High lamb prices will hit profit – Nigel Malthus:
Alliance Group has warned that its annual result, due to be reported in November, will show a drop in profit.
“The financial performance of the company this year will be down… meaningfully,” chief executive David Surveyor told farmers attending the company’s roadshow meeting in Cheviot last week.
However, he assured shareholders the company is profitable, the balance sheet remains “incredibly strong, and for the avoidance of any doubt we have the ability to make sure we build our company forward.” . .
3 M bovis farms confirmed through bulk milk testing – Sally Rae:
Only three farms have been confirmed through bulk milk testing as having Mycoplasma bovis – but the Ministry for Primary Industries says it is too early to speculate about final results.
The second bulk milk surveillance programme was being undertaken now as spring was the best time to test for the disease, the ministry said.
Infected animals were more likely to shed the bacteria after a stressful period, such as calving and the start of lactation.
To date, almost 10,000 of the country’s 12,000 dairy farms had completed two rounds of testing, MPI said in an update.
Govt committed to Mycoplasma bovis eradication; $25.6M spent to date – Rebecca Howard:
(BusinessDesk) – The government has paid $25.6 million in compensation claims related to Mycoplasma bovis and remains committed to phased eradication, said Prime Minister Jacinda Ardern and Biosecurity Minister Damien O’Connor.
One of the biggest challenges for farmers has been navigating the compensation process and Ardern and O’Connor announced a new recovery package aimed at making that easier.
The package includes a team of rural professionals who understand both farming and the compensation process who can sit down and work with farmers on their claims. The Ministry for Primary Industries has also produced an improved compensation form and guide and an online calculator of milk production losses. It will also provide regional recovery managers for key areas. . . .
Marc Rivers: The man with Fonterra’s fortunes in his hands – John Anthony:
Marc Rivers has a TEDx talk. And it’s not about numbers, profit and loss – and there is no mention of balance sheets.
Rivers, Fonterra’s top number cruncher, is not your typical chief financial officer.
Unlike their charismatic chief executive counterparts, chief financial officers are generally regarded as robotic accountant types, capable of presenting a company’s financial position in jargon that few people understand. . .
- Seven in ten people have felt increased stress over the last five years
- Those aged 18-39 feeling the most pressure
- 61 percent said living rurally limits access to mental health resources
A recent survey has found that 70 percent of rural New Zealanders have felt more stress over the last five years.
The State of the Rural Nation Survey, conducted by Bayer New Zealand and Country TV, asked participants several questions regarding their views on critical topics impacting rural New Zealand today, including a series of questions around mental health.
Of those who responded that they had felt increased stress over the last five years, over half (54 percent) attributed financial pressures as the main reason, while the impact of environmental factors (ie droughts, flooding, hail) on people’s work and livelihoods came in at a close second (49 percent). . .
Embracing gene editing could have huge benefits for New Zealand’s primary industries and we shouldn’t be scared of the technology, scientists say.
The latest paper in a series from the Royal Society Te Apārangi outlined five ways gene editing could be used in farming and forestry and scientists are keen for Kiwis to discuss the issue.
It sounds scary, though. So what’s it all about?
Gene editing (also known as genome editing) is the targeted alteration of a specific DNA sequence. While older genetic modification technology typically added foreign DNA to a plant or animal, gene editing involves precise modification of small sections of existing DNA. . .
Workshops being held across the country are equipping farmers and rural professionals with the tools to recognise and support those who are struggling.
NZ Young Farmers has organised five of the Good Yarn workshops, the second of which was held in Carterton last week.
Greytown dairy farmer Rachel Gardner, one of 14 attendees last week, is encouraging other young people to talk about mental health. . .
Adelaide-based AgTech startup MEQ Probe has received $500,000 funding from Meat & Livestock Australia and industry partners Teys Australia and the Midfield Group to test ground-breaking technology to objectively measure the eating quality of meat.
Coming just a few months after MEQ Probe took home a coveted Pitch in the Paddock prize at the tri-annual Beef Australia event, the funding also includes investment from MEQ Probe founder, AgTech betaworks Availer.
It will enable a commercial pilot of the MEQ Probe technology, which uses nanoscale biophotonics to measure the marbling and tenderness of meat; both major drivers of eating quality. . .
A substantial blueberry orchard with its own commercial processing plant and refrigerated pack-house – producing one of the rarest but highest-yielding blueberry crops in New Zealand – has been placed on the market for sale.
The 8.8-hectare property at Gordonton in the Waikato features some eight hectares of blueberry plantings under canopy cover, along with buildings, equipment, and plant used for picking, sorting, packing and chilling blueberries.
Planted on peat soil and regularly fertilised, the orchard has some 15,000 trees – including 500 of the new Jaac variety of blueberry which produces a heavier-yielding crop than traditional clones. Other blueberry varieties grown in the orchard include Powder Blue, Tiff Blue, Centra Blue, O’Neal, Sunset, and Velluto. . .