Fonterra board gets controversial voice back – Sally Rae:
Fairlie farmer Leonie Guiney has returned to the Fonterra board, vowing to solve the co-operative’s ”reputational issues”.
Shareholders voted to elect Mrs Guiney and Zespri chairman Peter McBride to the board and they will take office at the close of today’s annual meeting at Fonterra’s Lichfield plant in the Waikato.
Sitting director Ashley Waugh, Maori Television chairman Jamie Tuuta, and John Nicholls were unsuccessful.
Mrs Guiney, who farms near Fairlie and is director of four dairy farming companies, served on the board from 2014 until last year. . .
Fonterra Shareholders’ Council report questions value-add strategy – Gerard Hutching:
Fonterra has failed to deliver “meaningful returns” on shareholders’ capital since inception in 2001, a new Shareholders Council report says, which questions the value-add strategy.
The much vaunted value-add business has returned only 0.2 per cent a year more than ingredients or commodities, “significantly below the 1.3 per cent a year premium needed to justify the increased risk”.
“This is important because the value-add business units are now using an increasing share of Fonterra’s capital. For the first five years since inception – 2002-06 – the value-add business accounted for 36 per cent of Fonterra’s capital. This has increased to 50 per cent of Fonterra’s capital over the last five years.” . .
Reducing sediment loss explored at field days – Ella Stokes:
Sediment mitigation was a hot topic at the field days hosted by the Pomahaka Water Care Group last week.
The farmer-led group has an overall target of improving water health – first on farm and also in the Pomahaka River.
Last week, there were three field days held in the West Otago area to explore solutions to reduce sediment loss, which is a major issue in the area.
Landcare Research environmental scientist and Pomahaka Water Care Group (PWCG) co-ordinator Craig Simpson said they had up to 70 people at one of the events. . .
Youngsters keep old-timers happy – Neal Wallace:
Transforming a run-down farm into a high performance stock unit was satisfying for Ron Davis and Roger Chittock but their greatest pleasure came from seeing youngsters trained on it go on to successful farming careers.
Chittock has spent 37 years and Davis 29 years on the management board of the Salvation Army’s Jeff Farm, a 2630ha sheep, beef and deer property between Clinton and Gore in eastern Southland.
But overseeing the development of the 30,000 stock units farm was only part of their enjoyment.
Jeff Farm’s primary role is to train youth for agricultural careers and the two retiring board members say seeing young people grow and move into industry jobs was immensely satisfying. . .
Goats ready to earn their keep – Neal Wallace:
Three years ago David Shaw questioned why he was still farming Cashmere goats.
This month garments made from fibre harvested from goats on his south Otago farm will be on sale in a new Untouched World retail store opening in Wanaka.
Potentially, the resurrected cashmere market could take several tonnes of fibre and he believes having about 25,000 Cashmere goats is achievable.
He has 1000 goats on his farm and has readily identified 5000 on other farms that could be crossed with Cashmere bucks. . .
The apparel industry has rediscovered the wool from corriedale sheep – Heather Chalmers:
Demand from sportswear and fashion companies is sending the price of a previously written-off type of wool to record levels.
This has led the dual-purpose corriedale sheep breed to make a comeback, after many farmers chose to shift to more meat breeds.
Corriedale wool is in the mid-micron range, coarser than most merino fibre, but far finer than crossbred wool that comprises most of the New Zealand clip. . .
Five Nuffield scholarships have been awarded for 2019. They have gone to two dairy farmers, a sheep and beef farmer, an arable farmer and an analyst.
Ben Hancock was raised on his family’s Wairarapa hill country sheep and beef cattle farm. He now works in Wellington for Beef + Lamb New Zealand as a senior analyst, still near the farm he often returns to.
After working in research and conservation roles in NZ, the United States and Panama Hancock did a doctorate investigating ecosystem services. . .