Rural round-up

November 26, 2015

Farmers on knife-edge as land dries out:

Evidence of a dry El Nino summer is beginning to be seen in Canterbury, and has farmers worried.

Federated Farmers president William Rolleston said the region is not seeing a lot of rain and the nor’west winds are already drying things out.

Fire restrictions have been put in place for the rural district of Selwyn, as have restrictions on taking water from the Opuha dam. . . 

Opuha Dam at 80% capacity:

Early irrigation restrictions have helped South Canterbury’s Opuha Dam reach 80 percent of its capacity.

But with little rain expected in the coming months, farmers are being warned this summer could be harder than last.

The irrigation water supply from the dam was turned off for the first time in its 17 years of operation last February as a result of the drought. . . 

North Canterbury irrigaition proposal rejected:

Independent Hearing Commissioners appointed by Environment Canterbury have rejected a proposal to take water from a North Canterbury stream for irrigation and power generation.

The Kakapo Brook runs through Glynn Wye Station and co-applicants Rooney Group – owner of the station – and Mainpower proposed taking up to 1600 litres per second, to fill two large storage dams on the farm totaling 1 million cubic metres.

The water would be used for irrigating 500 hectares of the high country property and providing hydropower generation. . . .

Fonterra says 2016 forecast payout tied to dairy prices rising next year – Fiona Rotherham:

(BusinessDesk) – Fonterra Cooperative Group has affirmed guidance for the 2016 milk payout to farmers, although chairman John Wilson said it was dependent on global dairy prices rising in the first half of next year from current unsustainable levels.

The world’s largest dairy exporter has forecast a farmgate milk price of $4.60 per kilogram of milk solids and a cash dividend of 35-to-40 cents per share for a total payout of $4.95/kgMS to $5/kgMS. . . .

Fonterra targets doubling of China revenue within five years, Spierings says – Fiona Rotherham:

(BusinessDesk) – Fonterra Cooperative Group, the world’s largest dairy exporter, has set a target of becoming the number one dairy player in China and doubling its business in the country to $10 billion within the next five years.

Speaking at the cooperative’s annual meeting in Waitoa today, chief executive Theo Spierings said the new plan meant China could become 25 percent to 30 percent of total revenue.

When asked whether that would expose the cooperative to too much risk in one country, Spierings said China’s provinces could almost be regarded as countries in their own right. . . 

Results of shareholder voting at Fonterra AGM:

Fonterra shareholders have voted to pass seven of the eleven resolutions at this year’s Annual Meeting.

Resolutions eight, nine, ten and eleven, which were special resolutions put forward by Fonterra shareholders, were not passed. The Board and Shareholders’ Council had earlier recommended that shareholders vote against these resolutions.

The results of the resolutions are:

Resolution result / % in favour

Resolution 1: Approval of remuneration of Directors / 85.32%

Resolution 2: Approval of remuneration of Shareholders’ Council / 83.36% . . .

New technologies a paradigm shift for strong wool:

In a move to improve the returns of New Zealand strong wool growers, Wools of New Zealand (WNZ) has entered into a commercial agreement with to acquire the exclusive global rights to an innovative scour and dying process providing new opportunities for New Zealand strong wool previously only the domain of man-made synthetic fibres.

The two innovative technologies will considerably improve the ‘white and bright’ properties of strong wool, along with colour fastness enhancements that will provide a “paradigm shift” in the demand for end products using strong wool. . . .

Texel Poll Dorset Cross wins Mint Lamb Competition:

Hawarden farmer, and long-time corriedale exhibitor, Andrew Sidey took out the 2015 Mint Lamb Competition at the Canterbury A&P Show on November 11. His texel/poll dorset lamb was judged as the country’s best from paddock to plate.

This year the competition had an overhaul with the overall winner being decided on a combination of yield, tender test and taste results as opposed to just taste alone.

Mr Sidey drafted the lamb himself, and after entering for the past four years, believes that experience helped him take out the win. . . 

2016 Beef and Lamb Excellence Awards / Ambassador Chefs to be Announced:

Mark your calendars: The 2016 Beef and Lamb Excellence Award holders will be announced on Tuesday 1 December, alongside five new Beef and Lamb Ambassador Chefs.

The announcement will take place as part of an exclusive 5 course degustation dinner, specially prepared by the five new Ambassador Chefs, on Tuesday December 1 at The James in Auckland.

The 2016 announcement is a special occasion as it marks the 20th anniversary of the Excellence Awards, establishing them as the longest running culinary awards in New Zealand. . . .

Week to Go Til Dairy Awards Entries Close:

There is [less than]a week to go until entries close in the 2016 New Zealand Dairy Industry Awards, including the Share Farmer of the Year, Dairy Manager of the Year and Dairy Trainee of the Year competitions.

Entries are being accepted online at www.dairyindustryawards.co.nz and close at midnight on November 30.

General Manager Chris Keeping says there have been 360 entries received to date, including 358 who entered in time to be eligible for the Early Bird Entry Prize Draw of $12,000 in travel vouchers and spending money*. . . 


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