Rural round-up

November 3, 2017

The big dry – Waimea Water:

The 2001 drought was the most severe drought our region experienced in 60 years. Different phrases were used to describe it, including a shortage or a crisis. Early on it was ‘water fears.’ In the end, the drought stuck and it became known as the ‘Big Dry’ and it affected everyone in the region from Nelson to Richmond to Motueka to Golden Bay.

Riverbeds dried up. Saltwater threatened the bores in the lower Waimea River. Stories about the scarcity of rain appeared almost daily in newspapers. Councils met to assess the water supply risks and the rationing requirements. Green pastures were brown with no grass in sight. Dairy farm stock had to be dried off months early, with cattle and sheep sold below cost to cover lost revenue. Permitted users, including irrigators across the Waimea Plains, had been reduced to 40 percent of their allowed take.  . .

No Waimea dam: I’m out, says long-time market gardener Mark O’Connor – Cherie Sivignon:

For four generations, Mark O’Connor’s family have been on the Waimea Plains. For the past three, they’ve been growing vegetables.

But the Appleby Fresh managing director says if there’s no Waimea dam, he will consider subdividing some of the land and selling up.

“We actually had a meeting the other day and said what are we going to do if we don’t get the dam and I said: ‘I’m out of it; it’s too hard to farm without having water’,” he said. . . 

Fonterra to invest $100m in Australia after hitting full milk processing capacityFonterra sees Aus opportunities – Gerard Hutching:

Fonterra has unveiled plans to invest $100 million immediately into its Australian business in a major expansion plan.

It is also looking into the possibility of its Australian operation becoming a co-operative.

Chief executive Theo Spierings told the co-operative’s annual general meeting in Hawera on Thursday that Fonterra’s reputation had climbed from 9th to 5th in the RepZ survey and had “changed the minds of 1.5 million New Zealanders.” . . 

We’ve got the bull by the udder – John King:

Here’s a quiz for morning smoko. According to modern grazing practice, where’s best on the curve in the illustration for the following:

  • · Maximum livestock growth?
  • · Maximum pasture longevity?
  • · Maximum soil development and structure?

Many farmers and all agricultural professionals will know where’s best for growing livestock, a few less will know where’s best for pasture longevity, and most wouldn’t even consider where’s best for soil, let alone there might be two places. That’s due to the prevailing culture and training railroading what we believe is normal – focusing on single goals.John King

Farmer Fast Five – Richard Power – Claire Inkson:

The Farmers Fast Five : Where we ask a farmer five quick questions about farming, and what agriculture means to them. Today we talk to Hawarden Proud Farmer Richard Power, who with his wife Mez, won the Romney section of this years Ewe Hogget Competition.

How long have you been farmer?

I am a third generation farmer.  I was bought up on our stud sheep and beef farm where from a young age was taught how to handle and judge stock.  After a stint at Lincoln I went lamb drafting for 5 years.  Travelling around so many different farms gave me a great insight into different breeds and ways of farming.  I carried on drafting for another 3 years after taking on the home farm with my wife in 1990 and changing to a commercial operation.

What sort of Farming are you involved in?

We are involved in a traditional dryland sheep/beef and crop operation, concentrating on early lamb production. All our lambs are gone by Christmas, and what doesn’t go prime is sold store.  On a normal season the split would be 80% sheep and the beef/crop sharing 10% each.  Beef cattle of any type are traded from Autumn to Spring and Barley is grown for a local farmer. . . 

Major deer shed upgrade underway:

Most deer farmers are upgrading their deer sheds so that velvet is harvested, handled, stored and transported in a clean environment.John Tacon, quality assurance manager for Deer Industry NZ (DINZ), says the regulatory bottom line is that all sheds must have a “clean zone” – a designated area where velvet antler is removed, handled and frozen. In this zone, all contact surfaces must be washable and clean prior to velvet removal and handling. 

“As soon as practicable after harvesting, but within 2 hours, velvet also needs to be placed in a velvet-only freezer capable of freezing to at least minus 15 deg C.” 

At some time in the future he expects standards could well be “ramped up, but it’s a good starting point”. . . 

Autumn – Ben Eagle:

 Today I began the first of what will be many bramble bashing (or should that be obliterating) sessions throughout the autumn/winter as I try to get on top of the scrub encroaching on some of the farm’s stewardship plots. The sky seemed to be missing today, a great grey and white canvas only intermittently marked by the odd passing pheasant or pigeon, the former unable to get much lift to make sufficient impact upon the bleak sky as I looked upward and across. Pheasants annoy me, with their loud cackling call, their pompous plumage and their inability to fly properly, but I know I shouldn’t hold it against them. As I write this post now I hear them outside. Something has spooked them and they are calling out, confused and terrified of the world. Who can blame them I suppose when you primary reason for existing so far as human kind is concerned is to be shot. . . 

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Rural round-up

October 7, 2017

Time to end cartoon days for meat industry – Pam Tipa:

Meat Industry veteran Sir Graeme Harrison reckons the sector was summed up by a 1994 cartoon captioned, ‘we can’t see, we don’t hear and we don’t talk’.

“I think that is pretty typical of a lot of New Zealand’s export sector to be frank,” the ANZCO Foods Ltd founder and chairman told the recent ExportNZ conference in Auckland.

“Really what we’ve got to do is join hands and collaborate. That is certainly what ANZCO has done in its business relationships around the world.” . . 

Commodities and cost savings drive Fonterra’s performance – Keith Woodford:

Fonterra’s 2017 financial performance was a solid result, despite profits dropping 11 percent to $745 million. The main cause of the drop was the higher farm-gate price of milk supplied by its farmers, which is a cost to corporate Fonterra.

This farm-gate price is based on commodity returns and is largely beyond the control of Fonterra. The decline in profit would have been much greater if it were not for a six percent reduction in operating costs.

It is these operating cost savings which have fuelled the more than $5 million bonus payments this year to CEO Theo Spierings. These savings can be directly attributed to the so-called V3 strategy which was Spierings’ baby. . . 

Fonterra’s payout may be at risk after global dairy prices undershoot – Rebecca Howard:

(BusinessDesk) – Dairy prices undershot expectations in the overnight auction and some economists say it points to weaker demand and stronger supply, threatening Fonterra Cooperative Group’s forecast payout.

The NZX Dairy Derivatives market pointed to around a 5 percent lift but instead the GDT price index – which covers a variety of products and contract periods – fell 2.4 percent from the previous auction two weeks ago to US$3,223.

“The fall was a surprise and must be telling us something about demand that the market did not already know,” said Westpac Banking Corp chief economist Dominick Stephens. . . 

Meet the  new King of the North – Pam Tipa:

New National MP-elect for Northland Matt King, who took the seat off Winston Peters, is not taking anything for granted until the special votes are counted.

Although he is about 1300 votes ahead and has been told that is a safe margin, he will wait and see before making any big decisions.

They will include whether to lease out the 283ha beef farm at Okaihau that he bought only six months ago from his father, having leased it himself for the past 10 years. He has lived on the farm most of his life.

But he says there is no way he could give his best to his new role as an MP and continue to run the farm himself. . . 

Farm Plan focus in Central Hawke’s Bay:

Hawkes Bay Regional Council’s land advisors met with 34 Farm Plan providers in Waipawa on Wednesday to tackle the challenge of delivering 1,100 Central HB farm plans by 31 May 2018.

The regional council’s Tukituki Plan will lead to better water quality in the Tukituki catchment through land use practice improvements and landowner-led innovation. At this stage, the pressure is on individual landowners to commit to work with Farm Plan providers. The Farm Plans are not a solution in themselves, but spell out the adjustments to make to reduce individual farm impacts on the environment. . . 


Fonterra aims to restore 50 freshwater catchments

July 18, 2017

Fonterra CEO, Theo Spierings, has announced an ambition to restore 50 freshwater catchments, signalling the Co-op’s desire to take a leading role in improving New Zealand’s waterways.

“We acknowledge we have an important role to play in addressing water quality in New Zealand. Kiwis want swimmable waterways and that’s an aspiration we share. We’ll work with local communities to improve the quality of our streams and rivers,” said Spierings.

Fonterra launched its 10 year Living Water partnership with the Department of Conservation in 2013, with the aim of achieving sustainable dairying in healthy freshwater ecosystems. The programme focuses on five catchments and aims to improve natural habitats, and freshwater outcomes.

“Living Water has taught us a huge amount and we are making a significant impact on the initial regions. Now we want to amplify those results with the launch of a new initiative that will target 50 catchments.

“Our immediate focus will be on working with communities, Government and key partners to identify the catchments and develop a strategic framework for the programme. This is a major undertaking and we need to get it right, but we are committed to making substantial progress,” said Spierings.

Spierings made the announcement at the annual meeting of the New Zealand Sustainable Business Council held in Auckland yesterday. The Council’s Executive Director, Abbie Reynolds, said she was delighted Fonterra was making a significant commitment to improve water quality.

“The business case for sustainability is clear and it’s pleasing that a growing number of organisations are making robust commitments to improving New Zealand society and the environment. It is great that Fonterra is making an ambitious commitment, which is both bold and restorative,” Reynolds concluded.

Water degradation has occurred over many years and has multiple causes.

Intensive dairying has been part of the problem but the industry has done a lot to repair the damage and reduce its environmental footprint.

Niwa’s freshwater and estuaries chief scientist Dr John Quinn notes a significant improvement:

There has been a lot of improvement in dairy industry practice in the last 15 years. Dairy shed effluent management has improved and is more professional, and the majority of streams on dairy farms are now fenced to exclude cows. Things like the Farm Enviro Walk Toolkit and Sustainable Dairying Water Accord have increased adoption of a range of good environmental practices. These advances have been industry-led, rather than driven by government rules.” . . 

More than 97% of streams running through dairy farms are now fenced, so cows are out of waterways. Waterways are still receiving E. coli and Campylobacter from other unfenced stock and wild animals. They’re also getting microbial pathogens from land runoff when it rains. A 2005 NIWA study found that rain can wash a million to a billion E. coli bacterium per square metre of hillside into streams.

Riparian strips can help. These are the areas where plants grow alongside streams. They trap and absorb nutrients and microbes, including E. coli, in surface water. In the best conditions, riparian strips can remove at least 60% of nitrogen and 65% of phosphorus from runoff and groundwater.

There’s even more to riparian strips than the benefits to water quality. Trees holds together river banks, which stabilises them as habitats for insects and prevents silting and cloudy water that disturbs fish. The shade of trees creates cooler and more humid conditions, which insects need, and prevents over-growth of plants in the stream. Their branches and leaf litter provides direct habitat and food for many of the insects that like riverside conditions for only parts of their life stages, particularly larval, before moving to other habitats.

It is good to have this acknowledgement of the work that’s been done and the positive impact it’s having.

There’s still a lot more to do and Fonterra’s initiative will make a major contribution to it.


Fonterra forecast payout up 75c to $6

November 18, 2016

Welcome news:

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 75 cents to $6.00 per kgMS.

When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $6.50 to $6.60 before retentions.

Chairman John Wilson said the increase reflects improvements in pricing since September, following the gradual rebalancing of global supply and demand.

“We’ve seen falling production in the major exporting regions, particularly Europe and Australia, and an unprecedented decline in New Zealand milk supply due to wetter than normal spring conditions across most regions. On balance, demand continues to be firm. As a result there has been a steady improvement in global dairy commodity prices and this is reflected in the improved forecast.

“We are very mindful that farm incomes will be affected this year because of lower milk production so we will be doing everything possible to build on our good start to the financial year and deliver the highest possible total payout to our farmers,” said Mr Wilson.

First Quarter Performance Update

Fonterra’s first quarter revenue of $3.8 billion is up six per cent on the same period last year. Sales volumes are up two per cent to 4.9 billion litres liquid milk equivalent (LME), while the gross margin of 22 per cent remains largely unchanged.

Chief Executive Theo Spierings said the first quarter revenue gains reflected broad-based volume and margin growth across the business, and an ongoing focus on cost controls.

“Our operating expenses have reduced by two per cent to $621 million and we continue to keep a close rein on them, in line with the financial discipline shown last year,” he said.

The Co-operative has moved an additional 128 million litres LME into higher-value consumer and foodservice products compared with the same period last year.

“The consumer and foodservice business achieved an improved gross margin of 31 per cent, up from 28 per cent. This reflects the increasing strength of our brands in key markets and our focus on chef-led solutions in foodservice.”

Mr Spierings said while the first quarter performance was pleasing, the Co-operative’s earnings face emerging head-winds for the remainder of the financial year.

“Our current milk collection forecast is 1,460 million kilograms of milk solids (kgMS), down seven per cent on last season, and this is constraining sales.

“In addition there is a potential impact from the price of Milk Price reference products, such as whole milk powder, rising faster than non-reference products.”

Mr Spierings said that, given the Co-operative’s stronger sales performance and lower production volumes, it continues to monitor its inventory and contracted sales position closely.

Chairman John Wilson said the Co-operative has had a strong start to the year.

“The unchanged earnings guidance range of 50 to 60 cents took into account the fact that a higher milk price had the potential to influence margins across the business. However, we do expect this volatility to continue which could impact both milk price and earnings guidance. We will keep our farmers and investors updated as we move through the year,” he said. . .

The wet spring has led to lower production over most of the country but if the forecast is realised, all but the least efficient farms will be safely above break-even.

Debt repayment will be a priority on most farms, but this level of payout will enable more spending on businesses that service and supply farms.


Rural round-up

September 23, 2016

Farmers must ‘lock in the gains’ as milk price lifts:

DairyNZ is encouraging farmers to lock in the gains achieved in the past two seasons, as a pasture-first farm system will continue to provide payback as the milk price rises.

Chief executive Tim Mackle says the increase to $5.25 per kg MS for the forecast 2016/17 Fonterra Farmgate milk price is terrific news for dairy farmers.

“This brings many farm businesses to around the 2016/17 break-even milk price of $5.05 per kg MS, once retrospective payments and dividends are taken into account. This means fewer farmers will need to borrow extra funds this season,” says Tim.

“Retrospective payments for next year have also been boosted by 20-25 cents in this announcement, to over $1 per kg MS. . . 

New funding for Mayfield Hinds irrigation scheme:

Primary Industries Minister Nathan Guy has welcomed $345,000 in new funding to investigate expansion of the Mayfield Hinds irrigation scheme in mid-Canterbury.

The funding comes from the Ministry for Primary Industries’ Irrigation Acceleration Fund (IAF)and will look at the feasibility of increasing the irrigated area of the current scheme by 4,500 hectare through piped extensions.

“Storing alpine water to use in dry times is crucial for rural communities to thrive, especially as the climate becomes more variable,” says Mr Guy.

“Well planned and managed irrigation schemes are good for rural economies and the environment. . . 

Fonterra says China well-poised for growth, regulatory changes will see 1800 brands disappear – Fiona Rotherham

(BusinessDesk) – Fonterra Cooperative Group chief executive Theo Spierings says legislation will mean drastic changes in the Chinese infant formula market with the removal of between 1800 and 2000 brands in the next 15 to 18 months.

Regulatory changes require each entity to have only three brands and three different recipes of infant formula in a bid to crack down on the grey market and allay consumers’ food safety concerns by reducing fake formula.

Spierings said Fonterra was well-positioned in every segment in China where it is already the global market leader for ingredients such as whole milk powder but a lot of things have changed in the past few years including a shift to sales from mother and baby shops to e-commerce. . . 

NZX milk futures fall from record after GDT, still above Fonterra payout forecast – Tina Morrison

(BusinessDesk) – New Zealand milk price futures have fallen in the wake of the latest GlobalDairyTrade auction, having reached a record in the run-up to this week’s sale, but remain above the payout level forecast by most of the country’s milk processors.

The NZX milk futures contract for the 2016/17 season hit a record $5.65 per kilogram of milk solids ahead of the GDT overnight on Tuesday, and recently traded at $5.50/kgMS. That’s still above the base milk price forecast by the country’s major milk processors, with Fonterra Cooperative Group this week updating its forecast to $5.25/kgMS, while Synlait Milk’s is at $5/kgMS, Westland Milk Products at $4.75-to-$5.15/kgMS, Miraka at $4.55-to-$4.80/kgMS, and Open Country Dairy at $4.60-to-$4.90/kgMS. Tatua sits above the futures with a current forecast of $5.50-to-$6/kgMS while Oceania Dairy didn’t immediately respond to a request for its forecast. . . 

NZ Merino and Silver Fern Farms set out new path for Silere:

The New Zealand Merino Company (NZM) and Silver Fern Farms have reached agreement for NZM to take 100 per cent ownership of Alpine Origin Merino Limited, previously owned jointly.

Alpine Origin Merino Limited was established 5 years ago as a joint venture between NZM and Silver Fern Farms to own the SILERE alpine origin merino brand and to fund the development and marketing of the SILERE merino meat range. Under the agreement NZM becomes the sole shareholder in Alpine Origin Merino Limited.

NZM Chief Executive John Brakenridge stated that “when we set out we needed to prove merino meat could be differentiated as a luxury eating experience and value created in market could be delivered to grower suppliers. . . 

Kiwi moves to Pitt island, with no electricity or phones, for love – Ryan Bridge:

There’s no love without sacrifice, right? How far would you be willing to go to make it work?

Story met Amy Podjursky during our flight to the Chatham Islands, and discovered she was moving hundreds of kilometres to a remote island in the name of love.

There’s no electricity or cellphones on Pitt Island – and there’s only around 50 people who actually live there. It’s quite uninhabited and it’s the eastern-most point of New Zealand. . . 

 

Image may contain: text, outdoor and nature

Not all superheroes wear capes. Some wear boots and know how to use a crock pot – PinkTractor.com


Value-add shows value of co-operative

September 22, 2016

Fonterra has announced a 65% increase in net profit after tax to $834 million which the company says reflects a stronger business despite ongoing challenges in global dairy markets.

Highlights:

Sales volume increased 4% to 23.7 billion Liquid Milk Equivalents (LME)

· Revenue $17.2 billion, down 9%

· Normalised EBIT $1.4 billion, up 39%

· Net profit after tax $834 million, up 65%

· Return on capital 12.4%, up from 8.9%

· Ingredients inventories down 25%

· Gearing ratio reduced to 44.3% from 49.7%

· Debt reduced by $1.6 billion to $5.5 billion

· Earnings per share 51 cents

· Cash Payout $4.30

– Farmgate Milk Price $3.90 per kgMS

– Dividend of 40 cents per share

 . . . Chairman John Wilson said that the 2015/16 season had been incredibly difficult for farmers, their families and rural communities, with global dairy prices at unsustainable levels.

“Our Co-operative has responded. We continued with the significant and necessary changes we began in the business over three years ago to support our strategy and its priorities, and worked hard to return every possible cent of value back to our farmers.

“Our business strategy is serving us well. We are moving more milk into higher-returning consumer and foodservice products while securing sustainable ingredients margins over the GlobalDairyTrade benchmarks, especially through speciality ingredients and service offerings.

“Through increased earnings and continuing financial discipline we have increased the return on capital and strengthened our balance sheet by significantly reducing debt.

“We have done what we can to support our farmers with the Co-operative Support Loan, and early payment of dividends.

“After a period of deliberate and disciplined attention to the business, we have become a stronger Co-operative operationally, financially and in our mindset with a clear sense of direction and a structure which will support real momentum in our strategy going forward,” said Mr Wilson.

Mr Wilson said farmers’ decisions to reduce stocking rates and supplementary feeding to help lower costs resulted in milk collection across New Zealand for the 2015/16 season declining to 1,566 million kgMS, down three per cent on the previous season.

Strong volume and value growth

Chief Executive Theo Spierings said more volumes of milk sold at higher value is at the heart of Fonterra’s strategy.

“For our farmers, the promise is that we will make the most of their milk. We’re keeping that promise.

“We’ve seen the real strength of our ingredients business this year. The money our farmers have invested in stainless steel is giving us more choice, and we have matched production to the highest value customer demand. In a difficult market, we increased ingredients normalised EBIT this year by 24 per cent to $1,204 million.

“In consumer and foodservice, we converted an additional 380 million litres of liquid milk equivalents (LME) into higher returning products, bringing our total volumes in this business up from 4.5 billion LME to 4.9 billion. Increasing our consumer and foodservice volumes, and especially our foodservice growth, meant we increased our normalised EBIT in this business by 42 per cent to $580 million.

“Our results show that we continue to do what we said we would do right across the Co-op. We are single-minded about transforming our business to get the best results. We have cut our operating expenses, increased our free cash flow, reduced our working capital days, driven debt down, and reduced our capex and our gearing.

“All of this effort, combined with higher earnings and margins meant our measure of return on capital has increased from 8.9 per cent to 12.4 per cent.

“Our results show how our strategy is creating value for our shareholders. We are driving more volume into higher value products, and we are achieving results with increasing efficiency. We will continue to build on this strong platform to keep improving and delivering results to our farmers.

Investing in our communities and future

“At the same time, we have kept our promise to share great dairy nutrition with our communities through Fonterra Milk for Schools, and through our Grass Roots Fund and Living Water partnership, we are looking after local communities and the environment.

“We can only do all of this with the support and commitment of our farmers, investors and employees. Throughout the year we have challenged our people to adapt how we work to better manage the shifts in the global market. It has been a real team effort and I want to thank all of our people in New Zealand and around the world,” said Mr Spierings.

Future outlook

With a forecast Farmgate Milk Price of $5.25 per kilogram of milksolids (kgMS), the forecast total payout available to farmers in the 2016/17 season is $5.75 to $5.85 before retentions. This includes a forecast earnings per share range of 50 to 60 cents.

Mr Wilson said over the past three years the Co-operative had worked hard to align its structure to its strategy with a focus on achieving more value for the volumes of milk produced by its farmers.

“The higher forecast earnings per share range reflects the performance improvements the business will continue making.

“It is still early in the season, and we expect continuing volatility as reflected in price improvements in recent GDT auctions.

“Current global milk prices remain at unrealistically low levels, but as the signs in the market improve, we are very strongly positioned to build on a good result in the year to come,” said Mr Wilson.

The last season was a very tough one for dairying with the milk price well below the $5.05 almost all farms need to break even.

However, lower milk price makes it easier for the company to make money on its value-added products.

This shows the value of  the co-operative model. It enables producers to share the dividends which off-set the low milk price, and it is why Fonterra suppliers are determined to retain ownership of the company.

In businesses which aren’t co-operatives, higher dividends can come at the expense of producers.

You can see the annual results here.


Rural round-up

September 2, 2016

Fonterra on the eve of disruption – Fran O’Sullivan:

Fonterra chief executive Theo Spierings’ challenge ‘build windmills not walls’ is galvanising the dairy co-operative, writes Fran O’Sullivan.

Theo Spierings’ leadership has been tested as he re-engineers New Zealand’s biggest business during the tough times of a lengthy global commodity slump.

The story of how NZ dairy farmer incomes have plummeted, the company’s staff numbers have been slashed and hard calls made with its suppliers is well-traversed.

But behind the scenes there has been a fundamental refocusing of the company’s strategic operations which Spierings expects will result in a “strong picture” when he unveils Fonterra’s financial results late next month. . . 

Value-add products need a point of difference – Keith Woodford:

[This article was commissioned by the NZ Herald. It was written on 8 August 2016 and published on 31 August 2016. Since being written, some 24 days ago, we have seen substantial increases in dairy commodity prices, and in the short term (i.e. the forthcoming GDT dairy auction on 6 September GMT, and possibly subsequent auctions) these increases are likely to continue. However, the fundamentals remain unaltered; i.e commodities are highly volatile and will remain so, but there are also many traps for the unwary along the value-add path.]

There is increasing recognition within New Zealand that the dairy industry is in some trouble. Heading into a third year of low prices, questions have to be asked whether the industry is on a false path. And if so, where is the path back to firm ground?

Some will argue that the answers are simple: that we should reduce the dairy footprint on our land, and that we should focus on value-add. In reality, it is not that simple.

For those who live in the cities, it is easy to miss the importance of agribusiness to the overall economy. Much of New Zealand’s economic growth of the last 15 years is a direct consequence of a bountiful economic environment for agriculture in general and dairy in particular. . . 

GMO ruling frustrates biotech industry, farmers:

A lobby group representing New Zealand’s biotech industry fears further changes around the way genetically modified organisms are regulated could potentially force companies and scientists to shift overseas.

The High Court has upheld the Environment Court’s decision that local councils can have control over use and release of genetically modified organisms in their district.

The ruling was based on an appeal by Federated Farmers, which argued the release of GMOs was already regulated by the Environmental Protection Authority and local councils were not qualified to make such decisions.

But lobby group NZBIO chief executive Will Barker said the decision would come as a blow to the industry. . . 

Boat to change face of commercial fishing in NZ launched in Nelson:

A ceremony steeped in tradition was held in Nelson today to celebrate the launch of a boat that will change the face of commercial fishing in New Zealand.

The state-of-the-art vessel has been built for Tauranga-based fisherman Roger Rawlinson, of Ngati Awa descent. It has been named Santy Maria after his mother, who started the business with his father Bill more than 25 years ago.

The Santy Maria is the first vessel in Moana New Zealand’s $25-30 million fleet renewal project. It has been designed by Australian company OceanTech, with the technical expertise and vast fishing experience of Westfleet CEO Craig Boote, and constructed to the highest specifications by Aimex Service Group in Nelson. . . 

Seafood industry continues steady growth path:

The seafood industry continues to show strong growth with export earnings reaching $1.78 billion in the year to June, Seafood New Zealand’s Executive Chairman George Clement said today.

Speaking at the seafood industry’s annual conference, George Clement said the June result was an increase of $201 million on the same time last year, ”further demonstrating that we continue to make a significant contribution to the economy as one of the country’s main export earners,” he said.

“Last year industry accepted the Government’s aspirational goal of doubling export revenues by 2025 and we are on the growth path to achieve this,”
he said. . . 

The thirsty truth about avocados – Mitch McCann:

From Instagram to Pinterest, this is the golden age of avocados.

They’re so popular, the New Zealand industry’s earnings have doubled in the past three years.

Earlier this year avocado prices skyrocketed to around $4.50.

But now you can grab one for less than $2.

That’s because we’re into a bumper season, which may end up being New Zealand’s biggest ever.

But growing avocados takes a lot of water – much more than for things like potatoes, tomatoes and lettuce. . . 

Seeka announces the purchase of the Kiwi Crush™ and Kiwi Crushies™ product ranges from Vital Food Processors Ltd.:

Seeka Kiwifruit Industries (NZX-SEK), New Zealand’s and Australia’s largest kiwifruit grower, today announced the purchase of the Kiwi Crush and Kiwi Crushies product ranges from Auckland based Vital Food Processors Ltd (Vital Foods) for an undisclosed sum.

Kiwi Crush is a range of 100% natural kiwifruit based drinks that have since the early 1990s helped New Zealanders support and balance the digestive system. . . 

Hawkes Bay wine celebration reveals master class talent:

Two big names in the wine industry will be the hosts of the first-ever F.A.W.C! Masterclasses, at the Hawke’s Bay Wine Celebration.

A must-do event for wine lovers, when the cellar doors of 38 of the region’s finest wineries come together – the Hawke’s Bay Wine Celebration is being held in Auckland and Wellington next month. This is a unique opportunity to meet the winemakers while sampling award-winning wines. The event will showcase 50 Chardonnays, 38 Syrah, more than 30 Merlot Cabernet blends, as well as aromatic Riesling and Gewurztraminer through to newcomers Albarino, Tempranillo and luscious dessert wines. . . 


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