Groser: TPPA not a gold-plated deal – Patrick Smellie:
New Zealand negotiators expect to conclude a Trans-Pacific Partnership Agreement (TPPA) deal with some improved access for dairy exports to the highly protected markets of North America and Japan but it won’t be a “gold-plated deal”, says Trade Minister Tim Groser.
He acknowledged that comments from Prime Minister John Key on Monday, that whatever deal was achieved would be “at least the very best we can do”, had been interpreted as a sign of a poor deal on dairy in the offing.
But Mr Groser told BusinessDesk that New Zealand negotiators weren’t in “capitulation mode”. . .
A farmer in the heart of the North Canterbury drought is welcoming the rain currently falling in parts of the region, describing it as a good morale boost for many farmers.
Vince Daly runs a 160 hectare cropping farm in Cheviot. He said the NIWA weather station on his farm showed the soil moisture level on his farm has gone from 32 percent to 37 percent this week so far. Normally it is at 100 percent at this time of year.
Mr Daly said 43 millimetres of rain had fallen but farmers further inland have, so far, not been so lucky. . .
NZ Landcare Trust’s Aorere River Project won the inaugural Morgan Foundation NZ Riverprize at the International Riversymposium Gala Dinner in Brisbane last night.
Richard Thompson Chair of NZ Landcare Trust’s Board of Trustees said “What a fantastic result for the Trust and the Aorere community. This is an amazing result given the strength of the competition… it really underlines the value of this project and the work carried out by NZ Landcare Trust.”
NZ Landcare Trust CEO Dr Nick Edgar accepted the award on behalf of the Aorere River Initiative. “I think this is a real victory for community-led grassroots river management in New Zealand. Without the Aorere river community, the story really wouldn’t have happened.” . .
Almost a third of businesses in regions see revenues fall
Three quarters of agricultural businesses expect economy to decline
Businesses in New Zealand’s rural areas are already feeling the effects of a significant slowdown for the agricultural sector, according the latest MYOB Business Monitor survey of over 1000 businesses nationwide, which includes over 200 rural SMEs.
Over the last 12 months, just 18 per cent of rurally-based SME operators have seen their revenue rise, compared to the SME average of 31 per cent. Almost a third (32 per cent) have seen revenue decline in the year to August 2015 (25 per cent SME average). . .
Fonterra director Farrelly replaces Norris on Fund board – Paul McBeth:
(BusinessDesk) – Fonterra Cooperative Group director Ian Farrelly will replace Ralph Norris as one of the dairy exporter’s representatives on the board of the Fonterra Shareholders’ Fund manager.
Farrelly will join the board of the fund’s manager at the close of its annual meeting on Nov.27 when Norris retires, Fonterra said in a statement. Farrelly has been on the board of Fonterra since 2007, having clocked up a 20-year career in banking including 15 years as head of ASB Bank’s rural division. He operates a 400-hectare calf rearing farm in Te Awamutu and has dairy farm interests in Canterbury and Waikato. . .
Lasers: the transformation to come – Lynley Hargreaves:
Cather Simpson wants every child and parent in New Zealand to know the word photonics – and to consider photonics science or engineering as a career. An Associate Professor at the University of Auckland and Director of the Photon Factory, she’s worked on problems as diverse as robotic surgery and sorting dairy herd sperm by sex. Now as part of the International Year of Light and Light-based Technologies, Associate Professor Simpson is working to give school children, and the general public, a glimpse of the future of laser manufacturing. . .
Primary Industries Minister Nathan Guy has welcomed the official start of a new Primary Growth Partnership (PGP) programme involving premium quality lamb products.
“The ‘Targeting New Wealth with High Health’ PGP programme aims to reach existing and emerging markets with a new class of premium lamb products with improved health qualities,” says Mr Guy.
“This is a collaboration between Alliance Group, Headwaters New Zealand and the Ministry for Primary Industries (MPI). It will help our producers tap further into the increasing demand for premium and healthy foods, and add value to our exports. . .
Rabobank’s Agribusiness Monthly provides timely information and analysis on agricultural conditions, commodity price updates and commentary on the latest sectoral trends and developments.
• Dairy – Global commodity prices have shown signs of recovery in recent weeks, as international buyers look for short-term cover, given that prices appear to have reached a floor.
• Beef – Steady demand from the US continues to fuel farmgate prices, with record levels reached this September (NZD 6.10/kg cwt). Prices have edged up 33% from last year, supported by seasonal tightening of supplies.
• Sheepmeat – Farmgate prices have continued to improve into September 2015, with supply tightening heading into lambing season. . .