Dairy price rise ‘green shoots’ – Dave Williams:
A third successive strong rise in dairy prices at auction has offered farmers the green shoots of a price recovery and set economists keying in more positive numbers into their calculators.
Fonterra’s GlobalDairyTrade auction price index jumped 16.5 percent to US$2568, with the company’s main commodity, whole milk powder, jumping 20.6 percent to US$2495.
It followed index rises of 14.8 percent and 10.9 percent but the BNZ warns it is off a very low base. . .
While the challenging times being faced by the dairy industry are largely outside farmers’ control, Dairy Women’s Network wants to remind farmers there are things they can do to empower themselves to minimise the negative impact on their businesses.
This includes having courageous conversations about the reality of their financial situations.
The Network is running free ‘Tracking the cash’ Dairy Modules throughout the country during October, November and December. . .
Banks are upping their forecast dairy payouts on the back of a possible revival of fortunes for New Zealand’s struggling dairy industry.
The average overall price in the the overnight Global Dairy Trade auction rose 16.5 percent to $US2,568 per tonne.
Whole milk powder jumped 20.6 percent to $US2,495.
ASB has increased its forecast payout for the season to $5 a kilo. . .
An industry group is appealing to the heads of Silver Fern Farms and the Alliance Group in a last-ditch attempt to stop foreign investment.
The farmer-led Meat Industry Excellence (MIE) group has been trying to reform the red meat industry by blending the country’s two largest meat processors.
But, yesterday, Silver Fern Farms announced that China’s largest meat processor, Shanghai Maling, would inject $261 million into a new joint partnership.
MIE chairman and Southland sheep farmer Peter McDonald said farmers needed to shape their own future. . .
Primary Industries Minister Nathan Guy has announced changes to commercial fishing limits in two areas as part of the annual fisheries sustainability review.
Catch limits for some gurnard, stargazer and rig stocks in the South Island have been increased where robust scientific information shows there has been an increase in abundance. The allowances for both recreational and commercial fishers will be increased as part of these decisions.
Total Allowable Catch limits have been decreased for the New Zealand hoki stock and the oreo stock on the Chatham Rise.
“A cautious approach has been taken for hoki given the low recent hoki biomass estimate in the Sub-Antarctic. The Total Allowable Catch for HOK1 will reduce from 161,640 tonnes to 151,540 tonnes for the 2015/16 fishing year,” says Mr Guy. . .
The Coromandel Kauri Dieback Forum is seeking the help of Peninsula tourism operators and accommodation providers in protecting local kauri from the deadly kauri dieback disease, so the natural environment for which the Peninsula is famous for can be enjoyed by future generations.
The Forum is holding workshops specifically designed for the sector in Coromandel town at 2pm on Tuesday 22 September at Anchor Lodge and at 11am on Thursday 24 September at Ocean’s Resort in Whitianga. Everyone involved in a visitor-oriented business, from tourist attractions and activities through to accommodation providers of all types, is invited to attend the informal 1 ½ hour workshops, which will be run by Coromandel Adventures director Sarni Hart and Forum chairperson Vivienne Mclean. . .
Fish & Game has confirmed its strong opposition to commercial trout farming following revelations of a Bay of Plenty Regional Growth Study promoting, among other initiatives, the development of a commercial trout industry.
The study, which was undertaken to identify economic opportunities within the region, was commissioned by the Ministries of Business, Innovation and Employment (MBIE) and Primary Industries (MPI) in partnership with the Bay of Connections.
Trout farming has been identified as a ‘key priority for regional development’ after the launch of the study, and the formulation of an action plan endorsed at a workshop involving more than 120 regional leaders and stakeholders. . .
And a video on the Story of Milk from Friesland Campina.