Rural round-up

November 30, 2017

Mouldy hay bale discovery leads to new NZ cheese – Adriana Weber:

A discovery in a mouldy bale of hay has led to a new type of cheese its makers hope will put New Zealand on the map.

Whitestone Cheese, a family-run business based in Oamaru, has discovered a new, local blue mould culture.

Chief executive Simon Berry said he spent about six months trying to find a version of Penicillium roqueforti, originally found in limestone caves in France.

He and his head cheesemaker set out to swab similar caves in Otago, and had come close to calling it quits when they received a timely phone call. . . 

Our world of cheesecraft :

We’re often asked, how many of your cheese recipes come from the New World versus those based on old recipes? Great question…

 Cheese is just like wine, their heritage styles date back to old Europe and Middle East. And just like wine, each little village in Europe put their own twist on cheese recipes to forge their own style. Such as Camembert being from Camembert, while Brie is from Brie.

 This Old World would soon branch out into the new. As civilizations split and expanded around the globe, up popped the New World producers. In the case of wine, California’s Napa Valley, South Africa, Australia, Argentina and New Zealand all joined this group. They each made the most of similar climatic conditions to grow European grape varieties and developed their take on traditional wines.

 It’s exactly the same with cheese. Thousands of miles from the traditional home of Brie and Camembert, at Whitestone we discovered that the local great grass growing combined with fantastic dairy meant we could produce European style cheeses. The result was a Mt Domet Double Cream Brie, Waitaki Camembert and Lindis Pass Brie all named after local source icons, stamping our kiwi regional characteristics to these classics. . . 

Storm hits early crop of cherries – Tom Kitchin:

One Teviot Valley orchardist says between 30% and 40% of his crop was damaged because of the sudden torrential Central Otago downpours.

He has also had to lay off staff for the next 10 days.

Other orchards in the valley and Alexandra-Clyde area have fared somewhat better.

The Teviot Valley orchardist, who did not wish to be named, said his first varieties of cherry, Burlat and Earlise, were severely affected by Sunday’s downpour.

He said his varieties of cherries came earlier than other pre-Christmas and post-Christmas varieties.

About 30% to 40% of his crop was damaged by 50-60mm of rain, so he had to lay off staff.

”Roxburgh’s feeling it at the moment. I employ local people. I feel sorry for them.” . . 

Synlait founder Penno to step down as CEO after 12 years, will remain a director –  Jonathan Underhill:

(BusinessDesk) – Synlait Milk founder and chief executive John Penno is to step down after 12 years leading the Dunsandel-based milk processor, whose shares have almost tripled since listing in July 2013.

Penno will step down in the next 12 months in what the company said would be an orderly transition. He will stay on during an international search for his successor.

Penno, who has spent a total of 17 years with the company, said he was ” looking forward to getting back to my entrepreneurial roots and will be looking for opportunities to get involved with start-ups and young companies, which is where my wife, Maury, and I want to continue to make a contribution.” . . 

Celebrating the Kiwi inventor who transformed dairy farming:

Global dairy equipment company DeLaval today celebrated 100 years since the launch of the world’s first commercially successful milking machine by sharing the story of an unknown Kiwi inventor.

At an event held in Hamilton today, the company recognised the vision and innovation of Norman John Daysh. In the early 1900s, Norman invented the first commercial vacuum-pump milking machine that went on to revolutionize the dairy industry.

Norman’s grandchildren John Daysh and Mary Daysh were the guests of honour at the centenary event. John Daysh said he is thrilled his Grandfather is receiving recognition one hundred years after his machine was launched to the world, saying it’s been an untold story until now. . . 

Famous Cambridge stud sold:

One of the country’s most famous horse studs has been sold.

Cambridge Stud has been sold by champion breeder Sir Patrick Hogan.

It has been bought by businessman Brendan Lindsay, who founded and recently sold the Sistema plastic business, and his wife Jo Lindsay. . .

Strong Farm Machinery Sales Herald Strong 2018:

Sales of tractors are strong and the farm machinery sector is employing more workers, demonstrating a positive outlook in the primary industry, says NZ Tractor and Machinery Association (TAMA) President, Roger Nehoff.

Mr Nehoff said in the year to date (end of October) the total number of tractor sales was up about 11% on the year before with some regions up by 45 to 50%. Overall sales were 3164, compared with 2849 for the same period in 2016 and 2978 in 2015.

In addition, the total number of people employed in the tractor and farm machinery sales and servicing sector had increased by more than 350 since 2015 and was now at 2846. . . 

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Rural round-up

June 23, 2015

Water presents high risk to agribusiness:

Whether it’s growing crops, generating electricity or entertaining tourists, water is a key ingredient for the success of the New Zealand economy, yet this also makes it a key risk.

PwC’s latest publication, Preserving water through collaboration that works, considers how New Zealand within a global context, has responded to water risks and the potential to improve water management in the future. New Zealand faces its own risks which differ from those in other parts of the world, and these risks, are increasing.

PwC Director and Local Government expert David Walker says, “A usable supply of water is fundamental to the New Zealand economy and permeates across all industries – and notably farming, forestry, electricity generation and public sectors. However continued effective water management is becoming more complex and costly. . .

ASB Farmshed Economics Report Cash is king for farmers

• Despite a better milk price forecast, farm cashflows will remain weak this season.

• But falling interest rates are putting cash back in farmers’ pockets.

• Meanwhile, the hot air has been let out of the NZ dollar.

Despite Fonterra’s better opening season milk price forecast, farm cashflows will still face pressure this season, according to the latest ASB Farmshed Economics Report. . .

 

TPP dairy deal ‘not at a level we would currently like’, says Key – Pattrick Smellie:

(BusinessDesk) – The Trans-Pacific Partnership trade pact does not yet include an acceptable deal on access for New Zealand’s most important exports, dairy products, with little more than a month to go before the controversial 12 nation trade deal could be concluded.

“I think the way I would describe it is there’s a deal. It’s probably not at the level that we would currently like,” said Prime Minister John Key at his post-Cabinet press conference in Wellington. He was referring to comments last week by Trade Minister Tim Groser that negotiations on dairy access to the heavily protected US, Canadian and Japanese markets had “barely started.” . . .

A2 shareholder Freedom Foods in consortium to take over milk marketer – Fiona Rotherham:

(BusinessDesk) – A2 Milk Co’s cornerstone shareholder, Freedom Foods Group, is part of a consortium with an international dairy group that’s eyeing a takeover of the dual-listed milk marketer.

Freedom Foods, which owns about 19 percent of A2 Milk with a related entity, is mulling a takeover of A2 Milk, making an indicative non-binding and conditional expression of interest to buy the shares it doesn’t already own. A deal would be contingent on the consortium, which includes an “unnamed leading international liquid dairy milk company”, undertaking due diligence. It also has a restriction on A2 Milk changing the number of shares on issue, effectively scotching a planned equity raising. . .

LIC seeks $125M debt facilities this year, targets $140M equity over decade – Jonathan Underhill:

Livestock Improvement Corp, which aims to lift annual revenue to $1 billion by 2025, says it plans to establish $125 million of debt facilities this year and is likely to require $140 million in equity capital over the next 10 years to meet its growth goals.

Details of its capital requirements are included in a presentation the bull semen and dairy genetics database manager is taking around the country to explain to its shareholders how its changing focus, with increased capital spending and new product development, is changing its financial profile. Previously it has only required seasonal debt funding, typically for three months, the presentation shows. .

Upper South Island Butchers Battle It Out:

The best young butchers in the Upper South Island have been announced following the Alto Young Butcher and Competenz Butcher Apprentice of the Year regional final on Saturday.

Rowan Lee from Peter Timbs in Bishopdale was the winner of the Alto Young Butcher category, while Matthew Clemens from New World Ilam topped the Competenz Butcher Apprentice category, both highly sought after titles. . .

 

Tractor and Machinery Association elects new President:

Mark Hamilton-Manns, New Zealand Sales Manager for John Deere, has been elected President of the Tractor and Machinery Association (TAMA).

Formerly Vice President of the organisation, he takes over from Ian Massicks, New Zealand Kubota Manager for CB Norwood Distributors, who had been President for six years.

Roger Nehoff, General Manager New Zealand Retail for Landpower New Zealand, was elected Vice-President. . .


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