Dairy loses gloss – Neal Wallace:
Political and banking uncertainty appears to be taking some of the gloss off the dairy industry with just seven farms in Southland and Canterbury selling in the last six months.
From October to the middle of March just two dairy farms in Canterbury and five in Southland were sold but a broader lack of buyer confidence has eased national dairy land prices by up to 15%.
Real Estate Institute spokesman Brian Peacocke says a perfect storm has taken the wind out of the sector’s sails but he notes activity has started to pick up.
Rules governing the sale of land to foreign buyers have been tightened, banks are viewing lending to dairying less favourably, tax changes are possible, the introduction of environmental taxes and regulations are expected and borrowing costs . . .
Dire worker shortage in orchards – Richard Rennie:
Hawke’s Bay and Bay of Plenty orchardists are grappling again with a seasonal labour shortage, with a shortfall of thousands of workers expected as kiwifruit and apple harvests reach their peak.
The shortage has horticultural heads exasperated at the need for greater understanding from the Government of how dire the situation has become.
The Social Development Ministry declared a seasonal labour shortage for kiwifruit early this month and extended the already declared labour shortage hitting Hawke’s Bay.
Shortfalls in staff numbers have increased over last year’s with Bay of Plenty’s deficit of 1400 likely to push 3800 at the mid-April harvest peak. Last year the region was short by 1200 staff at this stage of harvest. . .
Fruit is rotting on the ground in Hawke’s Bay amid a massive worker shortage and orchardists warn that overworked pickers are suffering more accidents.
The official labour shortage first declared for Hawke’s Bay six weeks ago – with 192 tourists granted approval to work in orchards – expired on Friday.
It was immediately extended, but growers say it’s too little too late.
Phil Paynter from Johnny Appleseed Holdings had to say goodbye to 22 hard-working pickers last week and says that with a little more warning, he could have kept them. . .
Some farmers are feeling let down by government after the recommendations from the select committee on military-styled weapons have been announced.
The particular piece that they are at odds with is that only .22 calibre rifles (or less) are allowed to be semi-automatic and with a magazine capable of holding 10 shells or less. Any larger calibre rifles are only to be used by licensed contractors.
To be fair to the government, from my recollection, at no point did they indicate that higher calibre semi-automatic rifles would be allowed, and it would have been incredibly naive to think otherwise. The only animals needing these weapons are likely to be goats with possums and rabbits quite able to be culled by .22 or shot guns . .
Comvita to take full control of China JV – Rebecca Howard:
(BusinessDesk) – Honey company Comvita has entered a conditional agreement to acquire the remaining 49 percent of its China joint venture, Comvita Food and Comvita China, for about $20 million.
Comvita will acquire the JV by issuing 4.05 million new Comvita ordinary shares at $4.35 per share and an additional cash payment of $3.19 million. The acquisition will be earnings accretive immediately on a per share basis, it said.
“This completes the ‘final piece of the jigsaw’ with respect to our China Strategy, which we have been working on for a number of years,” chief executive Scott Coulter said. . .
Breaking the city-country divide, Year 12 Geography students from Penrhos College recently had their third annual field day at The University of Western Australia’s Ridgefield Farm in Pingelly.
The UWA Ridgefield Farm is home to the Future Farm 2050 project, which facilitates multidisciplinary research and development of sustainable and economically viable farms at local, national and international levels.
Professor Phil Vercoe from The UWA School of Agriculture and Environment and The UWA Institute of Agriculture introduced the students to the Enrich project, which was part of the Future Farm Industries Cooperative Research Centre (CRC) investigating the benefits of planting native perennial shrubs as livestock feed. . .