Rural round-up

01/08/2014

Westland forecast follows Fonterra’s suit:

The dairy cooperative, Westland Milk Products, has charted a similar course to Fonterra’s benchmark forecast released yesterday for the current 2014/15 season, by announcing a pay-out forecast of $6 to $6.40 per kilogram of Milksolids (kg/MS).

“Given Fonterra’s announcement yesterday, farmer-shareholders on the Coast appreciate this early heads-up from our co-op,” says Renee Rooney, Federated Farme0rs Dairy chairperson.

“Even better is firming confirmation of the 2013/14 final payout in the $7.50 – $7.70 kg/MS range. Of course we’ve got retentions on top but it is set to be a good payout and Westland’s supplier communication has been pretty good. . .

Heads of Agreement and Strategic Relationship formed between Te Rūnanga o Ngāti Apa and Lincoln University:

Te Rūnanga o Ngāti Apa and Lincoln University today announced the signing of a Heads of Agreement and Strategic Relationship.  This relationship agreement forms the basis for partnerships across education, training, research and commercial development.  The Ngā Wairiki-Ngāti Apa people of Whangaehu, Rangitīkei and Turakina own the Rūnanga, and have interests in seeing their people developed in all levels of the primary industries.  The Rūnanga is also keen to see the general Māori population in the region given better access to primary sector training and tertiary education.

Rūnanga Chairman Pahia Turia said that “Through our Treaty settlements we have land, and we have recently established Te Hou Farms Limited Partnership which purchased the historic Flock House farms near Bulls, early in June.  We are therefore committed investors in the primary sector, and we have a real interest in seeing our own people developed and working at all levels in the primary sector on and around our investments.” . . .

The Changing Face of the Global Dairy Industry:

Standing in front of the milk powder dryer of Oceania Dairy Limited’s new factory at Glenavy, Shane Lodge has a feeling of deja vu – but with a difference.

Shane’s 30 year career in the dairy industry has seen him involved in new plant construction for Fonterra and New Zealand Dairy Limited. The difference this time, is that Oceania’s owners are Chinese and that is a reflection of the changing face of the global dairy industry. . .

How to take the anxiety out of farm succession planning:

Many farmers put succession planning into the too hard basket because of rising capital values, but it’s a crucial process that will be a lot less fraught with danger if family members are involved in the process, says Neil McAra, Crowe Horwath’s Managing Principal – Southland.

“It’s never too early to start planning for retirement and farm succession,” said Mr McAra, who noted that one key to a successful plan was distinguishing between reward for services provided by family members and the risk/reward for ownership/investment in the business.

Another key element was for the farm owners to ensure they had considered whether they would have an ongoing role in the business, and define what that role would be.
“To alleviate the possibility of things getting off track, it is important to ensure that owners adequately plan for the future of the farm and the people within it, so that all runs smoothly and they can enjoy the transition process.” . .

Fisheries (Foreign Charter Vessels and Other Matters) Amendment Bill passes third reading:

A bill to strengthen the regulation of foreign-owned commercial fishing vessels operating in New Zealand waters has passed its third and final reading in Parliament today.

The Fisheries (Foreign Charter Vessels and Other Matters) Bill will require all foreign charter vessels to carry the New Zealand flag from 1 May 2016, and operate under full New Zealand legal jurisdiction.

“This bill will help maintain our reputation around the world. It shows that we are serious about the fair treatment of fishing crews, the safety of vessels and New Zealand’s international reputation for ethical and sustainable fishing practices,” Mr Guy says. . .

Seafood New Zealand Says Kaikoura Conservation Legislation a Community Template:

Seafood New Zealand has hailed the passage of the Kaikoura (Te Tai-o-Marokura) Marine Management Bill by Parliament today as a template for seafood and environment conservation measures throughout New Zealand.

Parliament passed the bill into law on the last day of sitting before the House rose for the election campaign.

Seafood New Zealand Chief Executive Tim Pankhurst says the legislation is designed to serve the long term interests of those who use and enjoy the Kaikoura coastline. . .

Rural Valuer recognised with top industry award:

QV registered Valuer David Paterson has had his outstanding service to the valuation profession recognised with the New Zealand Institute of Valuers (NZIV) Premier Award – the John M Harcourt Memorial Award.

Paterson, who has been a valuer for more than 30 years and is the National Manager of QV business, Rural Value, accepted the award in front of 300 attendees at the NZIV conference in Rotorua earlier this month.

He told the audience, “I feel honoured to receive this award, especially when you note some of the previous recipients.” . .

Aussie investors to sell their NZ vineyard investments:

The high value of the New Zealand dollar has motivated the Australian owners of several vineyards in the heart of New Zealand’s premier sauvignon blanc grape growing region to place two of their properties on the market for sale.

Both neighbouring vineyards are in the highly-fertile Waihopai Valley in Marlborough. The larger of the two vineyards is a 43 hectare holding – with almost 38 hectares planted in a mix of sauvignon blanc and pinot gris varieties. The second vineyard is a 36 hectare landholding planted in almost 24 hectares of sauvignon blanc grapes. . . .

 


Rural round-up

05/06/2014

 Flock House sold to local iwi:

Flock House farm near Bulls has been sold by AgResearch to Rangitikei iwi Nga Wairiki-Ngati Apa for an undisclosed sum.

The 1100 hectare property has a 332ha dairy unit and a 768ha sheep-and-beef unit. . . .

Synlait profit forecast dips again – Alan Williams:

Synlait Milk’s latest profit downgrade raises the possibility it might not meet last year’s prospectus forecast leading up to its NZX listing, after at one stage expecting a result up to 70% higher.

The dairy product manufacturer and exporter’s latest after-tax profit range is from $17.5 million-$22.5m, compared with its forecast of $19.8m for the year ended July 31. . .

Spotlight on farm safety – Sue O’Dowd:

Health and safety will be the focus of more than 100 rural contractors when they assemble for their annual conference in New Plymouth later this month.

The conference, Stay Alert on the Dirt, is being held in New Plymouth from June 23 to June 26.

Representatives of WorkSafe New Zealand, the Ministry of Transport and New Zealand Transport Agency will address the conference and answer questions around new legislation affecting the contracting industry. . .

Flour Producer Gets Grant to Develop Nutrition Focussed Products:

Farmers Mill is the first independent grower-owned and operated flour producer in the country to receive funding from the Agricultural and Marketing Research and Development Trust (AGMARDT), for the specific development of nutrition focussed flour and baking products.

Farmers Mill, which has partnered with Lincoln University and the Food Innovation Network, will receive support from Agmardt aimed at exploring market opportunities and encouraging innovative ideas within the agribusiness sector. . . .

New Online Fertiliser Store Launched To Cut Costs for Kiwi Farmers

 The cost of buying fertiliser in New Zealand is about to fall substantially thanks to a new online store which will save farmers as much as $85 per tonne on standard products.

FertDirect launched its new website over Queen’s Birthday weekend (www.fertdirect.co.nz) and supplies both New Zealand-based and import-to-order products.

It’s the first online service of its kind to be offered nationwide and FertDirect Business Manager Rob Williams says it’s designed to save farmers money without compromising on quality. . .

New president for Federated Farmers Manawatu-Rangitikei:

Federated Farmers would like to welcome our new Manawatu-Rangitikei provincial president, James Stewart, who is replacing Andrew Hoggard, following their Annual General Meeting.

“James joined the Federation three years ago as Manawatu-Rangitikei’s dairy Chair, and we are thrilled to have him on as provincial president,” says Bruce Wills, Federated Farmers National President.

“We are in a year of change within the Federation, with leadership changes throughout the organisation both nationally and provincially, James is an incredibly passionate advocate for the farming community and I know he will do a fantastic job,” said Mr Wills. . .


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