Rural round-up

May 15, 2015

Is life down on the farm about to change forever? – James Stewart:

Farmers deal with change all the time. We become obsessed with sun, rain and everything in between which is what happens when your whole livelihood depends on the natural elements. This is part of the volatile world we deal with. All you need to do is throw in commodities and exchange rates and it can make for an extremely challenging environment. This is an accepted fact of life for a farmer.

To add to the abyss of unknown, farmers are anxious about what the health and safety reform will bring and the new challenges that lay on the horizon. We all want to come home from work alive. Unfortunately this will not always happen as you just can’t eliminate all of the risk out of farming.

My own personal experience of a fatality on my own farm still haunts me to this day. Going through a police and OSH investigation was nothing compared to the emotion of meeting the parents the following day to try and explain what may have happened. I take every practical step to prevent accidents happening, but the world we live in is not perfect and accidents happen. . .

One in four dairy farmers in negative cashflow this season, Wheeler says – Paul McBeth:

(BusinessDesk) – Another year of sagging dairy prices would be a concern for New Zealand’s economy and especially for the 25 percent of farmers currently carrying debts above 65 percent of the value of their assets and currently trading in negative equity, says Reserve Bank governor Graeme Wheeler.

Expanding at a parliamentary hearing on this morning’s release of the central bank’s six monthly financial stability report, which imposed new macro-prudential restrictions on lending on Auckland housing, Wheeler said “another year of low prices, that would be a worry for the economy, no question, and also that would be a worry for farmers in terms of their debt capacity.” . . .

Step up, Foterra told – Sally Rae:

Fonterra’s strategy needs to start delivering or its market share will shrink further, Federated Farmers Otago dairy chairman Stephen Crawford says.

The results of small Waikato-based dairy co-operative Tatua and West Coast-based Westland Milk Products’ might well ”far exceed” Fonterra, so it might eventually need to front up and stop blaming volatility, which was experienced by all players in the market, Mr Crawford said in his report to Federated Farmers Otago’s annual meeting in Dunedin yesterday. . . 

 

Horowhenua vegetable growers hit by wet weather again – Gerard Hutching:

Vegetable growers in Kapiti and Horowhenua have been hit by wet weather for the second year in a row.

Woodhaven Garden grower John Clarke, based in Levin, said it was shaping up to be as difficult a season as last year, when autumn had been the wettest he had seen in 31 years of growing.

“It’s starting to trend the same way. It has certainly impacted on what we’ve been able to plant. One day recently we had a hit of 125 millimetres [of rain] and the day before 50mm,” Clarke said.

Metservice figures show 157mm has fallen in the Levin region over the past month. It forecasts rain to continue for the next 10 days, with little prospect  of sunshine. . .

Taranaki rural crime issues reach the top – Sue O’Dowd:

Taranaki farmers who highlighted rural crime have been invited to be part of a national committee looking at a rural policing strategy. 

An inaugural meeting in Wellington on Wednesday among representatives of police, Federated Farmers, Ministry for Primary Industries, Neighbourhood Support, Community Patrols and Rural Women NZ aimed to formulate a consistent approach to rural crime prevention throughout the country. 

Co-ordinator of community policing Alasdair Macmillan, of Wellington, has been working for months on increasing the awareness of what he calls “rural crash and crime”. 

“I came across this group in Taranaki,” he said. “These guys are up and running. What have they got? Do we need some tips from them?” . . .

Fonterra expansion take mozzarella to the world:

Work is complete on a new mozzarella plant at Fonterra’s Clandeboye site, doubling production of the world-famous cheese and creating enough mozzarella to top more than 300 million pizzas a year.

Work is complete on a new mozzarella plant at Fonterra’s Clandeboye site, doubling production of the world-famous cheese and creating enough mozzarella to top more than 300 million pizzas a year.

The mozzarella – one of the Co-operative’s most sought after cheeses – is destined for global pizza and pasta restaurant chains across China, Asia and the Middle East. . .

Rural Equities accepts Webster takeover offer for stake in Tandou – Jonathan Underhill:

(BusinessDesk) – Rural Equities, the farming group majority-owned by the Cushing family, will sell its 6.4 percent stake in ASX-listed Tandou into a takeover offer from Australian agricultural and water company Webster.

Webster’s shares have jumped 26 percent on the ASX this year and the stock is rated a ‘strong buy’ based on a Reuters survey of analysts.

Webster is Australia’s biggest vertically integrated producers of walnuts, accounting for more than 90 percent of the nation’s export crop. It has been on an acquisition spree, buying water entitlements and more than 45,000 hectares of land known as the Kooba aggregation for A$116 million in December and making an A$124 million offer for Bengerang, a large-scale NSW cotton farmer with its own portfolio of water entitlements. . .

Mainman insecticide application approved:

An Environmental Protection Authority (EPA) decision-making committee has approved with controls an application from ISK New Zealand Limited to manufacture or import the insecticide Mainman, which contains the new pesticide active ingredient flonacamid.

Mainman is intended to be used for the control of aphids and psyllids on potatoes and possibly other specific pests associated with horticultural crops. The application is for Mainman to be used by commercial growers and contractors on vegetable crops. . .

 


Rural round-up

October 19, 2013

Pengxin, Synlait founders make $85.7 mln offer to take over Synlait Farms – Paul McBeth:

(BusinessDesk) – Shanghai Pengxin, which bought the Crafar family farms in a controversial deal last year, and the Synlait founders are offering $85.7 million to buy South Island dairy farmer Synlait Farms.

SFL Holdings, a joint venture between Pengxin and Synlait Farms chief executive Juliet Maclean and director John Penno, is offering $2.10 a share to Synlait Farms investors in a full takeover bid for the company which operates 13 dairy farms and a total herd of almost 13,000 cows. That’s a 31 percent premium to the $1.60 price the shares last traded at on the Unlisted platform.

If the takeover is successful, SFL plans to inject a further $20 million in fresh capital to reduce debt and accelerate investment. It also plans to reinvest all surplus cash to fund further growth. Penno and Maclean will hold about 26 percent of SFL, with Pengxin owning the rest via New Zealand Standard Farm, a subsidiary of its Milk New Zealand unit. . .

Spierings blames ‘she’ll be right attitude’ for Fonterra botulism scare – Christopher Adams:

Fonterra chief executive Theo Spierings compared the company’s botulism debacle to Emirates Team New Zealand’s near-capsize during the America’s Cup. Photo / Greg Bowker

Fonterra chief executive Theo Spierings says a “she’ll be right attitude” was one of the causes of the company’s botulism fiasco.

Business leaders have gathered in Auckland today for the annual China Business Summit.

The event’s main focus this year is the ongoing impact of Fonterra’s whey protein contamination scare, which led to a global recall of consumer products, including infant formula, but turned out to be a false alarm.

Addressing the summit, Spierings said Fonterra was world class in manufacturing and food safety but the company still needed to “lift its game”.

“That was one the key learnings [of the botulism scare] – a ‘she’ll be right’ attitude is not acceptable,” he said. . .

Primary Growth Partnership enhances world-class Mozzarella technology:

A Primary Growth Partnership programme is helping deliver world-leading patented technology for the production of quick-frozen grated mozzarella.

The Transforming the Dairy Value Chain programme is driven by Fonterra, Dairy NZ and the Ministry for Primary Industries (MPI) under the Primary Growth Partnership. The technology, which is being expanded at Fonterra’s Clandeboye site in South Canterbury, enables quick-frozen, natural, shredded mozzarella to be produced in just a day—a process traditionally taking around two months.

“This is a key demonstration of the type of innovation that is being enabled by the Primary Growth Partnership,” says Justine Gilliland, Director Primary Growth Partnership, MPI. . .

Creating the ‘angus moment’ – Gerald Piddock:

Angus beef must position itself as a guilt-free indulgence for wealthy consumers around the world if it is to prosper in the modern world, a leading brand strategist says.

But to achieve this would require a new way of thinking, Brian Richards told farmers at the World Angus Forum in Rotorua.

It meant angus farmers viewing themselves not just as sellers of protein but also as producers of a food experience, Richards said in his keynote address at the forum. . .

New Zealand wine industry ‘icon’ receives 2013 trans-Tasman agribusiness leadership award:

New Zealand wine industry luminary Sir George Fistonich has been named the recipient of the 2013 Rabobank Leadership Award for his outstanding contribution to agribusiness.

A pioneer of modern-day winemaking in New Zealand, Sir George, the founder and owner of Villa Maria Estate, was presented with the prestigious trans-Tasman honour at the annual Rabobank Leadership Award Dinner in Melbourne last night.

Australian grains industry advocate Georgie Aley was named Rabobank Emerging Leader, a new award category recognising up-and-coming young leaders in New Zealand and Australia’s food, beverage and agribusiness industries.

Announcing the award winners, Rabobank Australia & New Zealand Group managing director Thos Gieskes said Sir George Fistonich had spent five decades at the forefront of New Zealand’s wine industry and had been an instrumental figure in the rise of New Zealand wines on the world stage.

“In a career spanning 50 years, George Fistonich has exemplified true leadership along with an extraordinary passion for the New Zealand wine industry – successfully leading not just his own business, but helping to pioneer and drive an entire industry and inspire and mentor those around him,” Mr Gieskes said.  . .  (I posted on the award yesterday, but this is the official media release).

Waiting for Nuffield – RivettingKateTaylor:

It’s Nuffield time of year again.

Years ago, a Young Farmers friend, arable farmer Hugh Ritchie, was awarded a Nuffield Scholarship. I think I was working for radio or the HB Herald Tribune at the time and did a story on his selection.

Now I work for Nuffield NZ in a freelance journalist role and see the scholars come and go (literally – six months of overseas travel/research is an integral part of a scholarship). . .

Oaklands Milk now from A2 dairy herds:

Local dairy farmer Julian Raine, has announced that all Oakland’s milk naturally contains A2 beta casein proteins. He says “Centuries ago all cow’s milk contained this protein but as dairy herds around the world have been bred and selected for higher production the incidence of the A1 variation has increased.”

Through genetic testing Mr Raine has been able to select cows from his two Nelson dairy herds that have only the A2 gene. These cows are milked separately and it is only this pasteurised milk that is currently sold through vending machines located at Oakland’s farm gate. . .

Kiwi company takes the spotlight with its world-leading technology:

Global players in the fresh produce industry will this weekend get a first-hand look at innovative fruit sorting solutions from Kiwi company BBC Technologies, the world’s leading supplier of blueberry sorting and packing machinery.

BBC Technologies, specialists in the development and manufacturing of advanced processing technology, will be showcasing its range, for the first time, at the Produce Marketing Association’s (PMA) Fresh Summit Convention & Expo in New Orleans.

PMA’s Fresh Summit is one of the largest trade shows held in the United States, drawing more than 18,000 visitors from over 60 countries. North America is a key market for BBC, with the thriving New Zealand company recording 30 per cent year on year growth. . .


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