Good sheep meat prices will last – Annette Scott:
Despite global trade wars, Brexit and the impact of African swine fever the trade fundamentals for New Zealand’s sheep meat sector remain among the strongest in living memory.
Spring lambs at $9 a kilogram and record high mutton prices are not a flash in the pan, Beef + Lamb chief economist Andrew Burtt and senior insight analyst Ben Hancock say.
And the fundamentals leading to record highs in the sheep industry look set to continue for at least the next three years. . .
It is not easy being green when you are not profitable, Fonterra leaders say in the co-op’s third annual Sustainability Report.
The past financial year was tough and one of significant challenges and fundamental change in the culture and strategy of the co-operative.
“Given the tough year we had it would’ve been easy to push sustainability to one side, whereas we have in fact continued to make progress,” chief executive Miles Hurrell said.
“We have underlined our commitment to the importance of sustainability and firmed up plans to do more on climate change, coal, waste and sustainable packaging.” . .
New wool partnership ‘one of the biggest’ in New Zealand history – Angie Skerrett:
A new partnership between a Canterbury-based wool company and one of the world’s largest apparel and footwear companies is estimated to be worth more than a quarter of a billion dollars.
The New Zealand Merino Company (NZM) and VF Corporation have formalised a framework that will grow the market for ZQ certified merino wool.
ZQ natural fibre is the world’s leading ethical wool with growers having to adhere to the requirements set out in the ZQ Grower Standard. . .
US redwood sequoia company wins approval to buy more NZ land – Eric Frykberg:
A US company wanting to grow giant redwood trees here to sell the lumber back home has won the right to buy another 4000ha in New Zealand.
Tough restrictions on cutting down Redwood, or Sequoia, in the US means people cannot get enough of it to use as a building material.
The wood is especially popular for things like decking and outdoor furniture, as it is admired as both attractive and robust.
To meet the need, the Soper Wheeler Company of California set up the New Zealand Redwood Company in Taupō in 2001.
New Zealand’s moist climate allows higher growth rates for Sequoia than in California. . .
Options for farmers have now broadened when it comes to managing their greenhouse gas (GHG) footprint on-farm.
The recent inclusion of urease-coated urea fertilisers as an option in the nutrient budgeting tool OverseerFM means farmers will now be able to demonstrate the benefits of its use in reducing farm emissions.
Urease-inhibited urea fertiliser, such as Ravensdown’s N-Protect, has dual benefits. It decreases volatilisation losses, therefore increasing agronomic efficiency by retaining more nitrogen (N) in the root zone. . .
The DairyNZ Dairy Environment Leaders are hosting their 7th Annual farmer-led forum in Wellington from 2 – 4 December with a firm focus on supporting communities and embracing change, says DEL Chairwoman Tracy Brown.
“There is a lot of change currently facing our sector with issues like reducing emissions and improving water quality front of mind for both farmers and the general public” Mrs Brown said.
“Our Dairy Environment Leaders are rising to the challenge and leading from the front as they engage with supporters, critics and other farmers. . .