Rural round-up

September 12, 2015

Meat returns to rise over next year – Alan Royal:

A lower New Zealand currency will do much of the running for sheep meat and beef returns to farmers over the next year.

Beef + Lamb NZ expected slight increases in product values but they were likely to be outweighed by lower volumes, especially for lamb.

B+LNZ forecast an average lamb price of $5.47/kg for the export year ending September 30, 2016, a 4% lift on the provisional figure for the year finishing in a couple of weeks. . .

Few animal welfare issues in dry North Canterbury:

The Ministry for Primary Industries (MPI) has complimented farmers on how they have managed animal welfare through the prolonged North Canterbury drought.

Canterbury-based MPI Animal Welfare Manager Peter Hyde says there have had been very few animal welfare issues to deal with in North Canterbury.

“Sheep are a bit lighter than ideal but not to the extent where they are below the minimum standard that breaches of the Animal Welfare Act.”

Mr Hyde says farmers have adopted different management strategies to maintain the condition of their animals. . . 

Finalists in the NZ Innovators Awards:

Finalists in the New Zealand Innovators Awards 2015 demonstrate that Kiwi innovation is thriving, with a 24 per cent increase in entries that are of world class standard.

Announced today are the finalists who represent game changing innovation from every corner of the country, with new products and services from a broad range of industries and business disciplines. Included in the finalists are an exciting range of entries, from electric farm bikes, dairy free cheese, anti-cancer treatments and free school lunches. Spoilt for choice with this year’s entries – these are ordinary Kiwi’s doing extra-ordinary things.

New Zealand Innovation Council CEO Louise Webster says the 2015 entrants give a real sense that Kiwi innovation is moving into the main stream, demonstrating world leading approaches to innovation with many businesses going global from day one. . . 

Wool Jumps:

New Zealand Wool Services International Limited’s Marketing Executive, Mr Malcolm Ching reports that a weakening New Zealand dollar and steady off-shore buying interest saw all wool types improve for the South Island offering of 9,300 bales with 87 percent selling.

The weighted indicator for the main trading currency came down 1.29 percent compared to the last sale on 3rd September.

Mr Ching advises that compared to the last time sold on 27th August, Merino Fleece 21.5 micron and finer were 5 to 10 percent dearer with 22 to 23.5 microns 1 to 2 percent firmer. . . 

Ballance Farm Environment Awards Showcase Sustainable Farming Success:

Entering the Ballance Farm Environment Awards is a great way for farmers to show they care about the environment, say Waikato dairy farmers Susan O’Regan and John Hayward.

The couple entered the Waikato Ballance Farm Environment Awards for the first time last year and were thrilled to win two category awards, including the LIC Dairy Farm Award.

“Waikato Regional Council has been working with us on a planting programme on the farm for several years and they encouraged us to enter,” Susan says.

“We went in to the competition pretty cold and didn’t really know what to expect. We didn’t do any window dressing on the farm and we were fairly relaxed when the judges showed up and started asking us questions.” . . .

PGP delivering much needed support to rural communities:

Primary Industries Minister Nathan Guy says a further 400 rural professionals will be trained in 20 workshops delivered over the next month to support farming families and rural communities.

“These workshops are about creating a culture of mental health awareness and training within service organisations, a key outcome from ‘Transforming the Dairy Value Chain’, a Primary Growth Partnership (PGP) programme between the Ministry for Primary Industries, DairyNZ and Fonterra.

“This adds to the more than 400 rural professionals already trained in mental health awareness by the programme.

“While the economic benefits of PGP are well known as the Government’s flagship research and development programme for the primary sector, it’s great to see it is also supporting the wellbeing of dairy farmers in what is a difficult year for some. . . 

$345,000 for wilding conifers in War on Weeds:

Five groups tackling the major problem of wilding conifers have received $345,000 from the Community Conservation Partnerships Fund as part of the War on Weeds, Conservation Minister Maggie Barry says.

“Wilding conifers cover more than 1.7 million hectares of land, and are advancing at an estimated rate of 5 per cent a year,” Ms Barry says.

“They alter entire landscapes and are notoriously difficult to clear once established, representing a major threat to our unique New Zealand ecosystems, land and farms.” . . .

Sharp Blacks ‘meat’ victory for third time:

New Zealand’s national butchery team the Pure South Sharp Blacks have carved their way to victory for the third time, during last night’s Tri-Nations Butchers’ Challenge.

The team of butchers have been reigning champions for three years now, and last night they once again showed their world-class form at Auckland’s Shed 10.

Going up against the best-of-the-best from Australia and England, the Sharp Blacks endured three hours of intense competition, turning a side of beef, pork and whole lamb into art based on a Kiwiana theme. . . 

PEP agrees to buy Manuka Honey for undisclosed sum – Suze Metherell:

(BusinessDesk) – Pacific Equity Partners, the biggest private equity firm in Australia and New Zealand, has agreed to buy Manuka Health, the functional food and dietary supplement company, for an undisclosed amount, subject to Overseas Investment Office approval.

The Te Awamutu-based honey firm currently has 37 shareholders, according to records on the Companies Office, with Watermann Capital a cornerstone owner. Founder Kerry Paul owns 7.3 percent, while Milford Asset Management owns 6.3 percent. The New Zealand Herald has reported the purchase price was $110 million.

Manuka Health was founded in 2006 and exports 90-plus products based on propolis, royal jelly, bee pollen, and manuka honey to 45 countries. It has annual turnover of more than $50 million. . . 

More biosecurity detector dog power for Christchurch:

Two new biosecurity detector dog teams have started at Christchurch airport to sniff out risk goods carried by international travellers, says the Ministry for Primary Industries (MPI).

Anna Howie and Alice McKay started work on Monday. They finished their detector dog handler training in Auckland last week, along with 9 other new MPI handlers who have since started at Auckland and Wellington.

Anna will work detector dog Frank (labrador), originally sourced from an Australian customs breeding programme. Alice will work with Pip, a brand new labrador detector dog purchased from a private home in Hastings. . . 

Dairy goat industry gets $3.6 million research boost:

A research grant of $3.63 million from the Ministry of Business Innovation and Employment is set to boost dairy goat productivity in the near future.

The three year study is led by Professor Russell Snell and Associate Professor Klaus Lehnert from the Faculty of Science at the University of Auckland.

The research is aimed at accelerating sustainable productivity gain within the Dairy Goat Co-Operative (NZ) Ltd (DGC) with the primary product target of high value infant formula. . . 

Cadrona Extend Opening Hours & On Track to Break Snowfall Record:

Cardrona is set to have the best season it’s had in 20 years – just 15cm off beating its own record of 333cm total snowfall in a season. The resort is experiencing one of the best seasons in regards to snowfall and snow conditions that it has seen in the past two decades, and with the longest season in the South Island, there are still 4 weeks to break the record.

Spring has officially kicked off with a few early September snowfalls gifting Cardrona guests ideal snow conditions to start the spring season. Currently even Cardrona’s lowest lift, the Valley View Quad, still boasts superb conditions both off and on-piste. . . 

Rural round-up

November 21, 2012

Fonterra scotches speculation of US$450m Indian acquisition – Paul McBeth:

Fonterra Cooperative Group, the world’s biggest dairy exporter, has dismissed speculation the company is among potential bidders for India’s Tirumala Milk Products.

The New Zealand cooperative scotched a Times of India report naming it with French food conglomerate Danone as vying for a controlling stake in Hyderabad-based Tirumala, with a spokesman for the dairy exporter calling it “rubbish”. The US$450 million enterprise value figure reported would be material for Fonterra and would need to be disclosed, he said. . .

Water allocation and limit setting in a changing climate – Waiology:

Last week, the Land and Water Forum released its third and final report on water management in New Zealand. It is a substantial piece of collaborative work with 67 recommendations. Number 29 is that allocation limits be set by taking into account “any flow and water level fluctuations caused by seasonal or other climate variations”. While this primarily refers to natural variability, such as the Interdecadal Pacific Oscillation, it’s also important to consider climate change. And along the same lines, last year’s National Policy Statement for Freshwater Management stated the need to account for the “foreseeable impacts” of climate change.

This is an important issue, as climate change is expected to bring about a raft of changes to New Zealand’s freshwaters (more details on that soon). Among these changes are reductions or increases in the amount of water available for use. Also importantly, climate change makes assessments of future water resources less certain. . .

Fonterra shareholder fund pricing uncertainty leaves Morningstar cold – Paul McBeth:

Investors should steer of the Fonterra Shareholders’ Fund, which seeks to raise up to $525 million to reduce the dairy cooperative’s redemption risk, until the units start trading, according to Morningstar Research.

However, the units have too many pricing uncertainties in the bookbuild phase.

The research firm gives a ‘do not subscribe’ recommendation for the fund’s initial public offering, saying Fonterra Cooperative Group lacks pricing power over its dairy commodities, generates low returns compared to its multinational peers, and investors won’t know the price they are paying until after the bookbuild process is completed on Nov. 27. . .

A2 in talks with NZX about shifting to main board – Paul McBeth:

A2 Corp, which markets milk products with a protein variant claimed to have health benefits, is in talks with the New Zealand Stock Exchange about shifting its listing on the main board.

The company, currently listed on the alternative market, qualifies for listing on the NZX main board, and managing director Geoffrey Babidge says that is a more recognised market and can provide better transparency and investor protection, according to a presentation at today’s annual meeting.

“A move to the NZX main board may provide greater liquidity and increase access to capital,” Babidge said. “To this end, the company has commenced discussions with NZX regarding a move to the NZX main board.” . . .

Kiwifruit vines credited as carbon sinks:

Three years of research by a Bay of Plenty company has found that kiwifruit orchards store a significant quantity of organic carbon in the soil.

PlusGroup Research received funding from the former Ministry of Agriculture’s sustainability farming fund to do the research, which investigated soil samples from more than 120 kiwifruit orchards across different growing regions. . .

Beef + Lamb NZ director elections:

Nominations are being called for two farmer-elected positions on the Board of Beef + Lamb New Zealand.

The positions are for the Western North Island and Central South Island electorates.

Nominations must be submitted on the official form obtained from the Returning Officer, Warwick Lampp, free phone 0508 666 003. The nominations need to be received by 5 pm on 20 December 2012. . .

Better Look Over Your Shoulder – Fish & Game Warning To Poachers:

The latest camouflaged ‘poacher cams’ are proving their worth in the Rotorua lakes district – giving trout poachers even more reason to look over their shoulder.

That’s according to Eastern Region Fish & Game, which has released information on the number of offenders caught over the last three months.

Fish & Game Officer Anthony van Dorp says that over the past three months (ending November) they’ve dealt with 30 people for a variety of offences ranging from fishing without a licence and fishing closed waters – to serious poaching offences. . .

Celebrating 150 Years in the Valley of Gold & Cardrona Vintage Fair

The historical and picturesque township of Cardrona in the breathtaking Cardrona Valley turns 150 years Gold this year. To celebrate, the iconic Cardrona Hotel and the greater community are opening their doors, hearts and rabbit cookbook’s for a birthday bash guaranteed to delight all ages.

Saturday 8th December – 150 Years of Gold celebration

From the excitement of highly trained heading dogs competing in the Dog Trials to trying your hand at gold panning, the 150 Years of Gold celebrations are local-jam-packed with fun and fascinating events for everyone. . .

Ski field for sale

September 23, 2008

The Southland Times reports the Cardrona Snow Farm and Park  are up for sale.

Developer John Lee said there were two reasons for selling: “I’m 72 — close to 73 — that’s No 1. No 2, we got consent for the gondola in early May and it’s bigger than us.” The planed $17 million gondola, the biggest in the Southern Hemisphere, would take skiers and snowboarders from the valley up to the two resorts, a distance of 3880m.

The project was too big and too expensive to undertake without outside investors, he said.

John and Mary Lee have made a wonderful contribution to the Cardrona Valley, Wanaka and the wider community. You can read a copy of an ODT feature on John here.


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