk to primary production and a threat to the wider New Zealand economy.

“We’re pleased the Minister for Primary Industries, the Hon Nathan Guy has made this commitment to biosecurity. . . 

Zespri 2016/17 season results: record sales by volume and value:

A remarkable season of increased yields and the largest-ever New Zealand crop helped lift total Zespri sales volume from New Zealand to a record 137.7 million trays, 18 percent up on the previous year. Sales of kiwifruit from Zespri’s Northern Hemisphere supplying locations also grew by 14 percent to 16.6 million trays, driven mainly by SunGold vines coming into production in Italy.

Zespri Chairman Peter McBride says Zespri sold more fruit faster than ever before during the 2016/17 season, with global fruit sales revenue rising by 19 percent to $2.26 billion. . . 

$30.5m boost to fisheries management:

A significant boost of $30.5 million of operating funding over the next four years in Budget 2017 will upgrade and modernise the fisheries management system, including the roll-out of cameras, monitoring, and electronic reporting on all commercial vessels, Primary Industries Minister Nathan Guy says.

“This funding will help introduce the world-leading Integrated Electronic Monitoring and Reporting System (IEMRS), which will give us arguably the most transparent and accountable commercial fishery anywhere in the world,” Mr Guy says. . . .

Sanford lifts first-half profit 25% as higher value product offsets lower prices for frozen fish – Tina Morrison:

(BusinessDesk) – Sanford, New Zealand’s largest listed seafood company, lifted first-half profit 25 percent as the benefits from selling more higher value fresh seafood offset the impact of lower prices for frozen commodity products and disruption from adverse weather.

Profit rose to $19 million, or 20.4 cents per share, in the six months ended March 31, from $15.3 million, or 16.3 cents, a year earlier, the Auckland-based company said in a statement. Revenue from continuing operations advanced 5 percent to $230.4 million. . . 

Fairton closure inevitable – Allan Barber:

Wednesday’s announcement by Silver Fern Farms of the proposal to close the company’s Fairton plant was in many ways inevitable. Even the workforce appears to have been resigned to the probability for several years. Sad as it is for workers and the Ashburton community, it is better to front up to the certainty than to have to wait for the axe to fall.

The upgrading of Pareora an hour to the south as a modern multi-species meat works, combined with the loss of sheep in the catchment area had effectively sealed Fairton’s fate. The agonised shrieks from politicians of all the opposition parties railing against last year’s approval of the Shanghai Maling investment in SFF were equally inevitable, but completely missed the mark – I am certain the company’s board would have made exactly the same decision without the new shareholding structure, provided the undercapitalised business could have afforded the costs of closure . . 

Sheep and Beef sector welcomes the recent agreement to move forward with the TPP agreement:

Beef + Lamb New Zealand (B+LNZ) and the Meat Industry Association (MIA) welcome the recent statement by the Trade Ministers of the eleven Trans-Pacific Partnership (TPP) countries in Hanoi to work towards bringing the trade agreement into force expeditiously.

The TPP agreement has significant value for the New Zealand sheep and beef sector, particular improved access into Japan for New Zealand beef exports, say B+LNZ CEO Sam McIvor and MIA CEO Tim Ritchie. . . 

Momentum building for mandatory CoOL:

The New Zealand public is clearly showing their desire to have mandatory Country of Origin Labelling (CoOL) Horticulture New Zealand told the Primary Production Select Committee at Parliament today.

The Select Committee is hearing submissions on the Consumers’ Right to Know (Country of Origin of Food) Bill before Parliament.

“Firstly, our recent survey showed that more than 70 percent of New Zealanders want mandatory Country of Origin Labelling (CoOL) for fresh fruit and vegetables,” Horticulture New Zealand chief executive Mike Chapman says. . . 

The rice industry is furious at the existence of “cauliflower rice” – Chase Purdy:

The fight over the US government’s definitions for certain foods has flared up again. It’s no longer just a fight for milk farmers, who’ve grown increasingly angry about plant-based food companies (think soy, almond, and cashews) calling their liquid products “milk.”

For the first time, vegetables are being roped into the debate—all because of the arrival and popularization of “cauliflower rice.”

“Only rice is rice, and calling ‘riced vegetables’ ‘rice,’ is misleading and confusing to consumers,” Betsy Ward, president of industry lobby USA Rice, said in a statement earlier this month. . .  Hat Tip: Eric Crampton

Advertisements

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 )

Twitter picture

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

Facebook photo

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

Google+ photo

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

Connecting to %s

%d bloggers like this: