Rural round-up

05/09/2014

New forestry body provides unity – Alan Williams:

The linking of the forest products processing and manufacturing sector in one industry organisation should set it up to be internationally competitive, the group says.

It would also allow the Government to see the sector as a major industry entity, in the same way it sees Fonterra in the dairy sector, Wood Processing and Manufacturing Association (WPMA) chief executive Jon Tanner said.

The new association was launched officially in Wellington last week but has been operating for a couple of months. 

It links the entire processing supply chain outside the forest boundary – businesses involved in pulp and paper, packaging, solid wood, engineered wood, and a lot else, including the Frame and Truss Manufacturers Association, which will continue as a separate entity within the overall umbrella. . . .

A2 cornerstone shareholder Freedom Foods buys $589k of shares after dilution – Paul McBeth:

 (BusinessDesk) – ASX-listed Freedom Foods Group bought almost one million shares of A2 Milk Co this week for about $589,000 after its stake was diluted in the past year due to the issue of partly-paid shares.

The Sydney-based food company bought 942,500 shares in four transactions in A2 this week at an average price of about 62.5 cents, according to a substantial shareholder notice filed to the NZX. Freedom Foods holds about 117.9 million shares, or 17.9 percent of A2, leaving it as the biggest shareholder in the milk marketing company.

Because A2 issued partly-paid shares to executives earlier this year, Freedom Foods’ stake was diluted down from 18.1 percent when it made its last disclosure in December 2012. . . .

Venison prices on the move:

European market prices for chilled New Zealand venison are reported to be up about 5 per cent on last year, with exporters hopeful of reduced competition from European game meat supplies. But prices to farmers are currently being held back by a stronger New Zealand dollar.

Venison exporters have recently indicated they see the venison schedule potentially reaching $8/kg for 55-60 kg AP stags. This would be similar to the 2012 national average published schedule peak of $7.95/kg and much better than last year’s peak of $7.40/kg.

The main factor restraining prices to farmers at this point in the traditional chilled game meat season is currency, with the Kiwi dollar 8.4% stronger against the Euro than at the same time last year. This is reflected in an average schedule that is 7% weaker. . . .

Look for rooks :

 Thousands of eyes on the ground are needed to help Otago Regional Council (ORC) eliminate rooks.

Its rook control programme has begun and runs until November. The council is asking people to look out for rooks and their rookeries.

Anyone noticing rooks in Otago can call Malcolm Allan on 027 278 8498, or ORC on 0800 474 082 or email info@orc.govt.nz

At their peak there were several thousand nesting rooks in Otago but their numbers have been drastically reduced through the council’s control programmes.

Rooks, part of the crow and raven family, are larger than magpies and totally black. . . .

New Ballance director brings new dimension:

Ballance Agri-Nutrients has appointed Genesis Energy Chief Executive Albert Brantley as a new independent director to its board.

The farm nutrient co-operative reconfigured its board in 2012 to include three appointed directors to work alongside six regional directors elected by its farmer shareholders.

Ballance Chairman David Peacocke says independent directors are crucial to the governance of the co-operative with its turnover of close to $1 billion and profits of $90 million.

“We have come a long way from being a simple fertiliser company. We have divisions including complex fertiliser and feed manufacturing, we are developing leading edge farm technology and we are an integral part of the agricultural sector which drives our economy. A combination of farmer directors and appointed directors ensure we have the balance of skills, experience and perspectives for good governance. We take our commitment to performing consistently for our farmer shareholders seriously, and having strong governance is an essential component of this.” . . .

 

 New Zealand Avocado Launches New Campaign at Asia’s Largest Fresh Produce Trade Show:

 New Zealand’s avocado industry will launch its new export market promotional material at Asia’s leading fresh fruit and vegetable trade show Asia Fruit Logistica (AFL) this week in Hong Kong.
Jen Scoular, Chief Executive of New Zealand Avocado, says the new marketing collateral positions New Zealand avocado as a premium product promoting quality, safety and health.

“The unique property of New Zealand grown avocados that we will promote in Asia is time. New Zealand grown avocados hang on the tree for much longer than in other producing countries – at least a year, during this time they are fed by the generous rainfall and sunshine all the while being nurtured by our dedicated growers,” says Scoular. . . .


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