Why agribusiness is different – Keith Woodford:
There is a common perception within Business Schools that agribusiness should operate by the same principles as other businesses. The reality is somewhat different. Agribusiness plays by its own complex set of biophysical rules, and beats to its own drum.
There are at least six defining reasons why agribusiness is different from most other types of business. It is these differences which make agribusiness so complex, so fascinating, and at times so frustrating. It is these same differences that can also cause so-called business experts to struggle when they apply their textbook skills to agribusiness.
The six defining characteristics are long investment cycles, long production cycles, production volatility, food safety issues, the politics of food security and environmental implications. The specific ways that these characteristics play out vary from situation to situation. . .
Education for Agribusiness – Keith Woodford:
Last week I wrote about how agribusiness was fundamentally different to other forms of business. I described the defining characteristics as long investment cycles, long production cycles, production volatility, food safety issues, the politics of food security, and environmental impacts. The one I missed was perishability.
All of the above have implications for agribusiness education. Without an understanding of biology, agribusiness managers will blunder.
Of course agribusiness managers also have to understand the principles of economics, marketing, accounting, finance, and law. And then there is the challenge of bringing all of these together within an overall bio-physical system. . .
Kiwi gene tool offers big boost – Abby Brown:
Kiwi technology developed to find desirable sheep traits and now being used on Atlantic salmon could boost agricultural profits by $300 million every year.
It has potential for use on other farm animals, pastures, pests, trees and diseases and could be used for audit and traceability purposes.
Genomic tools created by AgResearch to test a sheep’s genetic worth and predict its future productive merit and meat quality are now being transferred to Atlantic salmon in Iceland in a project that could see them used in other animals, plants and organisms.
The Infinium chip’s technology has enabled researchers to profile a diverse range of traits in a sheep’s DNA and for the first time across a variety of breeds. . .
Employers must recruit on skills – Marie Taylor:
Fencepost Jobs website staff have refused to post advertisements for dairy farmers who want to employ only Filipino staff.
Employing people had a large legal responsibility that went with it and human rights legislation made it illegal to discriminate in employment, which started with advertising roles, DairyNZ people team leader Jane Muir said.
All New Zealand employers, including farmers, had to recruit on skills, Muir said.
“This should also give you the best person for the role.”
A Fencepost spokeswoman said while the site was the largest in the country for dairy workers, containing up to 500 advertisements for work wanted or offered at one time, the advertisements were not policed. . .
Rissington Station’s advanced weaning approach, honed over the past five years, is to wean calves at 150 days old instead of the traditional March or April date.
A minimum liveweight threshold of 160kg is applied but in practice calves are averaging 230kg at 150 days. . .
DairyNZ’s Craig McBeth drove from Hamilton to Wellington last weekend and got a pretty good idea of the situation, he says.
The drought is severe in Waikato and he was amazed at how dry it was around Otaki in Horowhenua, he says. He knows it is equally dry in parts of Northland’s west. . . .