This week has of course been dominated by the Kaikoura earthquake. Our thoughts go out to everyone affected and Feds is playing an important part in the response efforts.
As well as the impacts on people’s lives and livelihoods, there will be significant economic ramifications, both immediate and long-term. The impacts will be felt locally and nationally.
The actual amount of damage and costs involved are still unclear and will take time to emerge. What we do know though is that the scale of the disaster is immense and there has been severe damage to crucial transport and communications infrastructure, not to mention farms, businesses and homes.
The cost of repair and rebuild alone will likely be in the billions and then there is the cost of the disruption, including lost business. . .
A support package for the primary sector around the upper South Island has been announced today by Primary Industries Minister Nathan Guy.
“The earthquakes this week have had a major impact on farmers, fishers, growers and the wine industry. The damage is widespread and severe and will need the help of the Government to recover,” says Mr Guy.
The package today involves funding of at least $5 million and includes:
- $4 million for Mayoral Disaster Rural Relief funds (Hurunui, Kaikoura and Marlborough) to help with non-insurable assets such as tracks, on-farm bridges and water infrastructure
- $500,000 to support Rural Recovery Coordinators in the Hurunui, Kaikoura and Marlborough Districts
- $500,000 extra funding for Rural Support Trusts
- $200,000 per month to mobilise and support skilled primary industry students and workers for farm recovery work
- Rural Assistance Payments (RAPs) from Work and Income NZ – emergency payments for farmers in real hardship. . .
Financial relief announced today for quake-stricken North Canterbury and Marlborough farmers will go a long way towards getting these families back up and running.
Federated Farmers president Dr William Rolleston says farmers will be pleased with the Government’s comprehensive range of $5 million in funding for various aspects of the quake response and recovery.
“The mayoral fund is specifically aimed at rural communities. It’s designed to help with restoring uninsured on-farm infrastructure like tracks, bridges and water reticulation. . .
Federated Farmers has reopened its Adverse Events Trust Fund to raise funds to support farms affected by the North Canterbury earthquake.
The trust fund will take donations which will be spent on immediate emergency support for farms, including emergency supplies, farm equipment, essential tools and materials.
“It’s a times like this that people are so keen to help, and that’s fantastic, but we have to be aware, the reality is dollars are going to be required to get these farms back up and running,” Federated Farmers adverse events spokesperson Katie Milne says. . .
Plenty of positive talk about venison and velvet season – Yvonne O’Hara:
“Positive” and “encouraging” are words that deer farmer and veterinarian Dave Lawrence, of Browns, is using to describe this year’s venison and velvet season.
“It is all very positive,” Mr Lawrence said.
“The venison schedule is about $8kg.
“In seasons gone by, the trend was to peak at about $8 and now there is talk about that being the bottom.
“It is very encouraging.”
He said as the industry moved out of the trough, deer farmers were now retaining more stock to build up numbers, rather than sending them to the works. . .
DairyNZ has welcomed the increased forecast milk price announced today, as a boost to dairy farmers as well as the regional and national economies.
The increase of 75 cents brings Fonterra’s 2016/17 forecast farmgate milk price to $6/kg milksolids (MS) – a lift of $1.75/kg MS since the start of the season, which brings a boost for average dairy farmer revenue of $260,000 or $3 billion nationally.
Today’s 75 cent increase equates to a $1.3 billion lift in the value of this season’s milk production. . .
The trade in dairy products has suffered a number of massive blows in the last three years and is set to continue face headwinds going forward. The Russian trade embargo, the slowing of demand growth from China, the impact of low oil prices on demand from oil exporting countries and the strengthening of the US dollar have all had an impact on the demand for imports. The expansion of production surrounding the removal of production quotas in Europe added to the pain and resulted in a period of extremely low world prices, according to Rabobank’s report “Strong Headwinds Weigh on Trade Growth.”
“And when we look forward”, says Kevin Bellamy, Global Strategist Dairy at Rabobank. “We see that none of these issues has been resolved. The Russian ban will be in place at least until 2017. Demand from China will continue to grow but at a slower rate, oil prices are forecast to remain at around the USD 50 per barrel mark, and the dollar is forecast to maintain its high value against other currencies. As a result, dairy trade is likely to grow at a slower rate than in recent years, driven more by population growth than per capita consumption increases.” . .
Avian diptheria has killed one in three yellow-eyed penguin chicks hatched at two north Otago colonies this year.
Outbreaks of the disease have been occuring every second season on average for at least the past 17 years and young chicks are particularly vulnerable to the disease.
Penguin Rescue manager Rosalie Goldsworthy, who looks after two colonies on the Moeraki Peninsula, said 31 out of 85 chicks hatched this year had died – many before they could be treated with antibiotics.
The disease first took hold in 1999, and at that point there were more than 600 breeding pairs on the mainland.
That population had declined to just 200 breeding pairs. . .
New Zealand is set to grow its largest ever export apple crop of 21.5 million cartons worth a record $800 million, the industry’s leader announced today.
Pipfruit New Zealand chief executive Alan Pollard said the success of New Zealand’s apple industry was breaking all records.
“We are the first of New Zealand’s larger primary sectors to meet the Government’s challenge of doubling exports by 2025, and are well ahead of our own target of becoming a billion dollar industry by 2022. . ..
When Invivo winemakers were looking for a personality to make a Pinot Noir to match Graham Norton’s Own Sauvignon Blanc, they looked no further than Paul Henry. Now Paul ‘The Palate’ Henry can add winemaker to his career.
The self-confessed Pinot Noir expert was happy to team up with Invivo, the makers of award-winning Graham Norton’s Own Sauvignon Blanc, to produce a limited edition run of Paul Henry’s Own Pinot Noir.
Henry, who jokes about his highly attuned taste buds and advanced palate, says “I have been in training for this for years, most recently fine-tuning my expertise by specialising on reds, particularly Pinot Noir”.
Invivo co-founder Tim Lightbourne says, “When Paul put up his hand, we put a glass in it. Paul sees himself as bit of a wine buff, so we taught him about the blending process, then sat him down at the blending bench and said ‘go for it’”. . .