Sock-less shoe idea gets $30k kickstarter – Daniel Lynch:
Tim Brown’s sock-less woollen running shoe idea is one step closer to being a commercial reality after the startup’s wildly successful crowdfunding campaign.
It took just over 24 hours for Brown’s fledgling company Three Over Seven to reach its $30,000 target on crowd funding site Kickstarter.
So far, more than 290 people from around the world have backed the Wool Runners idea each pledging a small financial contribution – and that figure could grow much higher by the end of the month-long funding push.
The former All White’s and Phoenix soccer player said the goal of hitting $30,000 from the Kickstarter campaign was the breakeven point to get the shoes into production.
“It has required an investment of well into the six figures to get to this point with our fabric production and the legal costs of patent filing,” Brown said.
The shoes are made from mid-micron New Zealand sheep’s wool, utilising a patent pending process comprising of knitting together wool fibres, melt-bond fibres, and multifilament yarn to form a unique knitted fabric. . .
Conservation Minister Dr Nick Smith today announced the Nature Heritage Fund has purchased of seven hectares of rare kahikatea forest on the Wairarapa Plains for $340,000.
“The giant trees that can be seen for miles on the Wairarapa Plains are now guaranteed for everyone to enjoy,” Dr Smith says.
“This area of forest known as Allen’s Bush is next to the 42-hectare Lowes Bush Scenic Reserve, which was purchased by the Fund in 2000. The latest purchase will see the nearby kahikatea forest also protected as a scenic reserve.
“Allen’s Bush is distinctive for the size of its trees, its maturity and ecological diversity. The forest is also home to a number of species uncommon elsewhere in the Wellington region, including a number of native birds, long-tailed bats, and koura and freshwater crayfish in the creeks and pools. . .
High commodity prices boost Synlait’s profit – Alan Williams:
Synlait Milk will have a much higher profit this year than it expected just a few months ago, and some of the credit goes to Fonterra.
Mostly it is a result of very high dairy commodity prices and Synlait’s mix of products.
However, Fonterra’s mix of products has led to a situation where Synlait and the other small competitors are having to pay less for their milk than they would otherwise.
They could pocket the difference as profits, NZX Agrifax dairy analyst Susan Kilsby said. . .
Milk powder exports, particularly to China, dominated the total goods exported for the year ended December 2013, Statistics New Zealand said today. This led to many new record highs, such as export values for the month, quarter, and year for the grouping milk powder, butter, and cheese.
“For 2013, the value of goods we exported rose by $2.0 billion – to reach $48.1 billion – and most of this increase was from milk powder,” industry and labour statistics manager Louise Holmes-Oliver said. “Almost half of our milk powder exports went to China.”
Goods exported to China in the year ended December 2013 were valued at $10.0 billion, of which $4.0 billion was milk powder. This is the highest-ever value of milk powder exported to China for any year. . .
Manawatu shows how rural banking works – Lucy Townend:
New Zealand is an agri-commerce powerhouse in the eyes of our Asia-Pacific neighbours, with Manawatu proving to be the best example.
An international delegation got the inside scoop on New Zealand’s agricultural sector this week, touring farms, banks and questioning industry experts in Palmerston North.
As part of a Massey University pilot programme, bank managers and policy makers from the Philippines, India and Bangladesh travelled to New Zealand for first-hand experience of financing in the farming sector.
The trip is part of a programme, led by Massey’s Centre for Professional and Continuing Education (Pace) and the Centre for Training and Research for Agricultural Banking (Centrab). Nearly 60 institutions are involved, including top central and commercial banks, as well as government departments, in more than 20 countries across the Asia-Pacific region. . .
New rules to help minimise livestock injury risk:
The Ministry for Primary Industries (MPI) is introducing new rules which will reduce animal welfare risks in the nation’s livestock – particularly in the dairy sector.
Hardware disease is the perforation of the stomach wall by sharp metal fragments. It is known to occur in animals fed with contaminated Palm Kernel Expeller (PKE) which is imported into New Zealand
PKE is an animal feed that is important to New Zealand farming. It is used to supplement feed especially during a drought.
The new rules will be issued by a notice under the Agricultural Compounds and Veterinary Medicine (ACVM) Act 1997. These will set the minimum requirements for screening PKE and outline record keeping and traceability requirements for all imported animal feeds, . .
As children head back to school, Rural Women NZ hopes 2014 will be the year when state-of-the-art signage will be approved for use on school buses to help remind passing motorists that ‘Either Way It’s 20K’.
Rural Women NZ national president, Wendy McGowan, says “The 20kmh speed limit in both directions must be one of the most flouted rules in the Road Code, often because drivers are simply unaware of the law, or don’t notice they’re passing a school bus until it’s too late.
During 2013 Rural Women NZ took part in an extensive trial in Ashburton, along with TERNZ Ltd and NZTA, to alert drivers that they’re about to pass a school bus and of the need to slow right down, called ‘Either Way it’s 20K’. . .