Speech to Red Meat Sector conference – Nathan Guy:
Good evening and thank you for the opportunity to address you all tonight.
Following some challenging years, there are strong indications of improved results for many companies in the sector this year.
This resilience is a reflection of the hard work of people throughout the red meat sector.
The meat and wool sectors make up 21 percent of total primary sector export revenue at an estimated export value of $8 billion for the year ending 30 June 2014, which is a record.
The recovery of dry stock numbers after last year’s drought and the productivity improvements need to be acknowledged.
In the face of forecast decreases in stock numbers these capabilities will be important assets for the future. . .
Growth in global milk pool ‘unusual,’ says Spierings, in cutting forecast - Jonathan Underhill:
(BusinessDesk) – The global market for dairy products have been in the unusual situation where most producers have been lifting supply, while demand weakened in China, Southeast Asia and the Middle East, says Fonterra Cooperative Group chief executive Theo Spierings.
The world’s biggest dairy exporter today cut its Farmgate Milk Price forecast for the 2014/2015 year to $6 a kilogram of milk solids from a previous forecast of $7 kgMS, reflecting a slide in global dairy prices, which touched their lowest levels since December 2012 in the latest GlobalDairyTrade auction. It flagged a dividend of 20 cents to 25 cents, up from last year’s 10 cent payment.
“All milk pools around the world showed significant growth – we see milk coming from everywhere,” Spierings said. “On the demand side, China is looking at pretty high inventories” although in-market sales “are still very, very strong in China.” Demand in Southeast Asia and the Middle East had dropped off faster than expected as rising prices were passed onto consumers, he said. . . .
Agri industry passion leads to new appointment – Rabobank:
With a clear passion for the agricultural industry and strong knowledge of the sector, Georgia Twomey is thrilled to be appointed as a commodity analyst in Rabobank’s Food & Agribusiness Research and Advisory team.
Based in Rabobank’s Australia/New Zealand head office in Sydney, Ms Twomey will oversee sugar, cotton and wool – three key sectors for Rabobank’s business in the region.
Ms Twomey says she has always loved working in the agricultural industry, particularly being raised with a farming background, growing up in Goulburn in southern New South Wales.
“I love the agricultural industry and believe the sector really holds the key to Australia’s future economic security,” she says. . .
More emphasis on microbes required in food safety -
Current concepts regarding food safety and security may be inadequate for fully addressing what is an increasingly complex issue. That’s according to Lincoln University Senior Lecturer in Food Microbiology, Dr Malik Hussain.
Dr Hussain has been invited as a representative of the University’s Centre for Food Research and Innovation to the Asian Food Safety and Security Association Conference to be held in Vietnam in August. He will also chair a workshop at the conference on risk assessment and management with regard to food safety.
Although the matter of food safety and security may sound simple enough, it is, in fact, a multi-dimensional and complicated issue, made all the more so from increasing pressures stemming from rapid population growth. . .
Steve Yung appointed as new Sealord CEO:
Sealord Group Ltd’s Board of Directors has appointed experienced food industry leader Steve Yung as the company’s next CEO.
Canadian born Yung has most recently been Managing Director of McCain Foods Australia/New Zealand and will take up his new role, based in Auckland on the 25th August 2014. He was a member of the global Senior Leadership Team at McCain.
Sealord Group Chairman Matanuku Mahuika said Yung has a strong set of skills that will help the company’s growth and development, particularly in the Australian market. . . .
Protecting your winter grazing business:
Both graziers and those sending animals for grazing have obligations under the NAIT programme to record the movements of animals from farm to farm. It is the grazier’s responsibility to record a NAIT movement from the grazing block to the home farm for animals that have been wintered on their property.
It’s also important that the person in charge of the animals at the receiving home farm confirm with NAIT when the cattle arrive back from grazing.
This can be done through movement related notification emails that include a direct link to the NAIT system, where animal movements can be confirmed or rejected in just a few clicks. Alternatively, you can contact NAIT on 0800 624 843. . . .
UK supermarket giant partners with New Zealand Ag-Tech company for major R&D collaboration:
British supermarket Sainsbury’s is teaming up with New Zealand’s Techion Group to run an international, cutting edge, technology project. The two-year international research & development project will roll out on-farm technology to effectively manage parasites increasing product quality and profits for farmers.
J Sainsbury Plc, in conjunction withTechion Group Ltd, has announced Sainsbury’s will support the cost of implementing Techion’s technology, the FECPAK G2 system, both in New Zealand and the UK. The project team includes meat processors Alliance Group (NZ), Dunbia (UK) and Randall Parker Foods (UK).
Greg Mirams, Founder and Managing Director of the animal parasite diagnostics company, Techion, is at the centre of the project. He is confident it will have a significant impact on farmers’ profit and efficiency here and in the UK. . . .