A strong half year result which culminated in an increase in the Milk Price, a raise in the advance rate paid to Farmers and an interim dividend of 16cents has provided some much needed relief for Fonterra Farmers said Fonterra Shareholders’ Council Chairman, Ian Brown.
Mr Brown: “The Council has made the Board very aware of the hardships being faced by a lot Farmers in the Shareholder base and we are pleased they have demonstrated some flexibility in the form of an increased advance rate, to help relieve some of the financial pressure on-farm.
“It’s been a strong half year performance and we understand the challenges ahead.
“Particular acknowledgement should be made of the New Zealand Milk Products team who have delivered a really impressive result exactly when it was required.” . . .
RDR looks at water storage – Alan Williams:
Rangitata Diversion Race (RDR) managers are considering a centralised water storage scheme as its farmers ride out a second spell of water restrictions.
RDR, in the upland plains of Mid Canterbury, had to restrict water use in early March, much later than in some previous dry years, when cut-backs kicked in as early as December. . .
Evolution of water governance models in NZ – Bryan Jenkins:
In her work that won her the 2009 Nobel Prize in economics, Elinor Ostrom identified three types of governance models for common pool resources like water. One is the “Leviathan model” where there is direct government provision of services with integration of policy making and operational functions. The second is the “privatisation model” where there is private sector provision of services with government role as regulator. The third is the self-governing community model where there is community determination of resource management requirements.
We have seen the evolution of these different models in western countries. After WW2, the welfare state was the dominant approach of government. In relation to water management in NZ, the Ministry of Works had the prime responsibility for water management – a classic example of a Leviathan governance model. In the 1980s there was a shift to the neoliberal concept of the private sector being responsible for service provision and that the government’s role was that of regulator. . .
Success in tackling a destructive beetle on the West Coast has underlined the importance of having integrated pest management plans on farms.
Richard Townsend, Research Associate at AgResearch at Lincoln, said that the work in battling the manuka beetle has seen a reduction of pesticide costs as a proportion of milk solid revenues from 23% to 7% a year.
Return on investment over the three-year project has been $10 for every dollar invested. . .
An intensive arable operation that utilises technology to maximise production in a sustainable manner has won the Supreme title in the 2013 Canterbury Ballance Farm Environment Awards.
Methven farmers Craige and Roz Mackenzie of Greenvale Pastures Ltd received the award at a Ballance Farm Environment Awards (BFEA) ceremony on March 21.
BFEA judges described the Mackenzies as top producers who offer “high levels of innovation and leadership in the arable industry”.
They said the progressive couple has taken technology to the next step on their irrigated farm “using every available tool to improve their production and cost efficiency”. . .
Waikato farmer and businessman David Peacocke has been elected as Chairman designate of Ballance Agri-Nutrients Limited, set to replace David Graham who will retire from the board in September after 10 years as Chairman.
Mr Peacocke, who joined the board in 2005, was elected to the new position by fellow directors at the company board meeting in late February. He and his family are based in Raglan on their beef property and he has interests in several large family farming operations.
The Peacocke family farmed cattle up until about 20 years ago when they transitioned to a mixed operation which now includes dry stock, dairy and cropping in both the Waikato and Canterbury regions. The family are long-standing customers and shareholders of Ballance and its predecessors, and Mr Peacocke’s father Frank also served as a director on the Bay of Plenty Fertiliser Co-operative then Ballance board from 1991 to 2005. . .
Attaining an internationally accepted aquaculture sustainability certification confirms NZ King Salmon’s world-class environmental standards the company says.
The South Island-based business has been confirmed as a sustainable salmon producer through achieving the Global Aquaculture Alliance’s Best Aquaculture Practices (BAP) certification.
The certification covers NZ King Salmon’s entire current operations – five sites and three production facilities in Marlborough and Nelson. The company’s new sites awarded following the recent Environmental Protection Authority hearings will be audited as they come on stream. . .