Growing global market opportunities and the need to strengthen supply chains are creating a thirst for capital among agricultural cooperatives as they seek to invest in their future, according to a recently-released research report.
In the report Agricultural cooperatives – quenching the thirst for capital, agribusiness banking specialist Rabobank says sourcing capital is on the agenda for almost every large agricultural cooperative, and is rapidly moving up the list of priorities for many.
Report author, Rabobank research director Hayley Moynihan says the traditional source of investment capital for cooperatives – their member base and modest debt facilities – may now no longer be enough to allow coops to fully participate in an increasingly dynamic global and local food and agribusiness market.
Health & Safety requires a shift in attitude – Chris Lewis:
This week, Worksafe is launching a new program, funded 50/50 by WorkSafe and ACC.
As you would have read in the media health and safety is a big issue affecting the rural community, and we are taking it seriously. Last year, Federated Farmers Waikato ran six health and safety seminars with industry organisations, with significant attendance by farmers.
In the last two years, there has been up to 40 deaths and many injuries on-farm. Most farmers would agree this has been too many. While there is no pattern, there are too many accidents occurring and we must do more to reduce these on-farm. This starts with you the farmer, the person in charge of the work place, the owner of the business, the management taking ownership and responsibility. If you don’t think this will affect you, you are wrong – the health and safety culture is here to stay. This is sinking in as throughout the country the demand from farmers for health and safety workshops has been increasing as well as sales of Federated Farmers Health & Safety Policies. . .
Dairy farmers who signed up for Fonterra’s guaranteed milk price scheme this season will find themselves on the right side of the ledger.
The scheme, in its second season, allows farmers supplying the co-operative to offer up to 75 percent of their milk for a guaranteed price.
About 180 farms signed up for the first offer at the start of the season in June, accepting a price of $7 a kilo of milk solids, which was the opening forecast. . .
Germans love our grass-fed beef – Tony Benny:
German diners are warming to the taste of New Zealand grass-fed hereford beef and a high-value niche for it is growing in a market dominated by pork and poultry, says importer Christian Klughardt.
Just back in Hamburg after his annual visit here to meet supplier Silver Fern Farms, Klughardt said demand for hereford was growing thanks to its quality and consistency, which makes it stand out from beef imported from South America.
At blind tastings staged as part of marketing and promotional events, New Zealand hereford always came up tops, he said.
“We blindfold them and let them taste hereford to the other and they would always pick the hereford on a continuous basis,” Klughardt said. . .
Rugby rep revels in rural life – Anne Hughes:
Former Taranaki rugby player Carl Carmichael is loving his return to country life.
After 53 appearances for Taranaki’s ITM Cup rugby team, Carmichael and his family moved back to Matiere, the farming community west of Taumarunui where he grew up.
While the former prop misses his favourite coffee shop since leaving New Plymouth, he says the country is where he and his family want to be.
He has worked as a builder since he and wife Emma moved 12 months ago. He played rugby last season and represented King Country in the New Zealand Heartland tour.
The couple are rearing calves and running cattle on land they lease at Matiere in the hope of building their stock numbers so they can buy their own farm one day. . .
Rob Hewett and Fiona Hancox have been elected to the Silver Fern Farms’ Board of Directors.
The results of the election which closed at 3.00pm on Friday, 13 February 2015 were:
· Rob Hewett: 41,437,912
· Fiona Hancox: 25,241,163
· Herstall Ulrich: 20,695,485 . .