No cheap entry to split gas options – Richard Rennie:
The cost to run the alternative greenhouse gas (GHG) system for the primary sector now under discussion could cost the sector as much as $90 million a year.
The He Waka Eke Noa (HWEN) split-gas emissions proposal roadshow is now well under way across New Zealand, with farmers having a chance to get under the hood of the two schemes presented, both likely to hit farm profits by between 4-6%.
DairyNZ chief executive Tim Mackle said the estimate of up to a $90m a year cost was “quite possible”, but was also one that had been fully imputed into estimates of what the respective farm based or industry-based schemes are likely to have on farm profits.
“There is no doubt, when you scale up the costs at a farm level to an industry level it does come to quite a big number,” Mackle said. . .
Carbon report calls for a more strategic approach – Colin Williscroft:
Short-term land-use decisions risk the long-term future of New Zealand’s rural landscapes and communities, according to a green paper by former Hastings Mayor Lawrence Yule, however, some industry players are questioning parts of the paper’s content.
Managing Forestry Land-Use Under the Influence of Carbon calls for a more strategic approach to planting trees and outlines policy areas for urgent investigation to address the issue.
It was released ahead of a workshop early next month involving stakeholders, including Forestry Minister Stuart Nash, councils, forestry interests, Beef + Lamb NZ (B+LNZ) and Local Government NZ.
Yule said the paper outlines the risk that short-term decisions will make to the detriment of long-term land-use flexibility, rural communities and export returns. . .
New Zealand’s 2022 kiwifruit harvest has kicked off with the first crop being picked this morning in Te Puke and more kiwifruit to be picked around New Zealand over the coming months.
The 2022 season has the potential to be another record-breaking year with more kiwifruit produced than ever before. A forecast of at least 190 million trays will need to be harvested, overtaking last year’s record of over 177 million trays. On average, each tray has around 30 pieces of kiwifruit.
Zespri’s new RubyRed variety is picked first which is then followed by the Gold and Green varieties. The harvest traditionally peaks in mid-April and runs through until June.
The sweet, berry-tinged tasting Red kiwifruit will also be picked for supermarket shelves in New Zealand and some overseas markets this year. 2022 marks the first year that RubyRed will be sold as a commercial variety. . .
Kiwifruit grower and post harvest operator Seeka has reported a record revenue for the year driven by a rebound in kiwifruit volumes and a lift in production.
Key numbers (for the 12 months ended 31 December 2021 vs year ago)
- Net profit $14.9m vs $15.2m
- Revenue $309.6m vs $251.5m
- Operating earnings $56.8m $42.9m
- Dividend 13 cents per share vs 12cps
The company’s net profit is down 2 percent as 2020’s result included a $5.6 million deferred tax benefit. . .
A Bay of Plenty business dedicated to “the art of growing for a healthier world” is the supreme winner of the New Zealand International Business Awards 2021, announced tonight [17 February] at the Awards’ first-ever broadcast ceremony.
The Supreme Award winner, Bluelab, provides high-precision measurement technology for controlled environment agriculture, including greenhouses, vertical farms and hydroponic production. Operating for more than 30 years, Bluelab is internationally recognised as an industry leader, and provides tools and systems to measure critical factors like pH, temperature and moisture levels when growing plants in controlled environments.
Bluelab’s products are designed, manufactured and exported globally from its base of operations in Tauranga. Bluelab previously won the Excellence in Innovation category at the New Zealand International Business Awards 2019. . .
Producer input and output prices increased in the December 2021 quarter, led by rising prices in dairy and construction industries, Stats NZ said today.
In the December 2021 quarter compared with the September 2021 quarter, prices received by producers of goods and services (outputs) increased 1.4 percent. Prices paid by producers of goods and services (inputs) increased 1.1 percent over the same period.
“Producer prices are increasing, but slower than in the middle of 2021,” business prices delivery manager James Mitchell said.
“Most industries had increases in input and output prices, with dairy and construction industries having the largest contribution to increases in overall producer prices.” . .