Rural round-up

24/06/2015

Still more milk than market – Rabobank’s latest dairy outlook:

A recovery in global dairy prices is still on the horizon, however burgeoning stocks have pushed out any sustained upturn in the market until the first-half of 2016, according to Rabobank’s latest Dairy Quarterly report.

The global outlook, released exclusively to Rabobank’s agribusiness clients earlier this week, reaffirms the bank’s position that a recovery phase is imminent, however it has pushed out the timeframe by at least three months. . .

 The good and bad of farming with lifestyle neighbours – Kate Taylor:

The views from Philip and Robyn Holt’s farm, Maraetara, are spectacular – across the Ahuriri estuary to Hawke Bay and Napier Hill.

They’re not the only ones to appreciate it though. When Philip was growing up the only neighbours were other farmers. Now houses dot the hillsides and Maraetara has boundaries with about 70 neighbours.

This growth of lifestyle blocks has negatives and positives, says Philip. . .

NZ beekeeper plans bee sanctuary on Niue – Cheryl Norrie:

When beekeeper Andy Cory went to Niue in 1999 in search of a honey business, he had to hack his way through a jungle to find a collection of beehives which had been abandoned 30 years previously.

He remembers finding 240 hives.

“They were all rotten and had fallen on their sides. The bees were still in them and they were fine.” . . .

Too little data to pinpoint cause of NZ beehive deaths – Suze Metherell:

(BusinessDesk) – The sudden and devastating demise of honey bee hives, known overseas as colony collapse disorder, may threaten New Zealand’s $5.1 billion apiculture industry, after thousands of colonies were lost over last spring.

North Island beekeepers spanning the Coromandel, Great Barrier, Wairarapa and Taranaki suffered significant losses with some reporting up to 95 percent of adult bees disappearing from hives. However, a lack of reporting to the Ministry for Primary Industries or the Environmental Protection Agency meant there was no certainty about whether the sudden collapses were linked, the New Zealand Apiculture Conference in Taupo heard. . .

Farm debt pressures being surveyed:

Lincoln University researchers want to know how farmers and their families are dealing with being in debt and the stress it can bring.

Bruce Greig, Dr Kevin Old and Dr Peter Nuthall, from the University’s Faculty of Agribusiness and Commerce, are conducting a nationwide survey investigating farm debt and the level of anxiety experienced by farmers who incur it.

Mr Greig says they want to discover how they manage debt as it is one of the many skills farmers require. . .

NZ lambskin, sheepskin face ‘lose-lose’ with over-supply, weak demand – Tina Morrison:

(BusinessDesk) – New Zealand exports of sheepskin and lambskin, at their lowest level in more than four years, are unlikely to recover any time soon as a glut of excess stock and weak demand weigh on prices.

The value of raw sheepskin and lambskin exports fell to $128.6 million in the year through April, the 15th straight decline in annual exports and the lowest level since January 2011, according to Statistics New Zealand data. The latest figures, for May, will be published on Friday. . .

 

Settlement reached over ASB rural interest rate swaps:

The Financial Markets Authority (FMA) has reached a settlement with ASB regarding the sale, promotion and marketing of interest rate swaps to some rural customers.

The Commerce Commission (the Commission) investigated ASB for the sale of interest swaps and reached a separate settlement with ASB in December 2014.

The FMA settlement was reached based on the conclusions from the Commission’s investigation and the FMA’s engagement with ASB in relation to its processes for selling and marketing interest rate swaps to rural customers. . .

 


Rural round-up

22/02/2015

Region’s rivers dropping to point of possible irrigation stoppages – Rebecca Fox:

Otago rivers are dropping steadily again as the benefits from rain earlier this month evaporate.

The Taieri catchment is again teetering on the edge of a widespread irrigation stoppage and South Otago rivers are dropping steadily after a week of warm temperatures and little or no rain – the greatest amount to fall in Otago was 3.5mm at Sullivans Dam, near Dunedin.

Forecasts again indicated mostly dry weather was to continue, although while a front was expected to move over southern and eastern parts of New Zealand tomorrow and early Sunday, it was only expected to bring showers. . .

Strategic location move pays off:

It’s not an easy task to up sticks and move to a new farm. Steve and Jenny Herries took that an extra step and moved their angus stud from Central Hawke’s Bay to Gisborne.

Alpine Angus used to be at home on 320ha at Mangaorapa, southeast of Waipukurau. “The kids were enjoying their farming but they’d never seen shepherds on big country with teams of dogs. We’d managed other places like Tutira and Akitio, so we knew it could be different.”

They’ve only increased the farm size by 40 hectares but the country is very different. . .

Maori agribusiness on the brink of ‘enormous growth’  – Sue O’Dowd:

PKW’s new livestock company allows the large Taranaki Maori farming operation to further integrate the various arms of its business.

Te Oranga Livestock began operating in September last year.

“Our strategy has grown and our cattle numbers have grown, so we have created our own livestock company to support our long-term goals,” Parininihi ki Waitotara (PKW) chief executive Dion Tuuta said. “It’s a logical progression and allows us to retain value within our own system.”

In 2011 PKW took a major step towards growing its active business, putting managers on some of its dairy farms and taking on herd ownership. A specialist state-of-the-art calf-rearing unit capable of rearing 1800 calves a year at Matapu in South Taranaki followed. . .

Muster offers drover’s delight – Caleb Harris:

Forget running with the bulls in Pamplona – now you can run after them, in Wairarapa.

Cowboys, stockmen, gauchos and drovers have a special lot in life: superb views, magnificent animals, camaraderie, tough but satisfying work, the campfires, the starlit nights.

“The drover’s life has pleasures that the townsfolk never know,” was Aussie bush bard Banjo Paterson’s apt summary.

Now, the owners of one of New Zealand’s oldest farms are inviting all-comers, including city slickers, to experience the ancient lifestyle’s unique charms, in the form of a back-country cattle muster.

It’s not a contrived offering for tourists but a crucial task, done twice a year for more than 170 years – one of the country’s longest unbroken sequences of annual musters.

Riversdale Station in White Rock Rd, an hour east of Martinborough, has sweeping Pacific views, but otherwise little in common with its genteel namesake resort to the north. Nestled along the Haurangi (or Aorangi) Range, it’s gnarled, bush-cloaked country and not for the faint- hearted. . .

Sheep milk has big potential – Anna Sussmilch:

After a year of study, travel and developing contacts in the agricultural sector at home and aboard, the 2014 Nuffield Scholars have submitted their reports. This is the first in a series profiling each of the 2014 scholars, their experiences and their areas of particular interest.

Lucy Griffiths is a woman who clearly likes to keep busy. 

When approached for an interview she was busily preparing to present her Nuffield Scholarship findings at the inaugural New Zealand ewe milk products and sheep dairying conference at Massey University’s Food HQ, training for the Challenge Wanaka half-ironman and had only recently got married.

At the start of her Nuffield journey Griffiths was known as Lucy Cruikshank. . .

Dairy farmers can expect volatility in milk price:

While it may not be what farmers want to hear, a Lincoln University expert says price volatility in the dairy industry may be the new normal. Farm Management and Agribusiness lecturer Bruce Greig says prices will fluctuate widely from year to year ”as we have seen”.

He says the milk price farmers in New Zealand receive is a result of the demand and supply conditions of milk in the international market. It is a commodity market which exhibits characteristic fluctuations.

Dairy farmers may just have to get used to it and implement systems which can cope with these changes, Mr Greig says. . .


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