Fresh produce grower and marketer T&G Global has reported a sharply reduced half year profit as labour shortages left fruit unpicked causing a fall in sales and rise in costs.
The company’s net profit for the six months ended June fell 64 percent to $3.4 million, as revenue dipped 3 percent to $652.1m.
Chief executive Gareth Edgecombe said Covid-19 remained a problem for the business causing uncertainty and volatility.
“Despite this, continuing international supply chain challenges, including disrupted shipping schedules, had more of an impact than we experienced proportionately last year. This affected our ability to get fresh produce to market on-time.” . .
Uncertainty over restrictive new buying practices and competition from the feed wheat industry has seen the nation’s arable growers cut back on sowing milling wheat – the wheat used for bread.
“It’s worrying that buying practices we believe may be anti-competitive, coming at a time when growers are able to receive better prices for animal feed wheat, may result in New Zealand becoming more reliant on imported milling wheat for a staple food,” Federated Farmers Arable Industry Chairperson Colin Hurst said.
Feds are keen to discuss the situation with the Commerce Commission and have also approached Commerce Minister David Clark. . .
Greenhouse gas emissions from dairy farming have increased to an all time high, according to Stats NZ.
But emissions from the dairy cows themselves have dropped year-on-year, according to Ministry for the Environment, which the industry says is the best measure to look at. It said statistics which show dairy farming emissions have increased capture too many irrelevant categories.
Stats NZ figures show dairy cattle farming emissions rose 3.18 percent (up 546.2 kt CO2-e to 17,719.4 kt CO2-e) between 2018 and 2019, the most recently reported year. This is the highest figure on record, dating back to at least 2007.
The Stats NZ figures count all emissions produced on dairy farms, regardless of what the emissions stem from. . .
Mike Chapman, until recently Chief Executive of Horticulture New Zealand, has won the Bledisloe Cup for significant services to horticulture for more than 20 years.
HortNZ President, Barry O’Neil, says Mike’s advocacy for the horticultural industry has been untiring, forceful, and balanced.
‘Mike always acts with the aim of achieving the best outcomes for growers and orchardists, and indeed, the New Zealand economy and health of its people through access to nutritious, locally grown food.
‘Mike has firmly stood for growers on key issues such as protecting elite soils, ensuring growers maintain their social license to grow and, hand in hand with that, ensuring growers remain economically viable in a fast-changing environment.’ . .
Several other people important to the New Zealand horticulture industry – in addition to Mike Chapman who was awarded the Bledisloe Cup for horticulture – received awards at the Horticulture Conference gala dinner on 5 August at Mystery Creek.
Emma and Jay Clarke of Woodhaven Gardens in the Horowhenua won the Environmental Award.
Woodhaven Gardens are leaders in sustainable growing, investing significantly in reducing environmental impact, adopting a science-led approach that balances conservation with commercial success. . .