Future grim if deal off – Neal Wallace and Alan Williams:
A grim economic future has been painted by Silver Fern Farms directors should the meat company not complete its merger with Shanghai Maling.
In notice of meeting documentation being sent to shareholders, chairman Rob Hewett said banks twice last year warned the co-operative they would not “under any circumstances” provide ongoing finance unless shareholders approved a new injection of capital.
Hewett said in an interview that nothing had changed since those warnings were issued in May and June last year. . .
Alliance Group has launched a new range of market-ready retail packs to China.
The co-branded lamb products will begin being sold in China’s retail and food service sectors next month in conjunction with the co-op’s in-market partner Grand Farm.
The initial focus of the programme will be on the upper end of the Chinese market with five regions, Beijing, Shanghai, Guangzhou, Shenzhen and Harbin, being targeted. . .
Turning effluent into electricity – Allison Beckham:
Southland cows are good at producing milk, and now it has been proven they are also good at producing another useful staple – electricity.
After two years of planning and design, a pilot plant producing electricity from dairy effluent methane is about to be commissioned on a Southland dairy farm.
The system is expected to generate about 50kW of electricity annually, enough to power about 75% of the farm’s electricity needs and equivalent to the requirements of about 10 urban households. . .
Trade Minister Todd McClay has today reiterated that the Government has sought and received assurances from the Chinese Government that any competition issues would not impact on trade between the two countries.
Mr McClay is responding to reports that retaliatory action could be imposed if an investigation is launched into allegations of steel dumping.
“On my return from Indonesia I asked my office for a full review of the broader issues around this matter.
“I want to make it clear today that there have been discussions and limited correspondence over the past few months as the Ministry of Foreign Affairs and Trade has endeavoured to assess the veracity of these reports. . .
New forest harvesting technology revealed today in Nelson sets its sights on further increasing safety in steep land harvesting operations, Associate Primary Industries Minister Jo Goodhew says.
The new ‘tele-operation’ technology provides out-of-harm’s way operation of a purpose-built tracked feller-buncher forest harvester, from the safety of a separate operator cabin and console.
The breakthrough is part of Steepland Harvesting, a 6-year, $6 million Primary Growth Partnership (PGP) programme between the Ministry for Primary Industries (MPI) and a consortium of forestry companies and contractors, led by Future Forests Research Ltd (FFR). . .
New Zealand’s largest organic apple grower, Bostock New Zealand has been making the most of the sunny Hawke’s Bay weather, busily planting about 4000 new apple trees each day.
The company has been pulling out it’s old apple varieties and planting new trees to keep up with the international demand for organic, GM Free fruit.
Bostock New Zealand Organic Orchards Manager Craig Treneman says it’s exciting to be planting new varieties, which are sweeter and higher colour and appeal to the growing Asia market.
“We have some new orchard developments in Twyford, where we are planting about 4000 new tree varieties a day. . .