Lipstick doesn’t hide the ugly truth – Allan Barber:
Silver Fern Farms released its annual loss accompanied by a press release which attempted to put some gloss on what was in reality an awful result. It was an improvement on the year before, a matter of some pride on the teleconference this morning, but a $36.5 million loss was only $5.8 million less than the previous year.
The main improvement was in the cash flow deficit which at $5.1 million was a lot better than the deficit of $104 million in 2012. Nevertheless chairman Eoin Garden’s statement that ‘the equity position at 39% (down from 41%) is healthy and the business platform is sound and competitive’ is a matter for debate and looks suspiciously like applying lipstick to a pig. . .
$56,000 for feed – Geraldine Panapasa:
THE shortage of copra meal in the dairy industry has forced the Fiji Cooperative Dairy Industry Limited Company to look to its regional neighbour for assistance in supplying supplementary feed.
Cooperative chief executive Sachida Nand said four containers from the Solomon Islands carrying 85 tonnes of palm kernels had arrived in Fiji to supplement the major shortage in copra meal and cost the company about $56,000.
He said two containers of the supplementary feed arrived last month and more were expected in the future. . .
The Farm Forestry Association says it’s too early yet to know how many of the trees lost in the spring storms in Canterbury will be replaced.
Well over 1 million tonnes of timber were lying on the ground throughout Canterbury and further afield in September and October.
Entire shelter belts were knocked down and some commercial plantations and woodlots were badly damaged.
National president Ian Jackson of Canterbury said the priority at the moment is to get the clean-up done. . .
In collaboration with technology company Fronde, FarmIQ has created an online farm management system that helps farmers produce a red meat product that will consistently meet consumer preferences and provide better returns.
FarmIQ, co-funded by the Ministry for Primary Industries, Landcorp and Silver Fern Farms was established to transform the nearly $8 billion annual export red meat industry through innovative technology. . .
The proposed new Game Animal Council will have a new responsibility of developing and applying a code of practice for aerially-assisted trophy hunting, Conservation Minister Dr Nick Smith announced today.
“Hunters and other backcountry users are concerned that certain aerially- assisted trophy hunting methods undermine their recreation through un-sportsman-like hunting. They have lobbied to prevent the practices of shooting from the helicopter, or using the helicopter to herd animals towards the hunter or exhaust them through the practice of hazing,” Dr Smith says. . .