Booklet kicks off Fonterra structure review – Hugh Stringleman:
Fonterra’s farmer-shareholders have received a preliminary booklet on the co-operative’s governance and representation, raising many questions but not providing answers.
It begins a five-month journey to a revised structure more appropriate for Fonterra’s size, complexity and global ambitions. Farmer-shareholders will be expected to contribute to the review and vote on the final proposal in May. . .
Rabobank announces new head of Food & Agri Research:
Rabobank Australia & New Zealand Group has announced the appointment of Tim Hunt as new General Manager of its Food & Agribusiness Research (FAR) division.
Mr Hunt takes on the role after five years with Rabobank in New York, where he served in the international position of Global Strategist – Dairy.
In his new role, Mr Hunt will lead Rabobank’s highly-regarded food and agri commodities research team – comprising 10 specialist analysts – in New Zealand and Australia. . .
Alliance drafter has eye for winner – Sally Rae:
Warwick Howie received a little good-natured ribbing when he won the Paddock to Plate competition at the recent Otago-Taieri A&P Show.
Mr Howie, a drafter for Alliance Group, laughed that he had ‘‘copped a bit of flak” following the victory.
The competition, which attracted 41 entries, has become an annual fixture at the show, with proceeds going to the A&P Society. . .
Course already tidy for Legends – Sally Rae,
When it comes to maintaining the Tokarahi golf course, greenkeeper Marty McCone has the same philosophy as for his farm – he likes it tidy all the time.
So preparing for this month’s PGA Legends Tour, which is returning to Tokarahi for the second year, did not require an extraordinarily massive effort.
‘‘I try and keep the course up to speed all the time. There’s a lot of little things you do to have it really tip-top,” Mr McCone said. . .
Synlait revises milk price forecast to $4.20:
Synlait Milk has revised its forecast milk price for the 2015 / 2016 season from $5.00 per kgMS to $4.20 per kgMS.
Chairman Graeme Milne said the revision is driven by the sustained low global commodity prices since September 2015, and a view that the recovery will be slower than anticipated.
“Our previous forecast of $5.00 kgMS expected prices to recover somewhat by this stage in the season, however this hasn’t happened and our revised forecast reflects this,” said Mr Milne. . .
World Wetlands Day celebrated:
World Wetlands Day is a chance for New Zealanders to find out more about some of the country’s most important natural treasures, Conservation Minister Maggie Barry and Associate Conservation Minister Nicky Wagner say.
To mark the day the Department of Conservation has released a new online resource,Our Estuaries, to help people explore and look after the wetland environment.
“New Zealand has more than 300 estuaries, and they are home to a wide range of native plants, fish and birds,” Ms Barry says. . .
Rethink needed over dairy farm planting incentives:
The cost and benefits of planting trees to help mitigate environmental effects of dairy farming need to be shared by us all for it to succeed, a new study says.
Evaluation of an agri-environmental program for developing woody green infrastructure within pastoral dairy landscapes: A New Zealand case study says Government incentive programs are ineffective in overcoming barriers to planting such as the higher cost and slow growth of native plants, and the perception of planting being of little direct benefit to farmers’ operations.
Lead author, Lincoln University Landscape Ecology Senior Lecturer, Dr Wendy McWilliam, says the Government and the dairy industry need to work closely together to develop and maintain a landscape-scaled woody vegetation network on both private and public land. . .
Forestry show NZ way to better safety:
A sharp drop in forestry deaths and serious injuries after a massive safety overhaul in 2014 shows what can be achieved when an industry joins together to make improvements, the Business Leaders’ Health and Safety Forum says.
The fall is welcome and sets an example for other industries to follow, says Forum Executive Director Francois Barton.
“Forestry has shown us some of the things that need to be done to bring down high fatality and serious injury rates in an industry,” Francois says. . .
Good Progress – But More Work to Do to Make Forestry Safe:
A reduction in deaths and serious injuries in forestry since 2013 is encouraging but there is more work to be done yet, the Forest Industry Safety Council (FISC) says.
WorkSafe figures show serious injuries halved to 78 in 2015 from 160 in 2013, FISC National Safety Director Fiona Ewing says.
“The trend is going in the right direction but we can’t rest on our laurels. Three forestry workers died in 2015. That’s well down on the 10 who died in 2013 but it’s up from just one in 2014.. . .
Irrigation scheme loan approved:
An $8 million loan from the Selwyn District Council means design of stage two of a multi-million dollar irrigation scheme can go ahead.
The council approved the loan to Central Plains Water last month, with the money expected to transfer over next week.
But a community group told RNZ News rate payers should not be lending money to fund a private shareholder scheme. . .
Ruataniwha Dam: Investor mix still being finalised:
Hawke’s Bay Regional Council’s investment company (HBRIC) says work on getting farmers to sign up to buy water from the proposed Ruataniwha Dam is on hold until the project’s investor mix becomes clearer.
HBRIC has been looking for institutional investors to put money into the dam since Trustpower and Ngai Tahu pulled out in early 2014, saying the risks surrounding the dam were too high and the returns too low.
The company said it had countersigned contracts for 31 million cubic metres of water with a minimum of 45 million cubic metres needed to be sold to make construction financially viable.
It said finalising the investor mix for the Ruataniwha Dam was its current focus. . .
Global slump in fert prices benefits NZ farmers:
New Zealand farmers stand to benefit from significant savings on their farm nutrient inputs with Ballance Agri-Nutrients’ latest round of price reductions, effective 31 January.
The price review sees urea drop $50 to $525, DAP reduce $25 per tonne, sulphate of ammonia by $15 and potash by $10. These changes will flow through to product blends.
Ballance CEO Mark Wynne says the move comes on the back of a global slump in fertiliser prices, driven by strong supply and soft demand. . .
Lowest urea price since 2007:
Farmers stand to benefit from a $50 per tonne saving for urea from 1st February, when Ravensdown will drop its prices.
Chief Executive Greg Campbell says he is pleased that Ravensdown is again leading on a price reduction for farmers who are facing increasing costs in many aspects of their business whilst their returns are under pressure.
“We said it not long ago, with our recent superphosphate cap,” Greg says, “that we are about delivering all-year value to our shareholders, and we’re demonstrating it again with urea and other products.” . .