Rural round-up

June 13, 2019

NZ customers admire our values – Mike Petersen:

The international trading system is facing one of its biggest challenges in recent times.

The building trade war between the US and China and the impasse at the World Trade Organisation (WTO) are two significant global events that demand the attention of New Zealand in its dependence on trade for continued success.

Alongside these two geopolitical power plays runs a creeping tide of protectionism in the form of nationalist inward-looking policies that challenge the global value chain model which is increasingly becoming the future of food. . .

From the ground up – Penny Clark-Hall:

Rural communities are incredibly powerful and beautiful things. I’ve seen them in action during natural disasters, family tragedies, raising children, supporting each others businesses, families, hopes and dreams. It’s this calibre of people that are now starting to take charge of their own Social Licence to Operate (SLO) – helping and learning from each other. Many forming their own catchment groups and managing, measuring and improving their own environmental impact.

The isolation of rural communities makes them incredibly vulnerable to the calibre of its inhabitants. But thankfully, it is also a breeding ground for creating a rich tapestry of people that build communities out of necessity. Our remoteness creates a much stronger reliance on each other where we all strive to bring something valuable to the community, to make it our own – our home. It’s got a name – resilience. . .

Success in its rawest form

Northland sharemilkers Guy and Jaye Bakewell’s number-eight wire ingenuity is not only helping pay off their dairy cows faster but capitalising on consumers’ growing demand for raw milk. Luke Chivers reports. 

Open any dairy farmer’s fridge and you will likely find it stocked with raw, untreated milk.

Now more and more urban consumers are catching on.

Four days a week in Auckland’s inner-city suburbs many people look twice as a sign-written truck delivers raw milk in glass bottles to residents.

“It’s just like it used to be done back in the day,” 31-year-old Guy Bakewell says. . .

 

Rural mental health lacks detail – Richard Rennie:

Rural health supporters and agencies are not holding their collective breath for a major windfall from the Government’s massive $1.9 billion mental health package in the Budget.

The mental health package is to be spread over five years and includes $455 million to expand access to primary mental health and addiction support, particularly for people experiencing mild to moderate mental health issues.

But Rural Health Alliance Aotearoa New Zealand executive director Marie Daly said so far there is only resounding silence from government agencies about where rural mental health sits in regard to the money.

Rural mental health has become a pressing issue with statistics recording 20 farmers taking their own lives in the year to June 2018, a figure relatively unchanged over the past five years. Rural health providers are also reporting significant increases in rural depression and mental health issues. . . 

Dual cropping to increase efficiency in commercial hemp farming:

Developments in hemp cropping could place New Zealand at the forefront of innovation globally, says Craig Carr, group managing director of Carrfields.

New multi-purpose cropping innovations being developed by Hemp NZ, Carrfields and NZ Yarn are paving the way for highly efficient use of the whole plant – resulting in higher potential returns for growers.

Under a partnership established late last year, Hemp NZ, NZ Yarn and Carrfields are making changes to hemp harvesting technology which allows the stalks and seed to be separated at harvest. . .

Finding the best diet for you and the planet – Carolyn Mortland:

Fonterra’s Director of Sustainability Carolyn Mortland looks at finding a diet that’s good for you and good for the planet.

It’s hard enough working out what food is nutritionally good for us. But what about throwing in the question around what we eat and how it might impact the health of the planet?

With the challenges we face around climate change and a rising global population, we’re starting to see more studies and assessment tools that look to draw conclusions on what is a healthy and sustainable diet.

The debate is heating up around what foods have the smallest environmental footprint, and what proportion of our diet should be animal-based vs. plant-based. . . 

 


Rural round-up

January 24, 2019

Finding the path for dairy – Keith Woodford:

I have always been optimistic about the long-term future of dairy. I think it is likely that dairy will remain one of the pillars that underpins the New Zealand economy. But we sure do have some challenges!

The first challenge is that urban New Zealand does not understand the extent to which our national wealth depends on the two pillars of dairy and tourism. Yes, there are other important industries such as kiwifruit and wine, and yes, forestry, lamb and beef are also very important. But rightly or wrongly, our population has been growing rapidly, and the export economy also has to keep growing. There is a need for some big pillars.

Somehow, we have to create the exports to pay for all of the machinery, the computers, the electronics, the planes, the cars, the fuel and the pharmaceuticals on which we all depend. . .

Overseer transition needed – Ken Muir:

Clint Rissman Clint Rissman Attempts to move beyond the use of Overseer to manage nutrient loss on farms could be hampered by the level of investment already made in the system, Southland soil scientist Dr Clint Rissman says. ‘

‘In many situations, Overseer has been misused as a regulatory tool, mainly because there is a lack of alternatives for regulatory authorities,” Dr Rissman said. ”It’s important that we find a way to develop better tools while preserving the value of the investment we have already made in Overseer.” . . 

Hemp/wool combo spring a good yarn  :

Innovative new products using wool and hemp fibre will be developed under a new partnership between NZ Yarn and Hemp NZ. Farmers will have long-term opportunities to diversify into hemp and those already growing it will be able to sell a greater proportion of their product.

Christchurch-based NZ Yarn Ltd, a world-leading producer of wool yarns for the global soft flooring market, has announced a new shareholder and business partner — Hemp New Zealand Ltd. . .

Perendale top seller – Yvonne O’Hara:

For the second year in a row, a Perendale ram is the top selling ram at the Gore A&P Association South Island Premier Ram Auction.

The ram, owned by Pip Wilson, of Waikaka, sold for $8200, which was $400 down on the top price last year. The nine breeds, totalling 241 rams, were offered at the auction held at the showgrounds on Tuesday and Wednesday last week. . . 

A day’s work is a life lesson for a kid – Uptown Farms:

On a farm there’s always work.

I try not to lose sight of the blessing that is for our family.

Today, a snow day, it meant we could say yes when our oldest asked if he could go to work instead of going to daycare.

He’s had his eye on an expensive LEGO set and he’s looking for ways to earn a few more dollars for it. So today, like a lot of farm kids, he will go to work.

He will sweat a little. He’ll freeze a little. He will probably get hollered at a little and likely goof some things up.  . . 

NZ importers join in India’s largest global food event:

More than US$ 1 billion worth of business was transacted at Indus Food 2019, India’s biggest international food and beverage expo, in New Delhi on January 14-15, according to the Trade Promotion Council of India (TPCI).

Indus Food is a global platform where top exporters from India’s food and beverage industry participate and meet with prospective buyers and distributors from across the world invited to the event by the TPCI. . . 


Rural round-up

January 17, 2019

Dairy farmers leading charge to clean up water – Tim Mackle:

In the past week, I’ve opened two newspapers to two cartoons that constitute a cheap shot at dairy farming, both frustrating and offending the dairy farmers of New Zealand.

One cartoon portrayed a dairy cow polluting the sea, and the other showed dairy cows polluting a river.

My wish for 2019 is that all New Zealanders, cartoonists and media, are up with the play on what is actually happening on dairy farms before they make comment. . . 

Raspberry grower takes delight in ripening crop – Sally Brooker:

The canes at Matsinger’s Berry Farm are ”blazing with raspberries”, owner Leanne Matsinger says.

The family property at Peebles, in the lower Waitaki Valley, has been growing the sought-after fruit for about 30 years. Mrs Matsinger took over the business after her husband, Simon, died at the age of 45, nine years ago.

She said if this was her first season at the helm she might have been dismayed, but now she was ”more educated” about the fluctuations that occurred due to the climate. . . 

Alliance beefs up black stilts’ diet – Sally Rae:

Alliance Group might have customers in 65 countries but a group of long-legged consumers living in Twizel are among the most unusual.

Each week, ox hearts from Alliance plants are frozen and sent to the Smithfield plant, where they are put through a very specific process to meet requirements for the Department of Conservation’s captive breeding programme for endangered black stilts (kaki).

The hearts are thawed and trimmed of excess fat, then minced, refrozen and cut into blocks for delivery to the programme. . . 

Hemp deal to spin green yarn – Annette Scott:

A new strategic partnership between New Zealand Yarn and Hemp NZ is set to be the catalyst for market-leading hemp fibre processing.

It will lead development of innovative products developed from hemp yarn, wool and hemp blends and non-woven hemp products.

NZ Yarn is owned by Carrfields Primary Wool (CPW) and independent investors including farmers, wool growers and others passionate about the wool industry and showcasing NZ wool yarn on a global scale.  . . 

That was 2018 – now for 2019 – Allan Barber:

2018 is over and it’s now timely to look at how many of last year’s key challenges will continue into the New Year.

From a New Zealand domestic perspective the attempt to eradicate Mycoplasma Bovis has had the biggest impact on farming, most of it focused on the relatively small number of properties forced to cull their entire herd, some of it directed at those properties under surveillance or Notice of Direction, and some of it on the agricultural service industry, including meat processors, cartage contractors, stock agents and saleyards, as well as calf clubs and A&P shows.

Following calving MPI is optimistic the disease may have been eradicated which would be the first time any country has achieved such an outcome. However it is still too early to say with complete confidence the hitherto impossible has been achieved. 2019 will almost certainly be the year we know for sure, one way or the other. . . 

 

94-year-old ‘shepherding legend’ scoops prestigious award

A 94-year-old ‘shepherding legend’ has scooped an award dedicated to recognising farmers who make a significant contribution to farming in the Inner Hebrides.

Hill farmer Sandy McKirdy, from Dalmally in Bute, is this year’s recipient of the Stalwart award, presented annually by NFU Scotland.

The award was created in 2016 in recognition and memory two Inner Hebrides farmers, Bert Leitch and Lachlan MacLean, who passed away in 2015. . . 

Global timber and wood products market update:

Declining trade of softwood lumber, plummeting lumber prices in the US and slowing wood demand in China were some of the biggest international lumber developments in the 3Q/18, reports the Wood Resource Quarterly.

WRQ – 31 Years of Global Wood Price Reporting

Global Softwood Lumber Trade

Global trade of softwood lumber from January through September 2018 was down 2.5% as compared to the same period last year. China, Japan, the United Kingdom and the MENA region reduced their imports, while the US and continental Europe have imported more lumber this year than in 2017. . .


Rural round-up

December 19, 2018

Genetic expert loves being back on the farm – Sally Rae:

Farming is in Jo Scott’s genes. She is the fifth-generation member of the Scott family to be involved in farming and is combining that with her day job,  specialising in animal genetics.

Ms Scott (27) is technical services manager for the New Zealand arm of global animal health company Zoetis.

Although she works out of  the Dunedin office, she lives in North Otago, where both sides of her family have farmed for many years.

After leaving Waitaki Girls’ High School, Ms Scott headed to Massey University to earn  a science degree, with a double major in agriculture and animal science. . . 

NZ Yarn welcomes Hemp New Zealand as new strategic partner:

NZ Yarn Ltd, a world-leading producer of New Zealand wool yarns for the global soft flooring market, is pleased to announce a major new strategic shareholder and business partner: Hemp New Zealand Ltd.

Under the agreement, Hemp New Zealand has acquired a 15% interest in NZ Yarn, with the objective of installing a hemp fibre processing facility within the NZ Yarn factory in Burnside, Christchurch.

The new partnership will be a catalyst for market-leading innovations in hemp fibre processing, as well as the development of new consumer products made from hemp yarn, wool & hemp yarn blends and non-woven wool and hemp products. . . 

Kiwifruit Industry’s big push for Seasonal Labour:

Labour shortage likely for BOP kiwifruit industry in 2019 – Kiwifruit Industry launches attraction campaign for pickers and packers

New Labour Coordinator role for BOP kiwifruit industry formed with support from the Provincial Growth Fund, the Ministry of Social Development and New Zealand Kiwifruit Growers

In 2018 the Bay of Plenty kiwifruit industry experienced a severe labour shortage at harvest with 1,200 vacancies unable to be filled. The kiwifruit industry considers that another labour shortage for the Bay of Plenty is likely in 2019. To mitigate the potential shortage, New Zealand Kiwifruit Growers Inc. (NZKGI) is employing a labour coordinator and have launched an attraction campaign to increase seasonal labour numbers. . . 

Waikato dairy farmers on board to supply Synlait:

Synlait  is delighted to have signed up its first Waikato dairy farmers who will supply Synlait Pokeno for the 2019/2020 season.

“Our milk procurement team has received a very warm welcome and a positive response from Waikato dairy farmers and rural professionals. We’re thrilled to have signed up our first group of milk suppliers,” says Leon Clement, CEO.

“Synlait’s Lead With Pride™ programme has been well received by farmers who want to be rewarded for the work they do in terms of environment, animal health and welfare, milk quality and social responsibility” he says. . . 

NZ fertiliser spreading scheme gains international recognition:

Spreadmark, New Zealand’s only fertiliser spreading certification scheme, has gained international recognition from the Joint Accreditation System of Australia and New Zealand, JAS-ANZ.

JAS-ANZ recognition means that farmers and growers who use Spreadmark trained and registered fertiliser spreaders can now be absolutely assured that all aspects of the programme are robust and reliable. It provides extra reassurance to regional councils and other organisations who require contractors to be Spreadmark certified. It also adds value to the quality assurance programmes (which specify that fertiliser must be spread by a Spreadmark certified spreader), offered to farmers and growers by food processing companies, in return for higher prices for their products. . . 

Entries Open for the 2019 NZ Champion of Cheese Awards:

The New Zealand Specialist Cheesemakers Association (NZSCA) is calling for entries for the revitalised NZ Champions of Cheese Awards which will be judged in February 2019.

The Specialist Cheesemakers Association has been running the awards since 2003 and will judge the 16th annual NZ Champions of Cheese Awards at the AUT School of Hospitality and Tourism on Sunday 24 February 2019. Cheesemakers vying for one of the 23 cheese trophies must complete their online entries by Friday 8 February 2019. . . 

A very cherry Christmas for Air New Zealand Cargo:

Air New Zealand is helping Kiwi exporters to serve up Christmas dinner to people around the world this holiday season.

The airline will work with meat processors and exporters from around the country to move more than 700 tonnes of lamb to the United Kingdom in the lead up to Christmas. More than 1000 tonnes of Central Otago cherries will also be sent to Asia and the United States over the summer season – that’s more than 65 million individual cherries! . . 

South Island honey in demand:

The sweet taste of honey has made it a treat for over 8000 years – but now there’s more.

Growing awareness of its health benefits and the appeal of its natural origins has meant South Island honey producers are riding a wave of unprecedented overseas demand.

Taylor Pass Honey, one of the south’s largest producers, has doubled production over the past two years and the remote wilderness areas they source their honey from has been a compelling selling point for overseas markets, marketing manager Jo Bray says. . . 


Rural round-up

July 31, 2018

Working group to address wool woes – Yvonne O’Hara:

A working group of industry representatives is to be established to address New Zealand’s wool woes.

Members of the group will be selected from about 40 industry movers and shakers who were invited to attend the Wool Summit held in Wellington last week. . .

Working group considered ‘last chance saloon’ – Yvonne O’Hara:

A working group, which is to be formed following a Wool Summit held in Wellington on July 16, is the ”last chance saloon” for the industry, Carrfields Primary Wool Group (CPWG) chief executive Colin McKenzie says.

Mr McKenzie, who is also chief executive of NZ Yarn, in Christchurch, was one of 40 people invited to the meeting, which was hosted by Primary Industries Minister Damien O’Connor.

CPWG handles about a quarter of the country’s wool clip, including from Central Otago growers.

Mr McKenzie said there needed to be a consolidation of the industry, both structurally and commercially, as well as an alignment as there were so many fragmented activities within it. . . 

Hunt for M bovis source goes on – Annette Scott:

The Ministry for Primary Industries has not given up on finding out how the cattle disease Mycoplasma bovis arrived here, response director Geoff Gwyn says.

It’s now a year from when the disease was identified on a South Canterbury dairy farm and still all seven pathways remain suspects.

“We have no pathway link to any one farm. We are still looking at all options,” Gwyn said.

While MPI has completed the inspections of three premises, two veterinary associated premises in the North Island and a farm in the South Island, it searched under warrant in March it cannot yet publicly announce the outcome. . .

Mycoplasma bovis: spring testing of milk can be both hit and miss – Keith Woodford:

Bulk-milk testing of all New Zealand milk is about to begin, with three tests of every herd. However, this will only be from cows that are healthy, unless a farmer has failed to identify a sick cow. This is because sick cows are given antibiotics and their milk does not go into the vat.

Milk companies have routine tests for antibiotics in milk and farmer penalties for any mistakes are very high. So, farmers are always diligent in keeping this milk separate. This milk is either fed to calves, or increasingly tipped into the effluent system. . .

Plants must complement meat in diets – Neal Wallace:

Dietary guidelines have always stressed three-quarters of food intake should be derived from plants, Beef + Lamb New Zealand nutrition head Fiona Greig says.

Fruit, vegetables, wholegrains and pulses perfectly complemented nutrient-rich animal foods such as meat, dairy and fish.

“As sexy as it is not, that word (moderation) should be the mantra of all dietary patterns regardless of whether you eat animal products or not.” . . 

Peninsula Farm is paradise:

At the back of Raglan harbour on the West Coast peninsula lies one of the country’s most influential farming operations.

The aptly named “Peninsula Farm” is where herd improvement company CRV Ambreed grazes its young Friesian, jersey and crossbred bulls that wait to find out if they’re the dairy industry’s next megastars.

Each year around 150 bull calves are carefully selected for CRV Ambreed’s Progeny Test programme and are shipped from farms across the country to CRV Ambreed’s Bellevue production and logistics centre. . .


Rural round-up

September 14, 2017

Maniototo farmers challenge Ardern to visit them on water tax

A group of Central Otago farmers are challenging Jacinda Ardern to visit their farms to discuss Labour’s water tax plans.

The group of women, known as Water Maniototo, say they cannot afford a royalty on irrigated water, planned at one to two cents per thousand litres of water, and it could drive some off their land.

Francine Hore, who farms sheep at Patearoa, says she supports fixing up the nation’s waterways, but many farmers are doing everything they can already. . . 

Lambs hit $7/kg – Annette Scott:

Low global stocks pushing lamb markets above the odds for this season is positive news for the New Zealand sheep industry but farmers are not yet jumping with excitement, Federated Farmers meat and fibre chairman Miles Anderson says.

Latest trade statistics revealed average export prices for both chilled and frozen product were tracking well above any prices seen in recent years, including 2011, the last time NZ saw such strong global demand for lamb.

Demand for chilled lamb had held solid in recent months, driven by the tight supply with chilled prices reaching historically high levels. . . 

Broken business makes comeback – Annette Scott:

From a business that was “essentially broken” to one recording a modest profit in less than 12 months, NZ Yarn is now poised to add value for New Zealand woolgrowers.

Over the past year the Canterbury yarn processor has spun its own turnaround project.

Getting back on its feet to lift returns for farmers and shareholders had been the focus of NZ Yarn’s reinvention, chief executive Colin McKenzie said.

“A year ago the business was essentially broken.

“We have reinvented, repositioned and resized operations and moved from making sizeable losses to recording our first modest profit in July,” McKenzie said. . . 

Millions tune in watch start of fresh NZ milk sales to China through Alibaba – Gerald Piddock:

Milk New Zealand’s trade agreement with global online retailer Alibaba has been launched with millions of Chinese consumers tuning in to watch the event.

The Chinese-owned company’s Collins Road Farm is just south of Hamilton and its 29 New Zealand farms will supply Alibaba with fresh milk to be sold on its online platform.

Organisers of the launch rented a satellite facility for the day to enable it to be live streamed directly to China. In attendance were 10 of China’s biggest social media influencers including Yuni and Joyce, who are known as the Chufei Churan twins in China.

The pair are considered the Chinese Kardashians with social media follower numbers larger than New Zealand’s entire population. They and other influencers videoed the event and the farm directly to their followers in China. . . 

Water royalty point of divergence – Nicole Sharp:

Water and the environment are two of the key talking points for Southern Rural Life readers this coming election. As voting day fast approaches, reporter Nicole Sharp talked to the candidates in the rural electorates of Waitaki and Clutha-Southland about these two issues that will affect rural voters.

Water is crucial to the agricultural sector and all candidates and their parties standing in the Waitaki electorate this upcoming election want to do all they can to preserve water quality now and in the future, they say.

Current Waitaki MP and National candidate Jacqui Dean said National’s new policy statement on freshwater, which was announced last month, would pursue a target of 90% of rivers and lakes swimmable by 2040. . .

 

Canterbury cropping farmer embraces environmental limits – Tony Benny:

Third-generation Canterbury cropping farmer David Birkett isn’t phased by tougher environmental regulations and says they can even lead to an improved bottom line. He talked to Tony Benny.

David Birkett’s farm is near Leeston, not far from what has been called New Zealand’s most polluted lake, Te Waihora/Ellesmere, and he’s well used to close scrutiny of the environmental effects of farming there by the regional council, members of the public and media.

“There’s a bit of pressure on farmers but they gain out of it, that’s the silly thing. I can’t understand someone who doesn’t bother to try to do the best they can because your bottom line is going to be better,” he says.

“Doing some measuring and making sure you know what’s needed, most of the time you’re actually financially better off than what you’d previously been doing.” . . 

Adding value more than just adding cost – Nigel Malthus:

The term ‘value added’ is too often used as a vague generic, and farmers need to consider specific strategies for adding value, says Rabobank analyst Blake Holgate.

Speaking at the recent Red Meat Sector conference in Dunedin, Holgate noted that most lamb was still exported frozen, returning $6906/tonne instead of chilled at $11,897/t.

“By and large we’re still treating sheep meat as a commodity market, so the lower value frozen export market still makes up about 80% of what we export, while the higher value chilled market, that’s worth nearly twice as much per tonne, is only 20%. . .


Rural round-up

July 8, 2016

Sheep industry recognises top performance:

The sheep industry celebrated its best and brightest at the Beef + Lamb New Zealand Sheep Industry Awards in Masterton last night.

This is the fifth year the industry’s top performers have gathered to acknowledge outstanding contributors in genetics, science and commercial lamb production.

Amongst the award recipients were Northland sheep breeder Gordon Levet, who was recognised for his long-term work breeding towards worm resistance, while Hawkes Bay farmers James and Jane Hunter won the Blackdale Stud Sheep Industry Supplier of the Year. . . 

Amethyst the foundation jewel of Hereford family – Kate Taylor:

Five generations of one family have sat at the head of NZ Herefords. Kate Taylor went to Akitio, southeast of Dannevirke, to meet the latest one.

Akitio farmer Philip Barnett has followed in the footsteps of his father, grandfather, great grandfather and great, great grandfather to become president of NZ Herefords.

Barnett and wife Lyn own the Kaitoa Hereford Stud, which traces its origins back to the importation of a cow called Amethyst in 1882.

It is a cow family that still remains a linch pin of the stud more than 130 years later, along with the Kaitoa Lady, Princess and Leonora cow families. . .

Bobby calf welfare: everyone has a role to play:

As the dairy industry’s spring calving kicks off, the Bobby Calf Action Group (BCAG) is reminding everyone who handles calves of the important role they have to play.

“The rubber hits the road now, it’s up to everyone across the supply chain to meet the required standards of care for bobby calves this season,” says Ministry for Primary Industries Deputy Director General, Scott Gallacher.

Eight organisations make up the BCAG which was formed at the end of 2015 to accelerate and add to existing measures aimed at ensuring everyone involved with bobby calves applies best practice in their handling and care. . . 

Dairy farms that survive the current downturn will be leaner, more agile and resilient – Rees Logan:

Two difficult seasons of below-average dairy payouts, and a third being forecast, have delivered a big wake-up to the dairy farming industry.

The average payout for the current and last two seasons is approximately $4.55 (including dividend) against DairyNZ’s estimated average breakeven payout required by farmers of $5.25. This means three seasons where most farmers have had to take on additional debt just to survive.

Dairy farmers have been forced to take a ruthless approach to expenditure and to switch their focus from production to profitability in a bid to cut debt. . . 

Irrigation 101 to upskill professionals:

A beginner’s guide to irrigation will be offered in Hawke’s Bay next month for professionals who need to better understand the sector to help their dealings with farmers.

The Irrigation Fundamentals course is a two day workshop offered by IrrigationNZ to introduce non-farmers to the principles of irrigation management. The course, particularly targeted at frontline staff of organisations and businesses that provide services to the irrigation industry, will take place in Hastings on 3rd and 4th August.

Rural advisors, environmental consultants and regional council staff are among those who have attended the course so far in the South Island. . . 

NZ venison prices rise amid tight supply as farmers rebuild herds -By Tina Morrison:

(BusinessDesk) – New Zealand meat processors are having to pay more to secure supply of local venison to service their overseas contracts as farmers retain their breeding hinds to rebuild herds.

Spot prices for a 60-kilogram AP stag have hit $7.85/kg, up from $6.60/kg this time last year and the highest level for this time of year since 2011, according to AgriHQ. Venison production dropped 36 percent in May from the year earlier month, and is down 23 percent in the processing season so far, from Oct.1 through May 31, according to AgriHQ. . . 

Bright fisheries future:

New Zealand fisheries are in good heart, with great potential for the future, Seafood New Zealand Chief Executive Tim Pankhurst said today.

He was speaking at the Marine Societies of New Zealand and Australia conference at Victoria University of Wellington, which has attracted more than 350 marine scientists from both countries.

Pankhurst says the outlook for the New Zealand seafood industry is bright.
“We are not going to run out of fish.”

“We have a seafood sector that is in good heart. Our stocks are sustainable – it’s not just the fishing industry saying that, the science supports it, and the world wants what we produce – and aquaculture is expanding.” . . 

NZ King Salmon reviewing capital options as IPO rumoured – Paul McBeth:

(BusinessDesk) – New Zealand King Salmon Investments says it’s reviewing its capital options to support the development of three new farms in the Marlborough Sounds after Australian media reported the company was looking at an initial public offering.

The Nelson-based salmon farmer and processor hired Credit Suisse and First NZ Capital to test investor interest in Australia and New Zealand for a dual-listing on both sides of the Tasman, valuing the company at $200 million, the Australian Financial Review’s Street Talk column reported. . . 

NZ Yarn Appoints New CEO:

Colin McKenzie has been appointed as the new CEO for Christchurch based NZ Yarn Ltd, effective Monday, 4 July.

NZ Yarn manufactures and markets high quality wool spun yarns for the carpet industry worldwide.

McKenzie was most recently CEO and Managing Director of Cavalier Corporation. He has extensive experience in the textile and manufacturing sectors, and for companies servicing local and export markets.

NZ Yarn is 100% New Zealand owned by Carrfields Primary Wool and several independent investors, who bought it from receivers in 2014. . . 

Global Uncertainity Affects Wool Market:

New Zealand Wool Services International Limited’s C.E.O, Mr John Dawson reports that the ongoing fallout from the Brexit result, continued minimal activity from China and a strong New Zealand dollar have compounded to make significant inroads into local wool values.

The weighted currency indicator compared to last sale lifted 0.66 percent, however against the GBP the New Zealand dollar strengthened a further 4.4 percent making a shift of over 13 percent since the Brexit announcement. Market sentiment is bearish as many clients take a cautious approach during this unsettled period. . . 


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