Farm profit 26% drop predicted – Sally Rae:
Average farm profit before tax on sheep and beef farms is predicted to fall 26% this season amid continued uncertainty due to Covid-19, Beef+Lamb New Zealand’s new season outlook says.
The report, released yesterday, sets the scene for a challenging year with declines predicted in both sheep meat and beef export receipts as the pandemic affects global economies, consumer demand and trading channels.
Lamb export receipts were forecast to drop by almost 15% and co-products to decline about 8% compared with the 2019-20 season. Beef and veal export revenue was predicted to decline by 9%.
The uncertainty in the export market would be reflected in farm-gate prices and subsequent farm profitability, B+LNZ’s chief economist Andrew Burtt said in a statement. . .
Jobs warning over migrant worker rules – Sally Rae:
Jobs are in jeopardy in the meat processing and exporting sector unless the Government recognises the essential role of its skilled migrant workforce, the Meat Industry Association has warned.
About a third of the country’s 250 halal processing workers would have to leave New Zealand next year due to the Government’s one-year stand-down policy, MIA chief executive Sirma Karapeeva said in statement.
The loss of those people, along with ‘‘hundreds of other essential meat workers’’, could result in reduced production and job losses in New Zealand’s largest manufacturing industry, Ms Karapeeva said.
“Most of the 42 halal processing plants in New Zealand now operate between 10-12 months per year. A shortage of skilled halal processing people could result in production at many plants being limited to six months in the year, which would mean processing of livestock for farmers is severely disrupted and employees might be let go. . .
New woman at the helm of IrrigationNZ – Annette Scott:
Irrigation New Zealand is to be guided by a new chief executive in a new location and with a refreshed strategy. Annette Scott talked with Vanessa Winning about her new role.
FORMER DairyNZ farm performance manager Vanessa Winning is looking forward to leading New Zealand’s irrigation sector as it heads into a new era of management and renewed focus.
Winning has been appointed the new chief executive of IrrigationNZ, taking up the role in the organisation’s new Wellington base.
Following a review of the organisation’s activities the board, in July, put renewed focus on solving the tension between the fundamental need for irrigation in a post-covid NZ and the sector’s increasingly restricted license to operate. . .
A global campaign designed to grow awareness, preference and demand for New Zealand Food and Beverage products in the key export markets of Australia, China, Japan, the USA and the UK has launched today.
The campaign, titled ‘Made with Care’, is being led by New Zealand Trade and Enterprise (NZTE) and is part of a wider ‘Messages from New Zealand’ country brand campaign, which sees Tourism New Zealand (TNZ), NZTE, Ministry for Primary Industries, Education New Zealand and New Zealand Story join forces to promote New Zealand’s brand on the world stage.
New Zealand’s food and beverage industry is a key player in our economy, accounting for close to 46% of all goods and services exports in the past year. In 2018/2019, the industry had a combined revenue of $71.7 billion, with exports reaching more than 140 countries. . .
CBD lifts mānuka value higher – Richard Rennie:
If a spoonful of sugar helps the medicine go down, then a snap-pack of Manuka honey may help you down a daily dose of CBD. Richard Renniespoke to Derek Burchell-Burger of Naki New Zealand about the company’s ground-breaking cannabidiol-infused honey nutraceutical.
For centuries cannabis and honey have been remedies used by assorted civilisations, and a Taranaki-based company is combining the two as a unique nutraceutical product.
“Indigenous cultures have been putting medicine in honey for generations, honey is a very good delivery system,” Naki New Zealand global marketing manager Derek Burchell-Burger said.
With Manuka honey’s popularity rising particularly over the covid pandemic, the company saw an opportunity for adding the therapeutic cannabidiol (CBD) to leverage off Manuka’s health and healing claims. . .
A former market gardening operation now fully converted into a highly productive dairy farm and supporting cropping unit in the Eastern Bay of Plenty has been placed on the market for sale.
The 153.9-hectare property at Otakiri some 24-kilometres west of Whakatane milks a herd of between 410-430 cows to produce between 133,000-153,186 kilogrammes of milk solids annually, while also producing maize and silage for the herd.
The farm is made up of seven freehold land titles – all with a flat topography and linked by an extensive and high-quality network of crushed-lime races – with the maize and silage grown on a pair of 7.5-hectare blocks within the property. . .