Rural round-up

May 26, 2016

Record-breaking 2015/16 kiwifruit season: volumes, returns grow:

The 2015/16 kiwifruit season broke records for the industry and Zespri with the biggest-ever total return to growers, highest-ever Green return per hectare and record sales volumes for both Zespri Green and Zespri SunGold Kiwifruit.

Zespri Chairman Peter McBride explains total sales revenue for the season also grew to hit $1.9 billion, up 21 percent from the previous season. The total fruit and service payment to growers for New Zealand-grown fruit increased 22 percent on the previous year to $1.143 billion, with average return per hectare reaching a record $60,758. . . 

FMA concludes assessment of complaints against Silver Fern Farms:

The Financial Markets Authority (FMA) has concluded its assessment of complaints received about Silver Fern Farms Limited (SFF) and will be taking no further action.

The FMA received a small number of complaints in April 2016 relating to Silver Fern Farms Limited and documents released to its shareholders in September 2015. A complaint was also made about the resolution approving the transaction with Shanghai Maling Aquarius Co. Ltd (Shanghai Maling).

The FMA considered whether information sent to SSF’s shareholders could be substantiated and concluded that SFF’s Notice of Meeting and Shareholder Information Pack, dated September 2015, was not misleading or deceptive. . . 

International Campaign Set to Boost NZ Dairy Exports:

A new multi-million-dollar marketing campaign has begun to educate Australian, Chinese and ultimately U.S consumers on the health benefits of New Zealand’s grass fed dairy products.

The international campaign has been launched to raise awareness of the benefits of consuming milk products from grass fed cows over those raised organically. It’s all part of the introduction of new Munchkin Grass Fed™ milk-based formula and toddler drinks. Milk matters because it is the key ingredient in infant formula and toddler milk drinks, constituting up to 65% of the powder. . . 

Higher fruit exports offset dairy fall:

Goods exports rose 4.0 percent in April 2016, up $166 million to $4.3 billion, Statistics New Zealand said today. Fruit exports led the rise, up $59 million (16 percent), offsetting a similar fall in dairy values.

Gold kiwifruit rose $53 million (53 percent), but was partly offset by a fall in green kiwifruit, down $38 million (35 percent). Apples rose $39 million (29 percent), with apple exports to Taiwan up $16 million (91 percent). Taiwan was New Zealand’s top destination for apples in April 2016, beating out the United States and the United Kingdom.

Among other export commodities, untreated logs, foodstuffs such as dietary supplements and savoury fillings, and beef and lamb all rose in value this month. . . 

Comvita to beef up honey supply in new joint venture – Sophie Boot

(BusinessDesk) – New Zealand manuka honey products maker Comvita is linking up with Blenheim-based apiary operator Putake Group to form a South Island-based honey business to meet global demand for manuka honey.

The companies have signed a memorandum of understanding to form a 50:50 joint venture, named Putake Group Holdings, which would develop a wholesale honey business in the South Island, Te Puke-based Comvita said in a statement. Putake owns 1,200 hives and manages another 2,800 hives through separate joint venture arrangements. . . 

Advisory boards can offer guidance for farmers during a period of uncertainty:

As the agricultural sector grapples with high levels of dairy debt and increased volatility, Crowe Horwath’s Head of Agribusiness, Neil McAra, says farmers need to look at getting sound governance support.

McAra is a strong advocate for advisory boards which can assist farmers with the ability to make better decisions and can help improve business governance.

The value, scale and complexity of New Zealand farming operations have increased significantly over the last two decades. . . 

Rural Contractors annual conference coming up:

Rural Contractors New Zealand (RCNZ) is encouraging all of its members – and any others interested in the agricultural contracting sector – to attend its annual conference being held in the Bay of Islands later next month.

Chief executive Roger Parton says this year’s RCNZ annual conference is being held at the Copthorne Hotel and Resort, in Paihia, from June 27-30.

“The conference is now only a month away and for those who have not registered yet; now is the time to do so,” he explains. “We will be unable to hold any accommodation past the end of this month, so if people want come they need to get their registrations in now.” . . 


Rural round-up

May 23, 2015

Modern farming has had its day – Annette Scott:

Modern agriculture, at about 70 years old, was the product of post WWII food shortages and while it had been effective in its primary aim of increasing yields it has to change, an industry expert says.

The 2020s would be the new 1960s as agriculture and social change entered a period as significant as the 1950s and 1960s, Dr Charles Merfield of the Biological Husbandry Unit’s Future Farming Centre said.

“Our times are once again changing,” he told farmers at a sustainable agriculture seminar run by the FFC and the Foundation for Arable Research in Ashburton. . .

Agricultural and Agri-Food Producers Call for an Ambitious, Fair, and Comprehensive Agreement through the Trans-Pacific Partnership:

As Trans-Pacific Partnership (TPP) nations meet this week in Guam to continue negotiations, agri-food producer and processor organisations from Canada, the United States, Australia and New Zealand remain united in their call for a modern trade agreement that includes meaningful and comprehensive market access opportunities for agriculture and agri-food.

The organisations advocating for an ambitious, fair and comprehensive TPP agreement are the Canadian Agri-Food Trade Alliance, the American Farm Bureau Federation, the Australian National Farmers’ Federation, and the Federated Farmers of New Zealand. Together, they represent hundreds of thousands of farmers, producers, processors and exporters who, in turn, employ millions of workers across the TPP region.

“Our agricultural sectors and the jobs they provide depend on a thriving network of export markets,” said Brian Innes, president of the Canadian Agri-Food Trade Alliance. . .

Working to surplus the best news for farmers in the Budget:

Federated Farmers says it’s disappointed there is no Budget surplus this year, but the best news for farmers from the Government is that it is on track for a surplus next year.

Acting President Anders Crofoot says Federated Farmers welcomes a number of measures in the Budget, but the best thing to assist the rural economy is to control government spending enough to create an enduring surplus to enable debt repayment and to keep pressure off inflation, monetary policy and the exchange rate.

“The Government is clearly trying to balance the need to responsibly manage its finances with the pressing and growing demands to do something about housing and child hardship.” . .

Budget biosecurity announcements a good response to changing risks:

The Dairy Companies Association of New Zealand (DCANZ) has welcomed the 2015 budget announcements in support of better biosecurity outcomes.

“Short of a major volcanic eruption in Auckland there is very little that trumps the impact that a biosecurity incursion could have on the New Zealand economy. A bad biosecurity incursion would shut down exports and derail much of our country’s productive capability.” says DCANZ Chairman Malcolm Bailey.

“Unlike a volcanic eruption, there are things we can do as a country to lessen the risk of a biosecurity incursion. DCANZ thanks the Government for its commitment to responding to the changes which are altering New Zealand’s biosecurity risk profile.” . . .

NZ wool prices jump to multi-year high at auction, amid strong exporter demand – Tina Morrison:

(BusinessDesk) – New Zealand wool prices jumped to multi-year highs at auction even as the volume on offer rose 78 percent, amid strong demand from exporters.

The price for clean 35-micron wool, a benchmark for crossbred wool used for carpets and accounting for the majority of New Zealand’s production, rose to $6.20 per kilogram at yesterday’s South Island auction, from $5.80/kg in the North Island auction last week, and reaching its highest level since November 2013, according to AgriHQ. Lamb wool jumped to $6.90/kg, from $6.65/kg, marking its highest level since April 2011. . .

Blenheim the place to be in June for Ag contractors:

Rural Contractors New Zealand (RCNZ) is encouraging all of its members – and any others interested in the agricultural contracting sector – to attend its annual conference being held in Blenheim later next month.

Chief executive Roger Parton says this year’s RCNZ annual conference is being held at the Marlborough Convention Centre, in Blenheim, from June 22-25.

“The conference is less than a month away and for those who have not registered yet; now is the time to do so,” he explains. “We will be unable to hold any accommodation past the end of this month, so if people want come they need to get their registrations in now.” . . .


Rural round-up

April 23, 2015

Show Me Sustainable Dairy Farming:

Pakotai dairy farmers, Rachel & Greig Alexander, winners of the 2015 Northland Ballance Farm Environment Supreme Award, are hosting a field day at their Award winning property at 3305 Mangakahia Road on Thursday 7th May 2015.

Their dairy farm will be open to all interested parties, commencing at 10.30am, with the day concluding with a light lunch at approximately 1.30pm.

The field day will provide the opportunity for visitors to learn how Rachel and Greig interpret ‘sustainability’ in their farming business. The Alexanders will explain how they incorporate sustainability into their day to day operation while still achieving bottom line profitability across the farming business, which also includes a beef operation and forestry. . .

Farming finalists a family success:

One of the three finalists for a major Maori farming award has opened its gates to visitors for a field day.

Mangaroa Station, about an hour inland from Wairoa, is a finalist in this year’s Ahuwhenua Trophy for Maori excellence in sheep and beef farming.

Owners Bart and Nukuhia Hadfield showed judges the farm and stock yesterday and are running the field day today.

Mr Hadfield said the history of how the couple came to own the station was a major part of their entry into the awards. . .

NZ cow’s milk product wows Mexican dermatologists:

Hamilton-based company, Quantec Ltd, has successfully launched its world-first anti-acne cream to hundreds of Mexican dermatologists in Mexico City this month.

Quantec’s product, a clinically-proven anti-acne cream derived from cow’s milk called Epiology, was first launched into New Zealand pharmacies in May 2014.

Quantec founder and managing director Dr Rod Claycomb said it was the product’s success nationally that spurred Quantec to swiftly take the product global. . .

The New Zealand Seafood Industry has lost a titan with the death of Philip Vela:

The New Zealand seafood industry has lost a titan with the death of Philip Vela.

“Philip Vela was an early pioneer in the development of the hoki, orange roughy, tuna and squid fisheries. He continued to be a major player and innovator in New Zealand fisheries – a business where only the strongest of the strong have survived over these past 40 years,” Deepwater Group chief executive George Clement said.

“As such, the New Zealand seafood industry owes Philip and his brother Peter a huge debt. . .

Battle For Our Birds a great success:

Conservation Minister Maggie Barry says the success of the Battle For Our Birds programme is a welcome victory for endangered native species.

The Department of Conservation today released preliminary monitoring results for the eight-month long anti-predator campaign.

“There are thousands more native birds alive today than there would have been without the work done by DOC’s Battle For Our Birds last summer,” Ms Barry says.

“If we had done nothing and treated it as business as usual, the rat and stoat plague accompanying last year’s beech mast would have wiped out local populations of some of our rarest birds such as the kakariki, mohua/yellowhead or whio/blue duck.” . .

On the road again – RCNZ workshops being held in May:

Rural Contractors New Zealand (RCNZ) will be on the road again this May updating its members on the latest changes in health and safety, transport and employment laws – as well as other topics – in a series of roadshows being held around the country during May.

RCNZ chief executive Roger Parton says the roadshow presentation will cover off the proposed new Health & Safety legislation and regulations, the Safer Farms programme and Codes of Practice for using tractors and other self propelled agricultural vehicles and what these changes will mean for rural contractors. . .  

Farmers encouraged to check they are registered with Beef + Lamb New Zealand for referendum vote:

Beef + Lamb New Zealand (B+LNZ) is encouraging farmers to check they are registered to vote in the sheep and beef levy referendum that will be held later this year.

All sheep, beef and dairy farmers will be able to vote on continuing to invest in programmes run by B+LNZ, which are designed to support a confident sector with improved farm productivity, profitability and performance.

B+LNZ Chief Executive Dr Scott Champion said it’s important that famers ensure they are on the roll and that their details are up to date. . .

OVERSEER 6.2’s new irrigation module now live through the new OVERSEER website:

OVERSEER 6.2 went live last night after a month-long OVERSEER road show that attracted hundreds of farmers and farm advisers willing to learn how to use the new irrigation module.

Full technical notes and the updated Data Input Standards have been released with OVERSEER 6.2 through a brand new website and OVERSEER’s General Manager Dr Caroline Read says users have everything they need to get up to speed.

“We’ve been working with IrrigationNZ since the start of the year to forewarn irrigators that OVERSEER 6.2 would be launched this month. Regional councils in popular irrigation areas have also been getting the message out. Farmers and growers can now work with their advisers to make sure their OVERSEER data is in line with what the new irrigation module requires,” says Dr Read. . .


Rural round-up

April 23, 2014

Happy Earth Day! If you see a farmer, say thanks for being an environmental steward not just today, but every day!

LIC sets course to $1b horizon:

FARMER CO-OP Livestock Improvement Corporation (LIC) is revamping its executive team and aiming to raise revenue 500% by 2025.

Directors and farmer shareholders have given chief executive Wayne McNee the go-ahead to trim executive numbers from 11 to 8. The post of chief operating officer is abolished and four new management positions are advertised. Several current executives may settle for non-executive roles or quit.

Staff learned this month of a strategy to earn $1 billion in revenues by 2025; the animal breeding and farm technology service provider earned $200m last year. . . .

Focus shift for Landcorp:

STATE-OWNED FARMER Landcorp is seeking to make subtle but significant changes to its strategic direction.

Outlining the changes to Rural News, chief executive Steven Carden said the SOE wants people to realise there is a direct correlation between a strong Landcorp and a strong New Zealand farming sector.

Directors and staff know about the proposed changes, due for further discussion during another strategy session at a board meeting in a few weeks.

Historically the organisation has been relatively inward looking, he says. Now he’d like to see Landcorp working more collaboratively with other partners and looking well beyond the farmgate and engaging with others. . . .

Why scientific method sorts weak from chaff – Doug Edmeades:

According to my dictionary an anecdote is “a short narrative of an incident of private life”. Anecdotes are frequently used to sell dubious products to unsuspecting farmers. Their use is rife among fertiliser products.

You will all have heard them. “The chap at the end of the road put on some of that stuff – my word his lambs looked good this year”. Or, “This guy sold me some humate, I chucked it on a bad paddock down the back – now there are earthworms everywhere”. And one that has always intrigued me comes from the south, “Joe put some of that seaweed liquid fertiliser on and now hundreds of seagulls follow his plough”.

The seductiveness of anecdotes is that they are derived from observation and only a fool would dare tell a farmer that his observations are BS .. .

Farm Manager Finalists Milking 5000 Cows:

The eleven 2014 New Zealand Farm Manager of the Year finalists are together managing 5200 cows producing more than two million kilograms of milksolids.

“These finalists represent a group of dairy farm employees that work extremely hard and put in long hours to harvest the country’s sought after fresh milk in the most cost effective, sustainable and efficient manner,” National Convenor Chris Keeping says.

“The finalists are also passionate about what they do and are keen to progress their dairy industry career.” . . .

Ten Farming Ambassadors Hailed In 2014 Ballance Farm Environment Awards:

The Ballance Farm Environment Awards have finished another successful year, with Supreme winners from 10 regions recognised for their outstanding contribution to agricultural sustainability.

David Natzke, General Manager of the New Zealand Farm Environment Trust, says the 2014 competition drew a “wonderful group of entrants” and the high standard made it a real challenge for judges to pick out the final Supreme winners.

“Attendance at all the regional award ceremonies was well up on previous years. This reflects a great recognition of the awards and how well they are managed and promoted in the regions.”

Taranaki was welcomed into the competition for 2014 and the announcement of the first Taranaki Supreme winner was another highlight, says Mr Natzke. . .

 

Rural Contractors NZ hits the road during May:

Rural Contractors New Zealand (RCNZ) will be updating its members on the latest changes in health and safety, transport and employment laws – as well as other topics – in a series of road shows being held around the country during May.

RCNZ chief executive Roger Parton says rural contractors need to get to grips with proposed changes to health and safety regulations following the recent introduction of the Health & Safety in Employment Reform Bill into Parliament.

“There are some really major changes planned which will most definitely affect rural contractors,” he explains.

“The penalties for getting it wrong, should someone suffer a bad accident at their workplace, are very severe.” . . .

Great turnout for last Regional Final:

Crowds gathered at the Mackenzie Showgrounds in Fairlie Monday 21 April for the final stop of the AgriKidsNZ and TeenAg competition series.

The Aorangi Regional Final saw Hinds Agris, Ella Yeatman, William Ward and Hayden Jefferson from Hinds School take home the top honour for the AgriKidsNZ competition and High Country Hillbillies, Holly Malcolm and Ella Sanderson from St Kevin’s School were first in the TeenAg event.

The competitions test skills, strength and stamina while introducing youth to the fun side of agriculture. Primary and high school students from all walks of life are welcome to join in. . .

Get Your Entries In For NZ’s First Gaia Awards:

Over recent months, the debate on water quality has reached boiling point with reports and commentary from prominent figures such as Dr Jan Wright Parliamentary Commissioner for the Environment, Sir David Skegg President of the Royal Society of New Zealand and Dame Anne Salmond calling for a shift in farming practices.

Fortunately, there are a growing number of producers bucking a trend of declining water quality and profitability through a focus on soil health. The Association of Biological Farmers (ABF) are hosting NZ’s first Green Agriculture Innovation Awards (GAIA) this August in recognition of these timely innovations. Entries for the Awards are closing soon! ABF wants to congratulate and celebrate not only the farmers and growers but also consultants and bio-fertiliser companies that, at a mushrooming pace, are changing the face of food production in New Zealand. . . .


Rural round-up

January 22, 2014

Rural contracting nears a billion-dollar-a-year industry:

New Zealand’s rural contracting industry contributed almost a billion dollars to the country’s economy last year, according to recently published research.

Rural Contractors New Zealand (RCNZ) says a report, prepared for it by research company Infometrics, shows that the rural contracting sector contributed some $947 million to New Zealand’s GDP in 2013.

“This research shows that the rural contracting industry is not only a major contributor to our all-important agri-sector, but also a strong and vital part of New Zealand’s over all economy,” says RCNZ chief executive Roger Parton.
This contribution to the national economy came from some 5255 registered rural contracting businesses. . . .

Hastings apple orchard attacked:

A Hastings fruit and vegetable grower is picking up the pieces after vandals destroyed 5,500 apple trees on one of his orchards.

Kulwant Singh says he arrived at the orchard one morning in November to find his 10 hectare apple block had been destroyed.

He says it was a deliberate attack by people who knew what they were doing.

He says 100 rows of trees had been cut or snapped in such a way as to destroy them. . .

Queenstown chef wins accolade – Hamish McLeod:

A Queenstown chef has been named one of New Zealand’s “culinary rockstars”.

Ben Batterbury, head chef at the True South Dining Room at the Rees Hotel in Queenstown, was one of five chefs awarded the Beef + Lamb New Zealand Ambassador Chef title, and was the only one from the south.

Beef + Lamb NZ communications manager Kim Doran said 2014 was the second year Mr Batterbury had received the title.

The five ambassadors were chosen from 164 recipients of the 2014 Beef and Lamb Excellence Award. . .

Gates speaks at ag innovation forum:

BILL GATES will call on participants to help create another agricultural revolution in our lifetime to support a world where most of the poorest are farmers.

He will speak upcoming Global Forum for Innovations in Agriculture (GFIA), which claims to be world’s largest showcase of game-changing agricultural innovations and technology.

The solutions-driven event and will run from February 3-5 at Abu Dhabi’s National Exhibitions Company (ADNEC). . .

 

 NSW mine licence cancellation emotional news for farmer – Lisa Herbert:

A Hunter Valley farmer who’s been fighting a nearby mine proposal for the past five years says the NSW Government’s decision to rip up the mining licence caught him by surprise.

Late yesterday afternoon Premier Barry O’Farrell announced the Government will introduce legislation to cancel the exploration licences for Doyles Creek, Mount Penny and Glendon Brook; mines that were at the centre of two high-profile corruption inquiries.

In December, the Independent Commission Against Corruption (ICAC) recommended the cancellation. . .

Campaign touts benefits of wool:

An international wool industry leader is crediting the ongoing Campaign for Wool for raising awareness of the environmental benefits of the fibre.

Peter Ackroyd, chief operating officer of the campaign and president of the International Wool and Textile Organisation (IWTO), is in New Zealand to meet wool industry representatives.

He said the four-year-old campaign, under the patronage of Prince Charles, had focused on promoting the natural and sustainable attributes of wool over competing artificial fibres. . . .

Fonterra Issues Renminbi Bond to Support China Growth:

Fonterra Co-operative Group Limited announced today it has raised 1.25 billion Chinese renminbi (approximately NZD250 million) through a 5 year “dim sum” bond issue (Chinese renminbi raised offshore) as part of its ongoing commitment to developing its China business.

Fonterra Chief Financial Officer, Lukas Paravicini, said the funds raised from the dim sum bond issue will be used to further strengthen and support the growth of Fonterra’s businesses in China.

“Along with refinancing some of our existing China operations, we will also be using funds to support further growth in this market. This will include the further expansion of our consumer, foodservice and farming operations,” he said. . .

Mt Difficulty Wines
Six seeds in a berry – meant to be impossible! Going to be large berries and bunches this season… #‎pinotcentral‬ ‪#‎nzwine‬
Six seeds in a berry - meant to be impossible! Going to be large berries and bunches this season... #pinotcentral #nzwine

New marketing collaboration to grow Hawke’s Bay wine sales in China

Funding has been confirmed for a $500,000 three-year programme to increase awareness and sales of Hawke’s Bay wine into China.

Hawke’s Bay Winegrowers’ Inc., the regional organisation representing local grape growers and winemakers, has secured a dollar for dollar grant from the Agricultural and Marketing Research and Development Trust (AGMARDT), an agribusiness trust, to get a collaborative China marketing project underway.

The programme includes up to nine education and tasting events per year in addition to PR and social media campaigns. . . .

#MondayMotivation Even in the cold and on holidays, our #Farmers & #Ranchers keep working!


Rural round-up

June 5, 2013

Hepatitis A outbreak linked to Oregon berry farm – Mary Clare Jalonick:

The Food and Drug Administration is investigating an outbreak of hepatitis A linked to a frozen organic berry mix sold by an Oregon company.

The FDA and the federal Centers for Disease Control and Prevention said Friday that 30 illnesses are linked to Townsend Farms Organic Anti-Oxidant Blend, which contains pomegranate seed mix. Illnesses were reported in Colorado, New Mexico, Nevada, Arizona and California.

Several of those who fell ill reported buying the berry mix at Costco, according to CDC. A Costco spokesman said Friday that the company has removed the product from stores and is attempting to contact members who purchased the product in recent months. . .

Research shows importance of dairy

New consumer research shows 72% of Asians think dairy is an important part of a balanced diet.

However, the research also shows fewer than half the 9000 people surveyed in nine countries are eating every day.

Fonterra strategy director Maury Leyland said the results clearly demonstrate growing awareness of the importance of dairy nutrition across the region and the opportunity this presents to the New Zealand dairy industry. . .

High quality tipped for bumper olive harvest – Peter Watson:

It’s a nervous time for Nelson olive growers as they try to beat the onset of winter, and the birds, to harvest what is expected to be a record crop.

Ideally, Peter Coubrough wanted to wait a couple of weeks before starting picking on his small grove on the Waimea estuary near Mapua to allow further ripening and get the oil percentage up, but he was unwilling to take that risk and lose a heavy crop.

“The weather hasn’t been as warm and sunny as we would have hoped.

“If we don’t get the fruit off now it will either get frosted or the birds will get it,” he said as the pickers arrived last week to begin work at Frog’s End Estate. . .

Vital investment tool developed for wood processors:

A major study report released by the Wood Council highlights the need for by-products from established industries like sawmilling if New Zealand is to develop profitable businesses based on emerging technologies, like bio-fuels and bio-chemicals.

The WoodScape study is the result of collaboration between the forest and wood products industry, the NZ Ministry for Primary Industries and NZ Trade and Enterprise, which together funded the project.

Crown Research Institute Scion, in partnership with FP Innovations and the Wood Council, evaluated wood processing investment opportunities in a New Zealand setting. . .

Fertiliser company seeking $10m for phosphate project:

Chatham Rock Phosphate is going to the public for the first time to raise up to $10 million, to help fund it through to the start of mining in 2015.

The fertiliser company said the public offer aims to raise $4 million with the ability to accept oversubscriptions of a further $6 million.

The offer will consist of new ordinary shares at an issue price of 35 cents per share with one option attached to every three shares issued. . .

Reaping rewards of hard work – Rebecca Harper:

There seem to have been a rash of farming awards handed out recently – perhaps it’s the season for it.

As a first-time attendee at the New Zealand Dairy Industry Awards, they were extremely impressive.

The awards, held at the TSB Arena in Wellington, ran like a well-oiled machine. It was a most professional and well-attended black-tie event.

The evening reflected the pride in the dairying industry and the esteem the awards are held in. There was truly the cream of the crop in the room.

And for an industry that pulls in a huge chunk of the country’s wealth, it was great to see its top achievers given the credit they are due, in the capital city. . .

Russell McVeagh and Fonterra scoop up ALB Law Awards:

Fonterra’s Trading Among Farmers transaction, completed in November 2012, was one of the big winners at this year’s ALB Australasian Law Awards. The transaction won New Zealand Deal of the Year and the IPO of the Fonterra Shareholders’ Fund won the Equity Deal of the Year Award, an Australasian-wide category. Russell McVeagh acted as the principal legal advisors to Fonterra from the beginning of the transaction in 2010 to its completion.

The firm would like to congratulate the Fonterra legal team, which also won the New Zealand In-house Team of the Year Award in recognition of their outstanding hard work and achievement. . .

New agriculture vehicle regulations:

New rules for agricultural vehicles came into force on June 1 with rural contractors – and farmers –being encouraged to familiarise themselves with these changes.

Rural Contractors New Zealand – the national association and the leading advocate for rural contractors in New Zealand – executive director Roger Parton says the new rules offer agricultural vehicle owners improved compliance and greater operational flexibility. He says Rural Contractors NZ has worked collaboratively with Ministry of Transport, NZTA and NZ Police to develop them.

“These changes are a long time coming and have resulted in rules that are easy to understand, comply with and enforce,” Roger Parton adds. “These changes recognise the unique operating characteristics and environment that agricultural vehicles require to travel on the road.” . . .


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