New Zealand is back in lockdown and hopes of an early border reopening have been dashed, but the cows still have to be milked. And injecting a cheerful note into an otherwise downcast country this week, prices at the latest Fonterra global auction broke a losing run of eight consecutive falls, banishing fears that the opening price for the season might have to be trimmed.
The co-operative has set the opener for the 2021/22 season at between $7.25kg/MS to $8.75 with a mid-point of $8. Its previous highest-ever opening price was $7kg/MS.
At this auction, the price index lifted 0.3% from the previous auction a fortnight ago, with the average price at US$3,827. Prices for skim milk powder, butter and anhydrous milk fat rose, while whole milk powder declined. The average price is sitting 21% higher than at the same time last year. . .
An exciting chapter for wool – Annette Scott:
Wool growing as a business has been tough going in recent times but that is about to change as two major wool entities shore up a merger.
Wools of New Zealand (WNZ) and Primary Wool Co-operative are on the road promoting the benefits of their proposed merger ahead of the groundbreaking vote in November.
Primary Wool chair Richard Young told farmers at a meeting in Darfield the merger will mark the start of an exciting chapter for the wool sector.
“This is structural change that will act as a launch pad for NZ to truly realise the full potential of wool,” Young said. . .
A dome away from home – it’s the glamorous way of camping – Ashley Smyth:
Ask Amber and Patrick Tyrrell why they love what they do, and they are quick to tell you – it is the people, the people, the people.
The Otiake couple are the brains and determination behind Valley Views Glamping, which has been quietly overachieving in the accommodation sector for just over four years.
Valley Views offers completely off-grid, eco-friendly, luxury accommodation in six geodesic domes, and it delivers what it says on the packet, with expansive and impressive views over the Waitaki Valley.
Mr Tyrrell is South African-born, and Mrs Tyrrell (nee Slee) grew up not far from where they are based now. . .
Produce company Seeka has posted a 12 percent increase in profits for the first half of the year, driven by more volume coming through its kiwifruit business.
The company, which is the country’s largest kiwifruit grower, said net profit after tax was $20.6 million in its interim, unaudited results, up from 18.4million in the first half of last year.
Shareholders will also receive a dividend of 13 cents per share.
Seeka chief executive Michael Franks said he was pleased with the result. . .
Strong demand from the rural and industrial sectors has helped the rubber goods manufacturer Skellerup deliver a record profit.
The company makes hoses, nozzles and gumboots for the rural sector, and parts for boats, cars and kitchen appliances. It is perhaps best known for its red band gumboots.
Key Numbers . . .
As entries open for the Ballance Farm Environment Awards, Bayleys is proud to continue as sponsor of the Bayleys People in Primary Sector award, one of several offered in the prestigious farming competition.
Bayleys’ People in Primary Sector award recognises the effort made by entrants to attract, keep, and develop quality talent within their farming operations, while also incorporating the intrinsic values of environmental protection and outstanding farm management.
Bayleys is proud to support such an important initiative within the rural sector. Utilising our national rural network, it is an opportunity to showcase those individuals leading the way on farm and in their community. . .