Power prices heading north for the summer – Richard Rennie:
Farmers looking to renew electricity contracts are being cautioned to expect a shock from new prices as the power industry faces tightening supply conditions amid strong demand from South Island irrigators for electricity.
Ruralco Energy general manager Tracey Gordon is dealing almost daily with co-operative farmer shareholders seeking advice as their electricity contracts come to an end and new ones are being set.
While electricity companies are renegotiating contracts with existing customers, those seeking new supply arrangements might find it more difficult to get on board. . .
An irrigation company has bought the resource consents for the large-scale Hurunui Water Project.
Shareholders on the Hurunui Water Project have voted unanimously to sell the council consents to Amuri Irrigation Company.
Amuri Irrigation chairperson David Croft said the company was aware of a strong desire for irrigation to be delivered to farmers south of the Hurunui River in north Canterbury. . .
Agritourism witha touch of southern hospitality – Tess Brunton:
Southland farmers have started looking for greener pasture – and tourist dollars – by welcoming visitors onto their working properties.
It’s a niche market now, but there are hopes the region could become a mecca for agritourism.
Venture Southland has been running agritourism information workshops across the region this week, attracting more than one hundred people over four sessions.
The velvet market during the 2018-19 season is expected to be reasonably stable, with consumption in Asia increasing in line with production growth in New Zealand.
Apart from a brief downward dip in prices two years ago, driven by uncertainty about regulatory changes in China, NZ velvet production and prices have increased for eight years. . .
Seven years ago, the last time lamb prices were as high as they have been for the last 12 months, overseas customers suddenly decided enough was enough and turned off the tap, causing a sharp drop in price which reached its low point of less than $4.50 per kilo more than a year later. The difference this time appears to be a more gradual climb and a longer peak with no sign yet of a repeat collapse.
The other significant difference is the emergence of China as a key market, whereas in 2012 the traditional markets of UK, EU and USA had to bear the impact of selling to their consumers a product which had effectively priced itself off the market. Today the spread of market demand means more of the lamb carcase can be sold at a higher price; although this doesn’t mean there isn’t some risk of another collapse, there are greater signs of sustainability. . .
Why cows are getting a bad rap in lab-grown meat debate – Alison Van Eenennaam:
A battle royal is brewing over what to call animal cells grown in cell culture for food. Should it be in-vitro meat, cellular meat, cultured meat or fermented meat? What about animal-free meat, slaughter-free meat, artificial meat, synthetic meat, zombie meat, lab-grown meat, non-meat or artificial muscle proteins?
Then there is the polarizing “fake” versus “clean” meat framing that boils this complex topic down to a simple good versus bad dichotomy. The opposite of fake is of course the ambiguous but desirous “natural.” And modeled after “clean” energy, “clean” meat is by inference superior to its alternative, which must logically be “dirty” meat.
See the whole picture here.