Kiwis can be proud of the rural women and men who produce the top quality food that arrives daily in supermarkets, and the extra which is shipped offshore as exports that help fuel our economy. Over 65% of our exports come from agricultural food production and we produce it with a lower carbon footprint than any other country in the world.
Biosecurity threats, geopolitics, alternative proteins, robotics, disruptors, food and environment sustainability…there’s no shortage of challenges and change confronting us.
But you should also know – especially if you’ve been fortunate enough to catch some of the keynote addresses and panel discussions of the inaugural Primary Industries Summit that Federated Farmers organised and has hosted Monday and Tuesday – that New Zealand also has a wealth of ideas, talent and drive to deal with these big issues coming at us. . .
Tougher bank capital rules could slice 10% from dairy profits – Rabo NZ – Rebecca Howard:
(BusinessDesk) – Stricter bank capital requirements would severely dent dairy farm profits if the Reserve Bank goes ahead as planned, warn dairy interests in submissions on the contentious proposals.
“Our initial estimates are that the proposals could – at least in the short term – result in approximately a 10 percent decrease in profit for the agriculture sector,” Rabobank New Zealand said in its submission. . .
Trees replace top cattle – Annette Scott:
As far north as sale yards get in New Zealand the Broadwood selling centre in Northland hosted one of the country’s more notable capital stock clearing sales last week.
On behalf of Mark and Michelle Hammond of Herekino, Carrfields Livestock held the sale of a Hereford beef herd that put 50 years of top-quality genetics under the hammer, the animals’ grazing land destined for pine trees. . .
Ruapehu rural reading scheme spells out a winning idea – Katie Doyle:
A pair of librarians from the central North Island town of Taumarunui are bringing a love of reading to rural school children.
Fiona Thomas and Libby Ogle have started their very own mobile library – each month ferrying a load of books to two isolated primary schools in the Ruapehu District.
The idea came to life eighteen months ago when Mrs Thomas realised some kids in the region couldn’t access the library because they lived too away. . .
Blue Sky reports best result in 8 years – Rebecca Howard:
(BusinessDesk) – Southland meat processor and marketer Blue Sky Meats says the year to March was its best result in eight years as a strategic plan bore fruit.
The company, which is due to release its annual report shortly, said the March financial year ended with revenue up by 34 percent to a record $140 million. Pre-tax profit was up 36 percent at $5 million. . .
The High Court yesterday ordered the overseas owners of two rural properties at Warkworth, north of Auckland, to pay $2.95 million to the Crown after an Overseas Investment Office (OIO) investigation found they were bought without consent. The properties were bought in 2012 and 2014.
The court ordered the owners to sell the properties and pay penalties, costs and the gain made on the investment.
The overseas owners – Chinese businessmen Zhongliang Hong and Xueli Ke, and IRL Investment Limited and Grand Energetic Company Limited – should have applied to the OIO for consent to buy both properties because they are rural land of more than five hectares. . .
Technology that will help fruit and vegetable growers now and in the future will be demonstrated at Our Food Future, the Horticulture Conference 2019 between 31 July and 2 August at Mystery Creek, Hamilton.
‘We’ve gone all out to ensure that this year’s conference features demonstrations of technology that can help growers tackle some of the challenges that they face,’ says Horticulture New Zealand Chief Executive, Mike Chapman.
‘From biological control products for crop protection to robots for asparagus harvesting and greenhouse spraying, they will all be demonstrated during the morning of second day of the conference. . .