Rural round-up

October 26, 2018

Tree planting plan lacks clarity – Neal Wallace:

The Government’s billion-tree planting programme lacks clarity with ministers delivering conflicting messages, Canterbury University expert Professor Euan Mason says.

Until there is consistency on the policy’s objective, definitive decisions cannot be made on where trees are planted, species, planting incentives and the economic and social impacts.

Regional Development Minister Shane Jones views the policy as regional economic development and carbon sequestering as part of climate change policy. . . 

Guy Trafford assesses the mess the US dairy industry is in from the recent unintended consequences of bad trade policies. He also reviews Canterbury dairy farm sales activity:

While most involved in New Zealand dairy farming are aware that around the globe nobody appears to be getting rich in the industry, some interesting figures have recently come out of Wisconsin.

It is the second largest American state for dairy production based upon cow numbers currently, and it is notable for the wrong reasons.

Between January 1st and August 31st this year 429 farms have closed down. This is likely to exceed the record year for closures of 2011 when 647 farms closed. While many of the closures are at the smaller end of the scale – less than 100 cows – an increasing number are larger and over 300 cows. The reasons given for the closures are the low returns and growing debts over successive years. . . 

Red meat sector welcomes CPTPP ratification:

The red meat sector welcomes the ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

New Zealand is now the fourth country to complete its domestic ratification process along with Mexico, Singapore, and Japan. The agreement requires at least six of the eleven member countries to ratify the agreement before it can come into force. Consequently, we strongly encourage the remaining member countries to do so before the end of this year. . .

Horticulture submission not nonsense:

Horticulture New Zealand chief executive Mike Chapman says he was surprised by the attitude of some members of the Education and Workforce Select Committee when he spoke to the organisation’s submission on the Employment Relations (Triangular Relationships) Amendment Bill today.

“I thank National MP Nikki Kaye for calling out the comments about our submission from Labour MP Kieran McAnulty. We appeared in good faith to speak to our submission and were speechless when we were told we did not understand what the Bill proposes and then had to watch the MPs fight about it,” Chapman says. . . 

Apple and stonefruit industry members successfully broker meeting between MPI and US facility to aid reaccreditation process:

The nursery and fruit-growing companies at the heart of the legal action against MPI over seized plants and plant material have been working hard to facilitate the rebuilding of the relationship between MPI and the USA-based Clean Plant Centre North West (CPCNW).

This facility has supplied New Zealand orchards and nurseries with new plant varieties for over 30 years and plays a critical role in the future of the New Zealand apple and stonefruit export industry. As part of MPI’s recent review and audit, accreditation of the facility was withdrawn.  . . 

‘Non-dairy milks? I wouldn’t touch them with a bargepole’: Food journalist JOANNA BLYTHMAN destroys the healthy alt-milk myth:

Non-dairy ‘milks’? As a seasoned investigative food journalist, I wouldn’t touch them with a bargepole.

So I’m sorry to see that people are forking out more for them than dairy milk. 

Coffee chains typically charge an extra fee if you want a latte made with an alt-milk – because we’ve been led to believe they’ll make us healthier, and that buying them is more virtuous.

Let’s look at how the vast majority of milk lookalikes are made. . . 

 


Political blood stronger than water

July 20, 2018

Bryce Edwards asks, where are the protests over the government’s new submarine killers?

He might also ask where are the protests against the CTPPP?

He could also ask where are the protests against the decision to pull back from putting cameras on fishing boats?

The answer is that political blood is stronger than water.

Those who would protest against the new planes, and the CTPPP are more likely to be supporters of one or other of the parties in government.

While concern for sustainable fishing crosses political boundaries, people on the left tend to be more likely to protest and having their party in government is keeping Green supporters quiet.

Those opposing these policies might be moved to protest if they had  been promoted by a National-led government but accept, or at least don’t protest against, actions of their own side.

This isn’t confined to any particular spot on the political spectrum.

I wasn’t enamoured of everything the government did from 2008 until last year, but I accepted the reality of politics, and life.

You can’t always get everything you want and my loyalty to National and support for most of what the government it led me did was sufficient for me to keep quiet about the rest.

The rank and file of the Green Party are the ones most likely to find tkeeping quiet difficult. Some members revolted when Environment Minister Eugenie Sage signed off the expansion of a Chinese-owned water bottling plant.

But just as parties need to swallow a few dead rats to get into government, their members have to put up with their MPs not doing everything they want, or doing some things they don’t, when they get there.

As long as the political blood stays thick, party unity will stay strong. It’s when it starts getting watered down, or spilt, that a party, and the government it’s part of, will be wounded.


Rural round-up

June 21, 2018

Shearing the way to land ownership for record-breaking shearers Rowly and Ingrid Smith – Kate Taylor:

Two record-breaking shearers are working their way into land ownership in Hawke’s Bay. Kate Taylor reports.

What does a champion shearer do on his days off? His own shearing.

Rowland (Rowly) and Ingrid Smith bought their 28ha block at Maraekakaho in Hawke’s Bay four and a half years ago. He’s still shearing full time but is starting a seasonal contracting business and the couple hope to buy more land in the future.

Their first few years as landowners saw all their spare cash put back into development including fencing and a new shearing shed.

They’ve since bought a 6000 square metre block down the road and plan to live there while they build a new house. . .

Drive for success in NZ apple and pear industry – Georgia May Gilbertson:

Six young people from Hawke’s Bay are on a mission to get others like them to join their world leading apple and pear industry.

They are part of a new nation-wide recruitment campaign to raise more awareness about all the new career opportunities for young Kiwis looking for a bright future with rewarding job prospects.

New Zealand Apples & Pears capability development manager Erin Simpson said job attraction is a far bigger challenge than job creation for the industry, as horticulture has, in the past, struggled to gain wider appeal. . .

Stock cartage rates likely to rise – Nigel Malthus:

 Farmers will not get stock moved if trucking companies do not get better freight rates, according to the Road Transport Forum (RTF).

“We’re at the point where people won’t get stock moved; something has to give here,” Ken Shirley, RTF chief executive told Rural News.

“All these additional biosecurity conditions and precautions we accept are necessary, but someone has to be prepared to pay for them and surely that’s the primary sector’s problem.” . . 

New Zealand’s exclusive avocado access to Australia under threat – Gerard Hutching:

Mexico, Peru and Chile are eyeing up exporting avocados to Australia, threatening New Zealand’s exclusive access to the lucrative market.

Australia is New Zealand’s number one market for avocados, worth $88 million in sales in the 2017-18 year. Total exports were $105m.

However following the signing of  the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) deal, Mexico, Peru and Chile have signalled they are keen for access to Australia in particular.

They also want to sell into New Zealand but it could take some years and would not necessarily result in cheaper avocados, Avocados NZ chief executive Jen Scoular said . .

Get ready for the ‘internet of cows’ – Ross Marowits:

Get ready for the “internet of cows.”

Generations of farmers have relied on knowledge and family expertise to grow food, but the sector is set for a surge of disruption at the hands of made-in-Canada artificial intelligence-powered systems.

AI is now helping farmers across the country to increase yields, save costs and minimize environmental damage. Instead of spreading fertilizer across acres of fields or spraying entire orchards with herbicides, they can now target their efforts for maximum effect. . .

Waving the jersey for dairying – Brad Markam:

 The life’s work of a Waikato Jersey breeder will be used to help inspire students about careers in the agri-food sector.

Sixty-one cows from the herd of the late Bobbie Backhouse have been bought by NZ Young Farmers for its Auckland dairy farm.

The 74ha property was gifted to the organisation by Donald Pearson last year.

“Bobbie Backhouse was a passionate Jersey breeder who farmed near Thames. Sadly, she passed away in early 2016,” says Donald Pearson Farm board chair Julie Pirie. . .

Industry looks to emerging agri-tech to further boost farm productivity :

Productivity on UK farms has improved significantly, according to new figures from the Department for Environment, Food and Rural Affairs.

The figures, in the report ‘Total factor productivity of the UK agriculture industry’, provides the first estimate for 2017.

It shows that total factor productivity – a measure of how well inputs are converted into outputs, giving an indication of the efficiency and competitiveness of the agriculture industry – was up by 2.9 per cent last year. . . 


Rural round-up

May 12, 2018

Time to rebuild respect for agriculture – Tom McDougall:

For Federated Farmers leader Katie Milne, the biggest problem facing agriculture today is disconnection.

New Zealanders are now separated from the land by four generations, and the value of agriculture in the minds of the public has, according to Milne, been lost somewhere along the way:

“Food has been cheapened, both in a monetary sense and in a sense of appreciation/respect. If food is undervalued, if it is plentiful and the respect for it drops, then the people and families involved in the production chain that brings that food to your table lose the respect and recognition that they once had and deserve. That’s why I’m vocal in raising the fact that we (farmers) are producing food for the nation here, and that without agriculture, New Zealanders would lose so many of the luxuries they currently take for granted.”

Similar thoughts have been echoed overseas in the past, perhaps most notably by US Secretary of Agriculture Tom Vilsack, who remarked in 2014 that 98% of Americans were several generations removed from direct farming, and voiced his concern over the lack of appreciation afforded to agriculture by the current generation. . . 

Eketahuna cheese festival a culmination of decade-long struggle against red tape – Illya McLellan:

Biddy Fraser-Davies loves making cheese and has fought bureaucracy for almost a decade to make it easier for all small producers.

During that time she has been recognised at British Guild of Fine Foods World Cheese Awards as one of the world’s elite cheese makers. 

On May 14 she and husband Colin will host the inaugural Great Eketahuna Cheese Festival which is a celebration, but also a continuation of  the couple’s campaign to convince the government fees for smaller producers are too high.. . .

Maintaining trade rules essential – Mike Chapman:

New Zealand relies on trade for its economic survival. Without trade New Zealand would be a very different and a much poorer country. Successive New Zealand Governments have successfully worked to open up trading opportunities throughout the world and this continues today, with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in the final lap before coming into force. 

Today, Horticulture New Zealand made its submission in support of the CPTPP to the Foreign Affairs, Defence and Trade Select Committee at Parliament. For horticulture, the CPTPP does some great things. It opens up four new markets to tariff reductions and improved entry conditions: Canada, Japan, Mexico and Peru. Tariff reduction, particularly into Japan, but also across all of the CPTPP nations, will result in a massive $48 million a year in reduced tariffs. There are also other countries looking to join the CPTPP.  What a deal!.  . . 

 

Keytone Dairy Corp launches prospectus to raise A$15M, list on ASX – Rebecca Howard:

(BusinessDesk) – Keytone Dairy Corp, which owns a dairy factory in Christchurch, has launched a prospectus to raise up to A$15 million and list on the Australian Securities Exchange via an initial public offering.

It is aiming to raise A$12 million or up to A$15 million with oversubscriptions to facilitate a listing on the ASX through the issue of 60 million (up to 75 million with oversubscriptions) shares at an issue price of 20 Australian cents apiece, with the offer due to close on June 1. Peloton Capital is the lead manager for the sale. . . .

Budget reaction from farm groups :

Farm organisations have praised this year’s Federal Budget.

Australia’s biosecurity is set to benefit to the tune of $121.6 million and ag export growth to  $51.5m in new initiative big spends. The Roads of Strategic Importance program received $3.5b for upgrades to key regional freight corridors. The Bruce Highway in Queensland gets $3.3b for upgrades.

A third round of the Building Better Regions fund got $200m to fund local governments and not-for-profit organisations to develop ner commercial enterprises. More than $260m for new satellite technology to enhance GPS applications such as smart farming . .


Rural round-up

March 29, 2018

Free trade trumps protectionism, we hope – Allan Barber:

It’s ironical the same week the CPTPP agreement was signed President Trump proudly announced new tariffs on steel and aluminium which threaten to undermine the World Trade Organisation’s function as the global regulator of international trade. The jury is still out on whether Trump can get the tariffs signed off by Congress and he has already created exemptions, at the time of writing for Australia, Canada and Mexico. But it’s an uneasy period, particularly for a country as dependent on trade for its economic survival as New Zealand, because we might well get caught in the crossfire from a trade war.

Meanwhile supporters of free trade can celebrate the signing of the CCTPP which I admit I didn’t rate as a certainty in my tips for 2018 in January. There has been a lot of noise from those against the agreement, either because it doesn’t differ markedly from the original TPP since rejected by Trump or because 22 clauses negotiated by the USA, including Investor State Settlement Disputes provisions, have only been suspended rather than removed altogether. But I suspect the antis would have objected regardless, wanting neither the original nor current agreement to be signed under any circumstances. . . 

Beef + Lamb New Zealand urges farmers to comply with NAIT:

Beef + Lamb New Zealand (B+LNZ) is urging all farmers to comply with the National Animal Identification Tracing (NAIT) scheme requirements following the announcement of a programme to track cattle movements as part of the Mycoplasma bovis response.

The Ministry for Primary Industries will stop trucks in the upper South Island to check that farmers moving cattle from the South to the North Island are complying with their legal obligations under the NAIT Act.. . . 

Technical advice and pathway tracing reports released following compliance searches:

The Ministry for Primary Industries (MPI) has today released reports by a Technical Advisory Group (TAG) to its Mycoplasma bovis response and an internal report examining potential entry routes (pathways) to New Zealand for the disease.

The TAG report contains a reference to possible legal breaches in relation to how the disease entered the country.  While these have largely been redacted from the report, MPI has been unable to release it until those matters were sufficiently examined by compliance investigators.

Note: Redactions have been made to the TAG and pathways reports consistent with provisions of the Official Information Act 1982 (OIA). Where required, the Ministry for Primary Industries has considered the public interest when making decisions on the information being withheld. . . 

Environment under the spotlight at Beef + Lamb New Zealand’s Annual Meeting:

The sheep and beef sector is well-placed to turn the challenges into opportunities and reap the rewards, farmers were told at Beef + Lamb New Zealand’s Annual Meeting in Gisborne today.

James Parsons, outgoing Chair at Beef + Lamb New Zealand (B+LNZ) said strong prices and recent trade gains such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will undoubtedly help lift the profitability of sheep and beef farming. . . 

First Tauranga kiwifruit for 2018 sailing tomorrow

As chocolate eggs are being dispensed this weekend, New Zealand kiwifruit growers are shipping a much healthier alternative to Chinese consumers.

The Klipper Stream will carry New Zealand’s first load of Zespri Kiwifruit from the Port of Tauranga to China for the year, marking the start of what looks like another record-breaking season. Loading began this morning and the ship is scheduled to pass through the harbour entrance on Good Friday. . . .

Nigel Woodhead to put his ploughing skills to the test in Southland:

One of the country’s most recognisable young farmers will put his ploughing skills to the test in Southland next month.

Nigel Woodhead has been invited to compete at the New Zealand Ploughing Championships in Thornbury on April 14th-15th.

The 30-year-old is a sheep and beef farmer at Milton and was named the FMG Young Farmer of the Year last July. . . 

Go for 5G, but bring rural NZ along too:

New Zealand’s ambitions to get on with the roll-out of 5G technology should be applauded but don’t put dealing with woeful rural coverage on the back-burner, Federated Farmers Vice-President Andrew Hoggard says.

Tests of 5G mobile technology were carried out on the streets of downtown Wellington this week and industry players are talking about putting this next generation of digital communications infrastructure in place from 2020. Meanwhile plenty of towns and provincial hinterland limp on without broadband, and patchy or non-existent mobile coverage.

“Primary producers play a dominant role in earning the nation’s living and technology is pervading every aspect of agriculture. With poor or no access to ultra-fast broadband and mobile, faming businesses – and family life – suffers,” Andrew says. . . 

2018 Canterbury-North Otago Dairy Industry Awards Winners Announced:

The major winners in the 2018 Canterbury-North Otago Dairy Industry Awards are relatively new to the dairy industry and believe their success is due to their full involvement in their business.

Daniel and Paula McAtamney were announced winners of the region’s Share Farmer of the Year competition at the Canterbury-North Otago Dairy Industry Awards annual awards dinner held at the Addington Raceway and Events Centre last night. The other big winners were Will Green, who was named the 2018 Canterbury-North Otago Dairy Manager of the Year, and Salem Christian, the 2018 Canterbury-North Otago Dairy Trainee of the Year. . . 

Second time lucky for 2018 West Coast-Top of the South Dairy Industry Awards winners:

A Hokitika couple have been announced as major winners in the 2018 West Coast-Top of the South Dairy Industry Awards.

Carl Wilmshurst and Anna Boulton were announced winners of the region’s Share Farmer of the Year competition at the West Coast-Top of the South Dairy Industry Awards annual awards dinner held in Nelson last night. The other big winners were Anthony Lamborn, who was named the 2018 West Coast-Top of the South Dairy Manager of the Year, and Sam Goffriller, the 2018 West Coast-Top of the South Dairy Trainee of the Year. . .  

Inventors and innovators wanted for the 2018 Fieldays Innovation Awards:

Calling all agricultural inventors and innovators: entries are now open for the 2018 National Agricultural Fieldays Innovation Awards.

The Innovation Awards showcases innovation across several industry areas: dairy and drystock farming, horticulture, information and communication technology, cloud and mobile-based software, animal health and genetics, water and waste management, environment and clean-tech, animal and farm management, farm safety and leading research. . . 

Fewer weeds, more wheat:

A herbicide to control problematic weeds in wheat crops and so increase crop yield, has been approved by the Environmental Protection Authority (EPA).

An application from Bayer New Zealand Limited to import Sakura 850 WG was considered by a decision-making committee convened by the EPA. This product contains pyroxasulfone, an active ingredient not used before in New Zealand. It will be imported ready-packaged for sale, and is intended for use by commercial growers and contractors, not home-gardeners.

“The EPA has concluded that this product offers considerable benefits to wheat growers,” said General Manager of Hazardous Substances and New Organisms, Dr Fiona Thomson-Carter. . . 


Rural round-up

February 2, 2018

New Zealand Agribusiness Outlook 2018:

Favourable market conditions should underpin a second year of broad-based profitability for New Zealand agriculture. Where the industry chooses to direct improved cash flow and focus amid this sustained positive run will be important for many years to come. . .

Lewis Road investor Southern Pastures ties up with Westland Milk – Paul McBeth:

Dairy farm fund Southern Pastures LP, which took a quarter stake in Lewis Road Creamery last year, will link with Westland Milk Products as a supplier from the 2018/19 season and with plans for a high-value product joint venture. Separately, Westland cut its forecast milk payout for this season.

Southern Pastures and Westland signed a letter of intent where the dairy farm investor’s nine Canterbury farms will supply an extra 4 million kilograms of milk solids to Westland from 2019, and investigate a business case for a 50/50 joint venture to create products from free-range, grass-fed milk based on strict animal welfare, health, sustainability, climate change and human rights standards. . . 

Why the CPTPP is important for New Zealand:

There is no question that our small, remote nation depends on trade. But there were times during the protracted negotiations that have now culminated in the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) when the visceral debate here could easily have led bystanders to believe New Zealanders specialise primarily in trading insults.

The fact that there is now a deal to be signed – after the efforts of successive prime ministers ranging from Helen Clark and John Key to Bill English and now Jacinda Ardern – is a cause for real celebration. Our role in recent decades as free-trade pioneers, in the teeth of other countries’ stubbornly defended protectionism, should be a source of national pride. Our exports reap more than $70 billion a year, but farmers and manufacturers know what courage it has taken to open our borders, forgo subsidies and eschew protectionism. They and the country are better off as a result. . . 

Environment and agriculture can both benefit from CPTTP:

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTTP) trade agreement has the potential to transform the agricultural sector and at the same time benefit the environment, agribusiness expert Dr Nic Lees of Lincoln University says.

However, he added, the public needed to be convinced of that.

The CPTTP is the re-negotiated Trans Pacific Partnership after the USA withdrew, and is a free trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Negotiations have concluded between the countries but it is yet to be ratified by New Zealand. The TTP had met some public and political opposition. . .

Farm machinery sales back to 2014 levels – TAMA:

Sales of tractors in 2017 increased markedly, just topping the previous highest recorded levels of 2014, says NZ Tractor and Machinery Association (TAMA) General Manager, Ron Gall.

Mr Gall said the association recognised that some farmers in both islands were currently experiencing hardship with the very hot and dry conditions. The challenging drought conditions may affect sales in the coming months but it was hoped changing weather would provide some relief.

Mr Gall said in 2017, a total of 4079 tractors were sold. This is up 13% on 2016, up 14% on 2015 and even slightly up on the boom dairy year of 2014, which had 4062 sales. . . 

 

Rabobank Wine Quarterly Q1: Evolution of sourcing strategies:

2017 was a dynamic year for the wine industry, marked by short-term scarcity and rising prices, according to Rabobank’s latest Global Wine Quarterly report.

The report says while “2017 was an unusual one for the wine industry, forcing all players to rethink their short-term strategies” – changing consumer behaviour, global shifts in demand volumes and changing trading frameworks, could represent long-term structural changes.

“Although the unconventional year that 2017 was may just be a one-off, it may also be enough to accelerate deeper changes that were already developing in the wine industry,” says RaboResearch senior beverages analyst Maria Castroviejo. . . 

Green light for China opens up new export opportunities for leading supply group:

Leading avocado export supply group AVOCO has welcomed this week’s announcement that New Zealand market access to China has been granted for the 2018-19 export season.

AVOCO exports New Zealand avocados to various Asian markets under its AVANZA brand and the company has been preparing for access to China for some time. Preliminary planning has included the development of a market-specific brand name designed to be the exemplar brand from New Zealand for China. . . 

Millennials are leaving desk jobs for this surprising profession – Alexandra Hayes:

The millennial generation is often called out for its social media addictions, its work habits, and even its unhealthy ideals around perfection, but according to the Washington Post, many of them are diverging from the status ladder and leading a crusade toward a different purpose entirely: farming.

Take Liz Whitehurst. Two years ago, she left her non-profit job and bought her farm, Owl’s Nest, from a retiring farmer. Now she grows an array of organically certified produce and sells to restaurants, through CSA shares, or at local farmers markets.

According to the latest Census of Agriculture in 2012, the U.S. Department of Agriculture reports that 69 percent of farmers today have a college degree, a number that suggests more millennials are leaving traditional desk jobs to pursue this very different life. . .

Manuka South® latest Manuka honey is making a legendary entrance:

The highly anticipated Limited Reserve batch of 26+ UMF features some of the rarest and most potent Manuka honey available in the world. Manuka South® is releasing only a limited amount of the high-end honey.

Manuka South® 26+ Limited Reserve – available at select Aotea Gifts stores in New Zealand – is the latest in the line of premium Manuka honey products produced by Manuka South®, a trusted brand from New Zealand Health Food Company (NZHF). But it will also be the rarest among them, because jars won’t be on store shelves long. . . 


Rural round-up

January 25, 2018

Station faces $1m loss as big dry bites – Alexa Cook:

One of the country’s largest farming stations expects to lose about $1 million because of the harsh summer.

The 13,200-hectare Mount Linton Station in Southland has had about a quarter of its usual rainfall in the last year to date – 250 millimetres instead of more than 1000mm.

The lack of grass growth has forced the station to cull 25 percent of its 107,000 stock units.

General manager Ceri Lewis has worked on the station for 14 years and said the hot weather would hit the station hard this year. . .

Drought support events being run in Southland – Sally Rae:

Farmers and rural support professionals have been invited to attend free drought support events in Southland this week.

Organised by industry organisations, the events are being held in the Combined Sports Complex in Otautau tomorrow and the James Cumming Wing in Gore on Friday, both starting at 10.45am.

A drought committee was set up in Otago-Southland before Christmas, ready to spring into action if required, Beef + Lamb New Zealand southern South Island extension manager Olivia Ross said. . . 

Sheep and beef sector welcomes the conclusion of the CPTPP:

Beef + Lamb New Zealand (B+LNZ) and the Meat Industry Association (MIA) welcome the conclusion of the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) negotiations in Tokyo.

During the recent negotiations, officials resolved the outstanding issues and have agreed to meet in Chile to sign the agreement on 8 March.

Sam McIvor, chief executive of B+LNZ, said the conclusion of the agreement represents good news for sheep and beef farmers and all New Zealanders. . .

Demand for stags reflects deer farmer confidence:

Confidence in the future profitability of venison and velvet production has flowed through to the market for sire stags, with strong sales reported throughout the country, says Deer Industry New Zealand (DINZ).

Breeders report a marked improvement on last year’s results. Although no stags broke the $100,000 mark, average prices were up strongly for most sales, several by more than 50 per cent. Overall clearance rates were 94 per cent, compared with 83 per cent last year. . .

Livestock Improvement Corp first-half profit drops 22% on cost of transforming business – Paul McBeth:

(BusinessDesk) – Livestock Improvement Corp posted a 22 percent slide in first-half profit as the farmer-owned herd genetics cooperative ramped up spending to overhaul its business, which it says is vulnerable to the same disruption other industries face.

Net profit fell to $14.9 million, or 51 cents per share, in the six months ended Nov. 30, from $19 million, or 65.3 cents, a year earlier, the Hamilton-based company said in a statement. . .

Industry has huge potential, cashmere producer says:

The country’s leading cashmere wool-fibre farmer wants to breathe new life into what he describes as a stagnant industry with huge potential.

David Shaw, who farms in Central Otago with his wife Robyn, said the cashmere industry in New Zealand was still cottage-style producing hundreds of kilogrammes of wool.

That was a far cry from the need to produce somewhere between five and 10 tonnes to be able to satisfy the local market and start competing internationally. . . 

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