Climate change burden, benefits must be spread fairly – Gavin Evans:
(BusinessDesk) – Setting stringent climate change targets without understanding their cost or feasibility risks placing an unfair burden on some sectors, climate change professor David Frame says.
Moving New Zealand to a net-zero carbon economy will have benefits but also real costs and it is important both are shared across the community. That will probably require creative approaches from region to region and from sector to sector, he said at the New Zealand Minerals Forum in Dunedin last week.
Policymakers need to focus on emissions – rather than the resources they come from – and find a way to broaden the discussion beyond electorally-easy targets like heavy industry and coal. Agriculture also receives a lot of pressure that “isn’t really justified,” he said. . .
New way to work out who’s who in the paddock – Sally Rae:
How do ewe tell one sheep from another?
Greg Peyroux and Benoit Auvray, the co-founders of Dunedin-based Iris Data Science, might well have the answer.
They have been working on sheep facial recognition to cheaply re-identify sheep, potentially removing the need for ear-tags while also solving other farm management and broader issues.
While facial recognition had been developed for cattle in the United States and pigs in China, the pair were not aware of anybody doing it for sheep.
Sheep face images were collected and fed into a machine-learning model. . .
Danone cleared to indirectly hold up to 65% of Yashili NZ – Rebecca Howard:
June 4 (BusinessDesk) – Danone SA can indirectly hold up to 65 percent of Yashili New Zealand Dairy Co after its Danone Asia Pacific unit got a green light from the Overseas Investment Office to purchase up to 49 percent of the local dairy processor.
“The applicant has satisfied the OIO that the individuals who will control the investment have the relevant business experience and acumen and are of good character. The applicant has also demonstrated financial commitment to the investment,” the OIO said in a statement. . .
New Zealand Cherry Corp is expanding its operations and investment in Cromwell.
NZ Cherry Corp is a long established, locally owned Cromwell business. Its 32ha cherry block is the largest netted orchard in New Zealand. During cherry season it employs up to 500 staff and harvests up to 800 tonnes of cherries. It exports to 10 countries.
Director Paul Croft says following the recent purchase of a 244ha block of farmland adjacent to its existing orchard, NZ Cherry Corp is doubling the size of its orchard and turning 4ha into worker accommodation. . .
Dairy export volumes hit a new high after rising 19 percent in the March 2019 quarter, adjusted for seasonal effects, Stats NZ said today.
While dairy volumes were strong in the quarter, actual dairy prices fell 7.5 percent. That means dairy values rose only 9.5 percent, seasonally adjusted.
Dairy products are New Zealand’s top goods export, accounting for more than a quarter of the value of all goods exported in the March quarter. . .
Primary Wool Co-Operative (PWC) shareholders have placed their organisation on an extremely strong footing for the future, providing overwhelming support for two key resolutions at the co-operative’s 44th annual general meeting.
Farmer shareholders voted in favour of maintaining PWC’s 50% shareholding in CP Wool, as well as over 98% supporting a constitutional change enabling a capital raise to back CP Wool’s five year strategic plan at the meeting in Dannevirke on May 23. . .
With winter now starting to bite, the Ministry for Primary Industries (MPI) is reminding pastoral livestock farmers of their animal welfare responsibilities, whether animals are kept at home or sent off-farm to graze.
“This time of year can be challenging for farmers, with wet and muddy conditions increasing risks to the welfare of their livestock,” says Kate Littin, Manager Animal Welfare.
“Many farmers, particularly in Southland and Otago, choose to break feed stock on crop over the winter months. It’s a great way to provide food for animals and protect pastures, but does require careful planning and good stockmanship to avoid welfare risks that wet weather can bring. . .
Rural credit squeeze putting pressure on farmers access to capital.
Dairy farmers who are currently facing the two major challenges of falling land prices alongside increasingly restrictive access to capital are being encouraged to focus on a robust budgeting process and get on the front foot with their bank manager.
Findex Head of Agribusiness Hayden Dillon said “access to funding is becoming more of an issue, despite the good payout and this is putting some farmers under pressure” . .