Red Meat group shares knowledge – Sally Rae:
With a relatively new farming business, Dunback couple Scott and Nadine Tomlinson were keen to surround themselves with some key people.
So they joined an Otago-based Red Meat Profit Partnership Action Network group made up of nine farming couples.
Last week, the group held its second meeting at Barewood Station, a Lone Star Farms-owned property between Outram and Middlemarch. The focus was on body condition scoring and parasite management.
The RMPP Action Network aimed to help farmers put their ideas into action on-farm. Essentially, a group of farmers identified a problem and, with the help of experts, worked together to come up with a solution . .
Wairoa set to tap into ‘hops hemp horticulture’ production – John Boynton:
Could Wairoa become the next foodbowl of New Zealand?
The Poutama Trust, a Māori business development service, is working with a Māori land trust in Wairoa to untap the potential for food production.
Paroa Trust chairman Luis McDonnell said the organisation was working toward a hops trial. . .
Young Farmer involvement ultimate win-win – Sally Rae:
Emma Sutherland has given a lot to Young Farmers and it has given her a lot back – including a husband.
Mrs Sutherland (31), a member of the Clinton club, was recognised for her service at the organisation’s recent national awards evening in Invercargill.
It was a stellar week for the Otago-Southland region; as well as Mrs Sutherland’s success, Brooke Flett won the stock judging and Otago-Southland won best region in New Zealand. . .
LIC’s FY net profit tumbles on one-offs but revenue reaches record -Rebecca Howard:
(BusinessDesk) – Livestock Improvement Corp, the dairy herd genetics cooperative, reported a 55 percent drop in full-year net profit on higher restructuring costs but was upbeat about the current year as those costs will no longer be incurred.
Net profit for the year to May 31 was $9.3 million versus $20.8 million, the Hamilton-based company said in a statement. Reported earnings before interest and taxation were $14.9 million, also down 54 percent. In both cases, the result was weighed by one-off transformation costs and the annual revaluation of the biological bull team. However, stripping out those costs ebit was $27 million versus $20.7 million in the same period a year earlier, it said. . .
Landcorp Faming Limited (Pāmu) has released an updated EBITDAR (Earnings before Interest, Taxes, Depreciation, Amortization and Revaluations) forecast for the 2017/18 financial year.
Previous advice from Pāmu at the time it released its half-year result was an estimated EBITDAR of between $33 and $38 million for the full year. This has now been revised up to an estimated EBITDAR of between $47 – $52 million. . .
A Woodville farmer is proud to be the new head organiser of one of New Zealand’s most prestigious farming competitions, and part of the new wave of women joining the New Zealand Young Farmers’ Board.
Rebecca Brown was elected chairwoman of the FMG Young Farmer of the Year committee last week. She is the first woman to hold the role in the contest’s 50-year history.
“I’m really honoured. It’s a cool feeling and shows that women can do anything” . .
Plant Research (NZ) Ltd, a privately-owned plant breeding and research company based in Christchurch New Zealand, has released two new field pea varieties designed for the emerging pea ingredients market.
The use of field peas for producing a wide range of new foods is increasing rapidly globally. Plant Research (NZ) Ltd together with it’s USA based breeding partner have been working for 10 years to develop the two new varieties. Both companies have linkages with major feed ingredient companies who are helping to understand key traits that are important for fractionation and ingredients for different products. . .
Farmed insects could provide feed for livestock – Paula Park:
Common house flies (Musca domestica) may be a cheap and sustainable source of feed for farm animals, according to a scientist and an entrepreneur.
The flies, whose larvae can be bred, nurtured and ground into granules, provide roughly the same amount of edible protein as fish meal and other widely used protein sources, said entrepreneur Jason Drew.
Drew’s book, The Story of the Fly and How it Could Save the World, launched in London, United Kingdom, last week, argues that the insect’s larvae should be farmed commercially to provide protein for farmed fish and animals to feed the world’s growing population. . .