Industry body DairyNZ says the increased dividend and the maintained $4.25 per kg MS Fonterra Farmgate Milk Price is some good news for farmers with shares.
But another positive is also emerging – New Zealand dairy farmers have sharpened their systems and reduced costs through this sustained low milk price period.
DairyNZ chief executive Tim Mackle says while the milk price will continue to keep pressure on farmers this season, the industry’s performance in cost-cutting on-farm means break-even costs have been reduced. . .
New Zealand’s meat processors have for some years collected a single uniform biosecurity levy on beef and dairy cattle at meat processors to pay for the costs of TB eradication. Following a review undertaken last year, the Government and DairyNZ agreed that dairy farmers shall pay for a greater share of their share contribution to TB eradication via a differential levy paid on dairy cattle at meat processors.
Meat processors opposed this differential levy on dairy cattle at meat processing. Meat processors believe that it is contrary to good public policy for costs to be charged at the point of production where they do not arise – in this case, costs incurred by dairy farmers should have been met by a charge on their dairy production, rather than through a complex system of differentiating dairy and beef cattle at meat processing. . .
Katie Walker accepts her award from Brennon Skipper (CEO of realestate.co.nz).
Taumarunui farmer Katie Walker, is the first woman to receive the coveted REINZ Rural Rising Star of the Year award.
Katie has made her mark, after her first year in the traditionally male dominated rural sector of the real estate industry. She joined the Property Brokers rural team three weeks after her second baby was born. “I had been in rural retail trade for years, left to have a family and wanted to come back to something more flexible,” she said.
“I went for the interview and I knew this was it.”
A new report into New Zealand’s tourism sector says travellers are looking to regional New Zealand for a more ‘authentic’ Kiwi experience.
In its latest report on the tourism sector, consumer behaviour analysts Marketview has looked at the spending patterns of tourists around the country, and Managing Director Stephen Bridle says the results mean good news for regional New Zealand.
“Our figures show confident, independent tourists want unique and authentic experiences centred on specific interests. Those here for cycling, golf, fishing and even shopping can find something uniquely Kiwi almost anywhere in the country.” . .
Significant rises in New Zealand carbon prices and positive prospects for exported timber may signal a renaissance for forest plantings, with new opportunities for landowners and investors alike in coming years.
Since April the value of carbon prices in New Zealand have almost doubled to $18/tonne after languishing as low as $2.50 a tonne only two years ago.
Meantime log prices have remained relatively firm, sitting $15 a tonne above their five year average with some strong price signals over the past year coming from traditional markets including China and increasing market share to India and South Korea. As of May export values were up 6% in value on a year to year basis. . .
New Zealand farmers and growers have been exporting food and fibre for over 150 years. Our primary industry export revenue is estimated to reach over $36.7 billion in the year ending June 2016.
Over this time innovation and research based science has allowed New Zealand farmers and growers to become world leaders in productivity and quality – with New Zealand well placed to help feed a growing global population.
These gains are increasingly at risk due to the politicising of science which is leading to its marginalisation. So arguing for sensible science is one of our industries greatest challenges. . .
New Zealand’s first commercial-scale biodiesel plant today received its first delivery of inedible tallow, which enables the beginning of biodiesel production.
Z Energy’s $26 million biodiesel plant at Wiri, Auckland, is now in the commissioning phase and will start to produce high quality, sustainable biodiesel later this month. At the plant’s peak of production it will produce 20 million litres of biodiesel, which will be supplied as a biodiesel / mineral diesel blend to both commercial and retail customers across much of the upper half of the North Island.
Z’s General Manager of Supply and Distribution, David Binnie, said the delivery of tallow was a milestone which has been years in the making. . .
Telling the world about Central Otago’s wines and proving to people who sell those wines just how spectacular they are, is the job of Central Otago Pinot Noir Ltd (COPNL).
COPNL’s latest group of brand ambassadors flew out of Queenstown airport at the end of last week, marking the completion of COPNL’s tenth iconic ‘E’Sensual’ event.
E’Sensual has been part of the Central Otago wine industry’s event calendar each year since 2007, and is targeted at international and national wine specialists who enjoy a first-hand taste of what the region’s wine industry has to offer. The 2016 E’Sensual marked the tenth anniversary of the event and celebrated the 150th E’Sensual guest hosted in the region. . .
(BusinessDesk) – PGG Wrightson shares gained 4.5 percent after it said full-year profit rose about 20 percent and operating earnings beat guidance, which had already been upgraded on the strength of the horticulture and beef sectors.
The Christchurch-based company today said trading beat expectations “due to a variety of factors” and that operating earnings before interest, tax, depreciation and amortisation exceeded $68 million in the year ended June 30. Wrightson raised its earnings forecast in June, predicting ebitda of between $65 million and $68 million in the year, though down from $69.6 million in 2015. . .