Rural round-up

May 15, 2013

Government approves kiwifruit Psa plan:

A national management plan for dealing with the kiwifruit Psa virus has been formally approved by the Government, Primary Industries Minister Nathan Guy has announced today.

“This plan means that the primary responsibility for managing Psa is now moving to the industry themselves as they are best placed to co-ordinate and lead the response.

“As part of this, the Government has approved a levy rate on exported kiwifruit equating to one cent per tray for green fruit and two cents a tray for gold fruit. This will help cover disease management, monitoring, plant material movement and dealing with unmanaged and abandoned orchards.

“The levy has been voted on by growers and will have a shortfall until yields return to pre-Psa levels. Therefore Cabinet has agreed that $3.5 million remaining from the initial Government funding of $25 million will be passed to Kiwifruit Vine Health (KVH) to implement the plan. . .

Enrolments to close for leading farm business management programme:

Applications are to close at the end of this month for this year’s Rabobank’s Executive Development Program, Australasia’s leading agricultural business management course for leading primary producers.

Now in its fourteenth year, the prestigious Rabobank Executive Development Program gives leading New Zealand and Australian farmers, from a range of agricultural sectors, the opportunity to develop and enhance their business management skills.

Rabobank CEO New Zealand Ben Russell said the Executive Development Program is designed to assist farmers improve primary producers’ ability to manage the challenges of agriculture and plan for the growth of their farming businesses. . .

Farm Environment Ambassadors Study Marketing of New Zealand Produce in Asia:

An industry-backed trip to Asia has given Otago farmers Blair and Jane Smith a deeper understanding of the challenges facing marketers of New Zealand meat and dairy products.

National winners of the 2012 Ballance Farm Environment Awards, the Smiths recently returned from South Korea, China, Taiwan and Singapore, where they visited a number of key markets for New Zealand sheep, beef and dairy products.

The purpose of the 16-day trip was to learn more about offshore markets, exchange views on topics of crucial interest to New Zealand farmers and to showcase New Zealand’s stance on agricultural sustainability. . .

Announcement of Intention to IPO:

Synlait Milk Limited (Synlait Milk) advises that it is considering an initial public offering (IPO) of shares and to list on the NZX Main Board.

Synlait Milk is currently 49% owned by Synlait Limited and 51% owned by Bright Dairy & Food Co., Ltd (Bright Dairy).

Prior to any shares being allotted under ny IPO, Synlait Limited has advised Synlait Milk that it intends to distribute to its shareholders, on a pro-rata basis, the shares it holds in Synlait Milk. . .

PGG Wrightson annual earnings to fall by up to 27% on drought, lower livestock values:

PGG Wrightson, the rural services company which fell out of the NZX 50 Index this year, expects annual earnings to fall by as much as 27 percent as dry conditions on both sides of the Tasman and lower livestock values erode prices.

The Christchurch-based company expects earnings before interest, tax, depreciation and amortisation of between $40 million and $48 million in the 12 months ended June 30, down from $55 million in 2012, it said in a statement. The decline was put down to the dry climate in Australia and New Zealand, lower livestock value and falling earnings from its Agri-feeds unit after disposing of its 4Seasons Feeds joint venture. . .

Irrigation Event Needs More ‘Owner Operator’ Irrigator Support:

The irrigation industry is rapidly moving away from a ‘No 8 wire mentality’ as next week’s Great Irrigation Challenge in Ashburton will demonstrate, says IrrigationNZ – but more ‘owner operator’ irrigators need to rise to the challenge.

On May 23 and 24 at Ashburton Racecourse, IrrigationNZ, with the support of principal sponsor Aqualinc, will host a series of hands-on workshops aimed at up-skilling and professionalising both irrigators and their support industries.

While more than 100 irrigators, irrigation scheme representatives and industry advisors from across New Zealand have signed up, IrrigationNZ wants to see more ‘owner-operator’ irrigators attend. . .

Southland’s Morning Milking Roll Call:

Georgia Donaldson discovered some ‘udderly amazing’ facts when she came face to face with about 500 cows on Fonterra Shareholders Allan and Ann Black’s farm in Invercargill this morning.

Each Jersey cow can produce at average 4100 litres of fresh milk a year – enough for more than 20,000 packs of Fonterra Milk for Schools milk.

Georgia was one of several children from 12 Invercargill schools invited to learn about the source of their daily dose of nutrition, and how it can help them concentrate in the classroom and, in this case, outside of it. . .


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