Rural round-up

July 7, 2015

Is A2 milk about to leap forward? _ Keith Woodford:

Shares in The a2 Milk Company (coded as ATM on the NZX stock exchange) have increased from 48.5 cents on 29 May to 75 cents at 3 July. The market capitalisation has risen from $330 million to $495 million. Where the shares will go in the next few weeks is a journey into the unknown.

What is known is that some of the international big boys have been putting together a syndicate to purchase ATM (also listed jointly on the Australian exchange as A2M). The publicly announced parties are America’s Dean Foods and Australia’s Freedom Foods. But in the background are Australia’s Perich family, Australia’s Moxey family, and China’s New Hope agri-food conglomerate. And hovering nearby is Richard Liu from the rapidly growing Chinese online marketer JD.com. . .

Top Performing Sheep Farmers And Industry Leaders Celebrated:

Sheep farmers have celebrated the top performers in their industry at the Beef + Lamb New Zealand Sheep Industry Awards in Invercargill tonight.

This is the fourth year the awards have been held and Beef + Lamb New Zealand chief executive, Dr Scott Champion said the awards night was a wonderful way to showcase the sheep industry – a major contributor to the New Zealand economy.

“The industry has and continues to make huge progress – for instance, while the number of sheep has halved in the last 25 years, lamb production has only fallen by seven per cent. Improved genetics is part of this fabulous productivity improvement story and tonight’s winners are leading the way in sheep genetics.” . .

 

Marlborough Lines takes 80% stake in Yealands Wine for $89M – Suze Metherell:

(BusinessDesk) – Marlborough Lines has bought an 80 percent stake in Yealands Wine Group, New Zealand’s sixth-largest wine exporter, for $89 million.

The South Island electricity lines company took control from founder Peter Yealands, who wanted to keep the winery fully New Zealand owned, the companies said in a joint statement. Marlborough Lines is debt free and had realised $100 million in cash from investments which it wanted to reinvest locally.

“Opportunities to invest in the electricity industry are limited and this led to us looking to other options,” said Marlborough Lines managing director Ken Forrest. “We are satisfied that this will be a successful investment which will broaden our asset base for the benefit of the people of Marlborough.” . .

 

New phase for NAIT programme

July is the start of the next phase for OSPRI’s NAIT programme with the three-year exemption period for pre-NAIT cattle now over. This means that all cattle must be tagged and registered in the NAIT system, even if they are not leaving your property or were born before the NAIT programme launched in July 2012 (the transition period for deer ends on 1 March 2016).

Dr. Stu Hutchings, OSPRI Group Manager, says, “Our goal is to get everybody on board with NAIT so we can all reap the benefits of tighter TB control and continued access to export markets. The only way to make this happen is if farmers play their part and fulfil their NAIT obligations.” . . .

 

Fonterra Updates Progress of Its Business Review:

Fonterra Co-operative Group Limited today provided an update on the business review it announced in March this year.

Fonterra Chief Executive Theo Spierings said the purpose of the review is to ensure that Fonterra is best placed to respond to a rapidly changing global environment.

The initial phases had looked at the entire business in detail and had identified potential areas, including significant initiatives in procurement, business operations and working capital, where the Co-operative can unlock increased value for its owners. . .

 

Silver Fern Farms chief executive appointed to deer board:

Silver Fern Farms chief executive Dean Hamilton has been appointed to the Deer Industry New Zealand (DINZ) board for a three year term.

Mr Hamilton joined the board as a venison processor-appointee on 1 July, replacing Dr Andrew West at the end of Dr West’s three-year term.

Deer Industry New Zealand chair Andy Macfarlane welcomed Mr Hamilton.

“Silver Fern Farms is our largest venison processor and marketer and we are very pleased to now have a close connection to that company through Dean’s appointment. To have a leader of his calibre on the board will be an asset for DINZ and is a good signal of Silver Fern Farms’ commitment to the deer industry.” . . .


Rural round-up

April 23, 2015

Show Me Sustainable Dairy Farming:

Pakotai dairy farmers, Rachel & Greig Alexander, winners of the 2015 Northland Ballance Farm Environment Supreme Award, are hosting a field day at their Award winning property at 3305 Mangakahia Road on Thursday 7th May 2015.

Their dairy farm will be open to all interested parties, commencing at 10.30am, with the day concluding with a light lunch at approximately 1.30pm.

The field day will provide the opportunity for visitors to learn how Rachel and Greig interpret ‘sustainability’ in their farming business. The Alexanders will explain how they incorporate sustainability into their day to day operation while still achieving bottom line profitability across the farming business, which also includes a beef operation and forestry. . .

Farming finalists a family success:

One of the three finalists for a major Maori farming award has opened its gates to visitors for a field day.

Mangaroa Station, about an hour inland from Wairoa, is a finalist in this year’s Ahuwhenua Trophy for Maori excellence in sheep and beef farming.

Owners Bart and Nukuhia Hadfield showed judges the farm and stock yesterday and are running the field day today.

Mr Hadfield said the history of how the couple came to own the station was a major part of their entry into the awards. . .

NZ cow’s milk product wows Mexican dermatologists:

Hamilton-based company, Quantec Ltd, has successfully launched its world-first anti-acne cream to hundreds of Mexican dermatologists in Mexico City this month.

Quantec’s product, a clinically-proven anti-acne cream derived from cow’s milk called Epiology, was first launched into New Zealand pharmacies in May 2014.

Quantec founder and managing director Dr Rod Claycomb said it was the product’s success nationally that spurred Quantec to swiftly take the product global. . .

The New Zealand Seafood Industry has lost a titan with the death of Philip Vela:

The New Zealand seafood industry has lost a titan with the death of Philip Vela.

“Philip Vela was an early pioneer in the development of the hoki, orange roughy, tuna and squid fisheries. He continued to be a major player and innovator in New Zealand fisheries – a business where only the strongest of the strong have survived over these past 40 years,” Deepwater Group chief executive George Clement said.

“As such, the New Zealand seafood industry owes Philip and his brother Peter a huge debt. . .

Battle For Our Birds a great success:

Conservation Minister Maggie Barry says the success of the Battle For Our Birds programme is a welcome victory for endangered native species.

The Department of Conservation today released preliminary monitoring results for the eight-month long anti-predator campaign.

“There are thousands more native birds alive today than there would have been without the work done by DOC’s Battle For Our Birds last summer,” Ms Barry says.

“If we had done nothing and treated it as business as usual, the rat and stoat plague accompanying last year’s beech mast would have wiped out local populations of some of our rarest birds such as the kakariki, mohua/yellowhead or whio/blue duck.” . .

On the road again – RCNZ workshops being held in May:

Rural Contractors New Zealand (RCNZ) will be on the road again this May updating its members on the latest changes in health and safety, transport and employment laws – as well as other topics – in a series of roadshows being held around the country during May.

RCNZ chief executive Roger Parton says the roadshow presentation will cover off the proposed new Health & Safety legislation and regulations, the Safer Farms programme and Codes of Practice for using tractors and other self propelled agricultural vehicles and what these changes will mean for rural contractors. . .  

Farmers encouraged to check they are registered with Beef + Lamb New Zealand for referendum vote:

Beef + Lamb New Zealand (B+LNZ) is encouraging farmers to check they are registered to vote in the sheep and beef levy referendum that will be held later this year.

All sheep, beef and dairy farmers will be able to vote on continuing to invest in programmes run by B+LNZ, which are designed to support a confident sector with improved farm productivity, profitability and performance.

B+LNZ Chief Executive Dr Scott Champion said it’s important that famers ensure they are on the roll and that their details are up to date. . .

OVERSEER 6.2’s new irrigation module now live through the new OVERSEER website:

OVERSEER 6.2 went live last night after a month-long OVERSEER road show that attracted hundreds of farmers and farm advisers willing to learn how to use the new irrigation module.

Full technical notes and the updated Data Input Standards have been released with OVERSEER 6.2 through a brand new website and OVERSEER’s General Manager Dr Caroline Read says users have everything they need to get up to speed.

“We’ve been working with IrrigationNZ since the start of the year to forewarn irrigators that OVERSEER 6.2 would be launched this month. Regional councils in popular irrigation areas have also been getting the message out. Farmers and growers can now work with their advisers to make sure their OVERSEER data is in line with what the new irrigation module requires,” says Dr Read. . .


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