Rural round-up

06/03/2015

World dairy prices and New Zealand droughts – Jim Rose:

Here is an image from the recent Westpac Economic Overview. As New Zealand is the world’s largest exporter of dairy products any disruption in the supply from New Zealand can impact on the global dairy prices.

The last few droughts saw world dairy prices increase considerably as milk supply from the rest of the world was unable to adjust to market conditions.

However supply capacity in the US and the EU has increased and with Russia’s import ban there is a much greater supply on the global market. Nevertheless, this doesn’t disprove the possibility that prices rise when supply falls short. The overall signs are that supply and demand are coming into line as Chinese buyers run down stocks.

The drought in New Zealand will further boost prices from current low levels. Westpac expect the milk price to rise to $6.40/kg for the next season. Below is a useful video…

ANZCO’s profit disclosed in Itoham’s statement – Allan Barber:

Japanese food company Itoham Foods announced last week an increase in its shareholding in New Zealand meat processor and exporter ANZCO Foods from 48.28% to 65%. As a result of the transaction it will be able to consolidate ANZCO’s revenues and earnings into its annual accounts.

 $40 million worth of shares are being bought from three entities: another leading Japanese food manufacturer Nippon Suisan Kaisha, chairman Graeme Harrison, and JANZ Investments, owned by Graeme Harrison and ANZCO staff members. The sale will see the minority shareholders reducing their shareholdings on a pro rata basis with Harrison’s effective holding falling from approximately 20% to 14%. . .

BOP Dairy Awards Boosts Careers:

Entering the Bay of Plenty Dairy Industry Awards has helped the region’s 2015 Sharemilker/Equity Farmers of the Year, Grant and Karley Thomson, secure a new position beginning in June.

The couple were the major winners at the 2015 Bay of Plenty Dairy Industry Awards held at the Awakeri Events Centre in Whakatane last night. The other big winners were Jodie Mexted, the Bay of Plenty Farm Manager of the Year, and Jeff White, the region’s Dairy Trainee of the Year.

The Thomsons, who won $10,100 in prizes, are currently 50% sharemilking (with a silent partner) 420 cows for Tom and Tony Trafford at Opotiki. . .

 

New Zealand King Salmon Success to Feature at Queenstown Agribusiness Symposium:

Aquaculture business, New Zealand King Salmon, will feature as one of the success stories at the second Queenstown Agribusiness Symposium this month.

New Zealand King Salmon successfully launched Ōra King premium salmon in 2012 to the international foodservice market.

The farmed salmon is now on fine dining menus around the globe.

The Queenstown Agribusiness Symposium attracts senior staff, managers and leaders from throughout Asia Pacific horticulture, agriculture, seafood and biotech industries to help them develop new ways to problem solve and grow their business. . .

Prime Minister John Key Visits Manuka Health’s New State of the Art Honey Facility:

New Zealand Prime Minister, John Key, has been given a tour of Manuka Health’s brand new multi-million dollar, purpose-built honey processing and distribution centre on a recent visit to Te Awamutu in the Waikato.

Mr Key was shown through the premises by Manuka Health CEO and founder, Kerry Paul. It is now the largest customised honey facility in New Zealand and combines internationally accredited laboratories, honey-drum storage, blending, packing and distribution under one roof.

Mr Paul, says it was a huge honour to have the Rt Hon John Key visit the new centre. . .

Tasman Young Farmers to be put to the test in ANZ Young Farmer Contest Regional Final:

The third ANZ Young Farmer Contest Grand Finalist will be determined next weekend, Saturday 14 March at the Tasman Regional Final held in Kirwee.

“This contest season is shaping up to be very exciting, every year the calibre of contestants continues to improve and impress,” says Terry Copeland, Chief Executive of New Zealand Young Farmers – organisers of the event.

The eight finalists are contending for a spot at the Grand Final in Taupo 2 – 4 July and their share of an impressive prize pack worth over $271,000 in products, services and scholarships from ANZ, FMG, Lincoln University, Silver Fern Farms, AGMARDT, Ravensdown, Honda, Husqvarna and Vodafone. . .

 


Rural round-up

05/03/2015

What drought really means for New Zealand: Jacqueline Rowarth:

As we head into another drier-than-normal season, New Zealand needs to put more thought into water management.

Urban rain and rural rain are different. The quality is the same – drops of water that, in New Zealand, fall out of the sky relatively pure – but interpretation of the quantity is very different.

Urban rain stops barbecues, dampens the washing on the line, and slows the traffic as though rain had never been experienced before. It interrupts activities for humans, but makes little difference to the ability of plants to grow, rivers to flow or dams to fill.

Rural rain does all three. Rural rain soaks into the ground. It reaches roots and allows the micro-organisms to function. When there is rain in sufficient quantity, primary production, and hence the export economy, flourishes. . .

Stead’s mission to help farmers – Sally Rae:

Angela Stead knows how to cook a good lamb roast.

Beef and Lamb New Zealand’s new extension manager for the central South Island not only has a passion for farming, she is also a trained chef.

Miss Stead started work last month, having returned from Australia where she had been working in the dairy industry and was looking forward to a new challenge. . .

ANZCO share sale bid:

ANZCO Foods founder and chairman Sir Graeme Harrison aims to reduce his shareholding in the company, while Japan’s Itoham Foods is looking to increase its stake.

Itoham Foods would increase its shareholding from 48.3% to 65% if its purchase offer was accepted by other shareholders and approved by the Overseas Investment Office.

In issuing notice to the Tokyo Stock Exchange, Itoham said it would buy 9,882,113 shares of ANZCO stock in cash transactions of just over $40 million. ANZCO has annual sales revenue of $1.3 billion. . .

Try the Dutch approach to dairy and use barns – Aalt Dijkhuizen:

New Zealand and the Netherlands are world leaders in dairy.

New Zealand has developed a unique, extensive dairy system with a low cost price. The Netherlands has gained a reputation for highly productive and efficient dairy farming using the latest technologies. Can the two countries develop systems that will satisfy growing demand while being more environmentally sustainable?

The global context of agriculture and food is changing dramatically.

Demand from fast-growing economies in Asia is expected to double over the next decades and there will be increasing scarcity of raw materials and land. To be leaders in green dairy New Zealand and the Netherlands should work together and learn from each other – and make the boat go much faster. . .

Culverden farmer elected to Beef +Lamb NZ board:

Culverden farmer Phil Smith has been elected as the farmer director to represent sheep and beef farmers in the Beef + Lamb New Zealand Northern South Island electorate.

Smith received 6916 weighted votes and Nigel Harwood of Takaka received 5749 weighted votes in the recent election.

Beef + Lamb NZ returning officer Warwick Lampp said the voting return percentage for Northern South Island was 25.88%, being 795 returned voting papers. . .

Farmers disappointed by restrictions in proposed drone rules – Karl Plume and P.J. Huffstutter:

U.S. farmers hoping to use drones to locate lost livestock or monitor trouble spots in their fields were disappointed by what they say are overly restrictive commercial drone rules proposed Sunday by the Federal Aviation Administration. 

Two of the long-awaited draft rules were singled out for particular criticism: a requirement that pilots remain in visual contact with their drones at all times and a height restriction that limits the crafts to flying no more than 500 feet above ground.  These constraints, farmers and drone operators say, would limit a drone’s range – and consequently its usefulness.

    Leading drone makers PrecisionHawk and Trimble Navigation Limited (TRMB.O), farm data services firms, including ones run by Monsanto (MON.N) and FarmLogs, and even some federal lawmakers are saying the proposed rules could delay the development of drone-assisted agriculture in the United States if they are finalized as currently written.

The FAA said farmers can address the line-of-sight limitation by placing spotters to track a drone’s pilot. . .


Rural round-up

09/12/2013

Alliance targets increased lamb exports to Iraq – Hannah McLeod:

Alliance Group plans to increase exports to the Middle East.

The company has just completed its first year exporting directly to Iraq, supplying Pure South lamb to hotels, restaurants and catering companies.

Group general marketing manager Murray Brown said yesterday Alliance provided more than 1000 tonnes of red meat to the Middle Eastern country this year.

They hoped to increase their presence in the Iraq market by introducing a wider product range, and doing more promotional work. . .

Meat exporter turns loss into profit

Meat exporter ANZCO Foods has turned around its last-season loss to record a post-tax profit of $12.2 million for the year to September

The result comes from total revenue of nearly $1.3 billion.

It is an improvement on the $19.1m deficit during a difficult 2011-12 season for red-meat trading and the company says its books are in a healthy position.

ANZCO was begun by Sir Graeme Harrison, who is company chairman, and is owned by three shareholder groups led by Japanese company Itoham Foods . . .

Progeny test helps Perendale breeding – Sally Rae:

Warren Ayers believes Perendale New Zealand’s progeny test will lead to the betterment of the breed.

Now in its fourth year, the test has been extended, with facial eczema and maternal traits, including body condition scoring and ewe longevity, added to the measurements.

Guided by a Perendale genetics group, the society is working with AgResearch and Ovita, with Beef and Lamb New Zealand investment.

Mr Ayers has taken over as host farm for the South Island portion of the progeny test, while a property at Tutira in Hawkes Bay is also involved. . .

Outlook fine for merinos – Sally Rae:

Mark Ferguson may be trying to help provide the perfect sheep – but he also reckons he has the perfect job.

Dr Ferguson is an Australian-born geneticist specialising in fine wool sheep who moved from Western Australia to Christchurch last year to join the New Zealand Merino Company.

He is leading NZM’s production science project, an initiative that aims to unlock the potential of ”the perfect sheep” – one that was healthy, fertile and high-producing, with high-quality meat and wool fit for high-value markets. . .

Survey looks at whitebaiting culture- Yvonne OHara:

Whitebaiting is quintessential Southland and part of the culture, like deer hunting, Environment Southland’s science technical adviser Dr Andy Hicks says.

He sent out a questionnaire in August to about 600 registered holders of whitebait stands in the lower Mataura and upper Aparima areas, to find out their opinions on their whitebaiting experiences.

About half of the respondents (54.5%) of the survey wanted to see more whitebait and better water quality, while about 23% thought there was no need for any change. About three-quarters (73%) of the 100 respondents said they were happy with their experience. However, 20% said they were not. . .

Fonterra finds cause of milk contamination:

Fonterra has completed its inquiry into an October incident in which 150,000 litres of milk in 14 tankers was contaminated with suspected mining waste at its Eltham Plant in Taranaki.

The milk was contaminated with mud and gravel and was disposed of at an Eltham waste plant.

Fonterra’s lower North Island regional manager Scott Walls says the company now knows what happened and has made changes so it can’t happen again.

He says a contractor had accidentally connected a trailer that was not intended to transport food products to a truck unit. . .


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