Rural round-up

17/11/2020

The wrong investment – Mike Chapman:

House prices across the country have risen nearly 20% to a median $725,000 in the past 12 months. At the same time, New Zealand’s Reserve Bank has announced a $28 billion programme aimed at forcing down borrowing costs and left the official cash rate at 0.25%.

Thankfully though, the Reserve Bank is concerned about the residential property market, with Governor Adrian Orr commenting that the Bank “has seen a marked acceleration in higher risk loans, particularly to investors in the property market”. As a result, the Reserve Bank is considering imposing loan to value ratio restrictions, in a bid to curb risky lending in the residential property market.

Simply put, investing in residential property will not aid New Zealand’s recovery from the current economic downturn. The housing market does not produce products that can be eaten or used by consumers. It does not create jobs, and it does not earn overseas return through exports. It is a wasted investment when what we should be investing in is New Zealand’s economic recovery.

This is, in my view, where the Reserve Bank’s focus should be: enabling significant investment in businesses that will drive our much-needed economic recovery and create jobs. . . 

Counting the toll of the Lake Ōhau fire: Native plants, predator traps went up in smoke – Tess Brunton:

A Lake Ōhau resident says thousands of dollars worth of native plants and 80 predator traps went up in smoke when the fire tore through the village earlier this month.

More than 5000 hectares and multiple properties were burnt in the blaze.

Before the fire, Lake Ōhau was surrounded by dryland with tussocks and shrubs, special plants that could survive the dry summers and bitterly cold winters. Beech forest grew down onto the lakeshore and along three creeks that drain the hills behind the village.

It was home to native birds, lizards and insects. . . 

 

Mission to empower, inspire women – Sally Rae:

When it comes to goals, Steph Matheson dreams pretty big.

Mrs Matheson (27) is on a mission: to make sure women feel they are not alone, that they are confident and comfortable “in their own skin” and that they feel as if they can do anything.

Through Project Steph 2.0, her personal blog, her overarching goal is to spread that message globally online.

It is not all unicorns and fairy dust; her content is realistic and raw as she talks about health, wellness, family and rural living in Gore. . .

Young auctioneer outbids to win coveted title – Annette Scott:

Andrew Sherratt was not just going for the bid, he was gunning for the title when he took up the gavel in the 2020 Young Auctioneer of the Year competition. He talked with Annette Scott.

When Andrew Sherratt was finishing up his studies at Lincoln University he wasn’t certain what career pathway he would take.

But with the prestigious New Zealand Stock and Station Agents’ Association (NZSSAA) Young Auctioneer trophy in hand, he is convinced he eventually made the right decision.

In one of the closest contests yet, Sherratt headed off the seven finalist contestants in the ninth annual 2020 Heartland Bank Young Auctioneer competition held at Canterbury Agricultural Park. . . 

Fruit and vegetable prices squashed in October:

Fruit and vegetable prices fell 5.6 percent in October 2020 as the local growing season picked up, Stats NZ said today.

Fruit and vegetable prices follow a very seasonal trend and typically fall in October, with the lowest prices for the year in summer.

“Warmer weather makes it easier to grow many crops, with higher supply making these products cheaper,” consumer prices manager Nicola Growden said. . . 

50,000 salmon smolt released into Lake Tekapo:

Mt Cook Alpine Salmon and Central South Island Fish & Game Council released 50,000 smolt into the crystal clear waters of Lake Tekapo last week.

The young salmon, which are about two years old, were raised at the nearby Mt Cook Alpine Salmon Ohau hatchery on the Ohau Canal. Last week’s release was part of the Fish & Game Council’s “put and take” programme in Lake Tekapo, developed over the past 10 years.

Fish and Game officer Rhys Adams says the release will “reinvigorate” the salmon fishery in the lake, but they will need time to grow to between two and four pounds.

The tanker load of smolt was taken to the outlet of Lake McGregor on the western shore of Lake Tekapo for release. . .


Rural round-up

13/09/2020

Millions in farmer income put at risk with open-ended review – Animal Genetics Trade Association:

Widened Terms of Reference and a longer timeframe for review of the safety of live animal transportation may lose the industry, and the nation, close to $200 million.

“The safe shipping of people and animals to their destinations is hugely important to our trade. We support this part of the review and need to learn how whatever happened to the ship can be prevented in future exports.

“However, a necessary review of ship safety following a maritime disaster has inexplicably morphed into an unnecessary wider review into the welfare of animals. “

The review may require cancellation of the close to $200 million in contracts between now and December. . . 

Tomato shortage follows lockdown:

Tomato prices rose 38 percent in August 2020 to a weighted average price of $13.65 per kilo, an all-time high, Stats NZ said today.

A shortage of tomatoes due to COVID-19 uncertainty caused higher than normal prices.

“About 40–50 percent of tomatoes are sold to independent grocers, cafes, and restaurants, which were unable to open during COVID alert levels 3 and 4 in April,” consumer prices manager Nicola Growden said.

“Due to the uncertainty of COVID-19, many growers delayed or reduced replanting tomato crops at this time. . . 

Former chairman highlights Trust’s conservation role – David Hill:

The QEII National Trust’s work with farmers is “living proof” that agricultural production and conservation can coexist on farm, James Guild says.

The Canterbury high country farmer stepped down as chairman of the trust earlier this year after serving the maximum term of nine years, or three terms of three years.

In that time, Mr Guild has seen the organisation grow to support more than 190,000ha of covenant land, about the size of Rakiura Stewart Island or Molesworth Station, near Hanmer Springs.

“We take on two new covenants a week, or about 120 a year. At one stage it was 300 a year and there’s still a lot of demand, but we’ve had a refocus towards quality,” he said. . . 

Decades of dietary advice misguided – Allan Barber:

For at least the last 40 years international health guidelines have recommended minimising intake of saturated fats contained in red meat, dairy, cocoa and palm oil in a mistaken attempt to improve public health, particularly in first world countries. Heart disease skyrocketed to become the leading cause of death by 1950 and scientists hypothesised the cause to be dietary fat, particularly the saturated variety.

Although there have been sceptics who did not believe this apparently irrefutable scientific conclusion, they have been unable to inspire a rational debate of the facts, because the hypothesis was adopted by public health institutions (WHO, FDA, American Heart Association and others) before it had been properly tested. Any attempt to challenge them resulted in public reactions of anger and accusations of sacrilege, remembering this was many years before the internet and social media enabled the instant spread of online vitriol. As is the case today, the problem was compounded by the media taking a position and refusing to present the counterargument.

I have been interested in this topic for quite some time because I believe red meat and dairy are unfairly vilified, while personally I have neither an increase in cholesterol nor a heightened risk of heart disease. Suddenly last week I received an article from The Australian entitled “How dairy and fat could save your life” and I was also lent The Big Fat Surprise – Why butter, meat and cheese belong in a healthy diet, an authoritative book based on thousands of scientific studies and hundreds of interviews by New York author and journalist Nina Teicholz .. . 

Scholarship timing ‘perfect’ – Yvonne O’Hara:

Maggie Ruddenklau received her $1500 tertiary scholarship from the Upper Clutha A&P Society last year, at exactly the right time.

It paid for her new laptop following the demise of her old one.

“I had my laptop for a few years and the same time as I heard about winning the scholarship it stopped working.

“At university a laptop is your most prized possession so it worked out really perfect.” . . 

CropX acquires Regen to grow global footprint and give farmers unmatched in-soil insights:

CropX, a global soil sensing and agricultural analytics leader, today announced the acquisition of New Zealand-based Regen, a leading provider of cloud-based, precision effluent and irrigation decision support tools. Current Regen customers now have access to CropX’s unmatched combination of in-soil data and advanced farm management analytics and automation tools.

“The importance of understanding soil health and what is happening beneath the ground is finally coming into the spotlight. This acquisition will help us further build our on-farm irrigation, effluent and nutrient management product lineup as we lead the market in delivering accurate in-soil insights,” said CropX CEO Tomer Tzach.  . . 


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