Rural round-up

June 3, 2015

At Mt Mable what you see is what you get– Kate Taylor:

A PASSION for bloodlines and pedigrees is evident when talking with Norsewood angus breeders Kevin and Megan Friel.

Mt Mable Angus Stud was established at Ohura, west of Taumarunui, almost 50 years ago by Kevin’s parents Allen and Maisie Friel, with the majority of foundation stock acquired from the Puketutu Stud.

On-farm sales started in 1986. Kevin and Megan took over in 1997 and moved the stud to the 880ha Pukerimu Station at Norsewood, north of Dannevirke, in 2008. . .

BERL projects calf feeding could give dairy economy a $340m GDP boost:

Economic benefits worth up to $340m in GDP could accrue from an innovative new science-based and internationally peer-reviewed calf nutritional programme if adopted by 10% of the national herd, new research shows.

Economic research firm BERL has analysed the results from a seven-year ongoing longitudinal study conducted by Massey University (the first research of its kind in New Zealand) into the efficacy of the Queen of Calves feed supplement programme, which uses marine and land plant extracts to enhance the nutritional value of the milk fed to calves. . .

Applications Open for Fonterra Farmers to Lock in Guaranteed Milk Price:

Following last week’s announcement of the 2015/16 forecast Farmgate Milk Price, applications are now open for Fonterra farmers to lock in a Guaranteed Milk Price (GMP) for a percentage of their milk.

There are two opportunities in the 2015/16 season to secure a GMP on 60 million kgMS – up to 40 million kgMS is available in June, and up to 20 million kgMS will be available in December. Farmers who are looking for a GMP can now apply to supply some of their estimated milk production across one or more of five prices ($5.25, $5.15, $5.05, $4.95, and $4.85) at and below the 2015/16 forecast Farmgate Milk Price. . .

Southern Dairy Hub Gets Green Light:

The Southern Dairy Hub has the approval needed to proceed from its industry partners, DairyNZ and AgResearch.

Southern Dairy Development Trust Chair Matthew Richards says the Trust presented the results of its fundraising efforts to the Board of Directors of DairyNZ and AgResearch this month, and sought their approval and financial backing.

The Trust received 516 farmer pledges, with funds committed totalling $1.3 million. It had targeted $2 million in farmer pledges towards the proposal but the support from a majority of southern dairy farmers was a key determining factor in both Boards’ decision for the Hub to go ahead. . .

NZX dairy derivatives have record month in May as uncertainty, liquidity drive demand – Tina Morrison:

(BusinessDesk) – NZX had a record trading month for dairy derivatives in May, as increased liquidity and uncertainty around dairy prices stoked demand for options.

The NZX Global Dairy Derivatives market traded 18,225 lots across futures and options in May, beating the previous record of 14,723 in August last year. Some 65 percent of the May trades were in options, compared with just 15 percent in August. . .

Briefing on the New Zealand Dryland Forests Initiative:

The committee commends the work of the New Zealand Dryland Forests Initiative. NZDFI is a research and development project working to develop ground-durable eucalypt species suited to New Zealand’s dryland regions.

On Thursday the committee heard from representatives of NZDFI including its founder Paul Millen, and Chairman, Shaf van Ballekom. The vision of NZDFI is for New Zealand to be home to a multimillion dollar sustainable hardwood industry based on 100,000 hectares of eucalypt forests, by 2050. . .

Mid-Canterbury Rural Business Network focuses on turning obstacles into opportunities:

Rural business professionals in Mid-Canterbury will have an opportunity to develop their businesses and strengthen their networks with the second Mid-Canterbury Business Network event for 2015. Mid-Canterbury will host its second event for the year on 9 June at the Hotel Ashburton, Ashburton.

The Rural Business Network provides an opportunity for rural-based business people to participate in events that will help them grow their businesses through networking and learning from others. RBN aims to connect innovative, motivated people from across the range of primary industry sectors with successful, experienced businessmen and women creating opportunities to share ideas, be inspired and learn by example. . .


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