Strong outlook for primary sectors – Nathan Guy:
There’s been much talk about the dairy sector in recent days.
Last week, our largest dairy company Fonterra announced a new reduced forecast payout for farmers. This isn’t particularly surprising as it reflects the ongoing volatility in the international dairy price, but clearly it will have a significant impact on the dairy industry.
Times will be a bit tougher for dairy farmers over the next few months and it will have a flow-on impact in regional communities.
However, this volatility in dairy prices is expected to be short-term. The medium to long-term outlook for our dairy sector, and indeed all primary sectors, is very positive, and expected to grow by 17 per cent to more than $41 billion over the next four years. . .
Marketing and sales company Wools of New Zealand has bumped up the price it’s offering farmers for lambs wool.
It will pay farmers a contract price of $7.50 per kilo for 28 micron to 31.5 micron lamb’s wool produced this season.
That is a 15 cent per kilo increase on the price it was offering at the beginning of July, which the farmer-owned company said reflected positive movements in the exchange rate, with a falling New Zealand dollar increasing export returns. . .
The Meat Industry Association says prices for New Zealand beef will be kept high, fuelled by Asia’s strong demand for protein.
Chief executive Tim Ritchie said although the United States, the country’s biggest beef market, was rebuilding its cattle herd numbers after drought, it too remained a very firm market and he expected it to stay that way for some time.
Mr Ritchie said the outlook for the country’s beef prices and exports was very positive, as many Asian countries were urging their people to eat more protein. . .
Milk payout cut undoes three years hard work – Sue O’Dowd:
Having to borrow back hundreds of thousands of dollars paid off their loan in the last 2½ years is leaving a Hawera couple bitterly disappointed.
Amanda and Bryce Savage, 50:50 sharemilkers on a 134ha farm for Maori incorporation Parininihi ki Waitotara, raised a loan to buy their first farm, a 74ha property near Stratford, in 2013.
Fonterra’s revised dairy payout of $3.85 kilogram milksolids (kg MS), down from $5.25, means they feel they’re going backwards because they’ll have to borrow back all the money they’ve repaid off that loan. . .
Conservation Minister Maggie Barry has today announced New Zealand’s first Threatened Species Ambassador is Nicola Toki.
The Ambassador will be a high-profile role within the Department of Conservation for all of the country’s threatened species, working to build partnerships and encourage New Zealanders to become involved in conservation efforts.
“As a nation, we face a major battle to save our threatened species. Our unique native wildlife is besieged by introduced pests and other threats,” Ms Barry says. . .
A programme of stronger national direction and guidance on key environmental issues was announced today by Environment Minister Dr Nick Smith at the Environmental Defence Society’s conference in Auckland.
“A key problem with the Resource Management Act is that there has been too little central government direction on major issues. We are stepping up our programme of National Policy Statements, National Environmental Standards and national guidance to get better environmental results at less cost,” Dr Smith says.
Dr Smith today released the Ministries for the Environment and Primary Industries’ new guide on implementing the National Policy Statement for Freshwater Management. . .
Half the shares in a large pastoral farming operation, New Zealand Pastures Ltd (NZP), are being offered for sale.
NZP is a private company that owns seven properties in Otago and Canterbury with a combined value over $100 million. Its portfolio comprises two partially irrigated and five dryland farms, ranging in size between 958ha and 7,533ha that have been predominantly managed as lamb and beef grazing and finishing units. Combined land area is 23,500ha with an assessed carrying capacity around 140,000 stock units. . .
BioGro Ltd, New Zealand’s leading organic certifier, has introduced a new Initial Contact Meeting service to help make it easier for anyone looking to ‘go organic.’
The Initial Contact Meetings are designed to inform and assist producers interested in organic production and certification.
Since the programme launched in November 2014, the meetings have proven popular with over 20 farmers and producers across New Zealand taking part so far. . .