Groser has big concerns about dairy in TPP

Groser has big concerns about dairy in TPP

[28 October/ New Zealand Herald] Trade Minister, Tim Groser, has expressed concern that New Zealand’s market access for dairy products under the Trans Pacific Partnership (TPP) could be determined by private talks between Japan and the USA, leaving New Zealand with an unsatisfactory outcome. Mr Groser told the NZ Herald...
Nearly 1000 herds affected by parasite

Nearly 1000 herds affected by parasite

[28 October/ Radio NZ Rural] Recent figures from the Ministry for Primary Industries suggest that 970 dairy and beef farms have been affected by the blood borne parasite, theileria ikeda, with the number of farms impacted in North Island increasing by 12% in the last month. MPI suggest around 29...
Silver Fern Farms back in black; CEO stands down

Silver Fern Farms back in black; CEO stands down

[28 October/ National Business Review] Silver Fern Farms has indicated it expects its audited year end results to show a pre-tax profit of between $5 and 7 million for the year to 30 September compared with a loss of $28.6 million last year. The profit will be the first reported...
Cavalier and NZ Wool Services to merge wool scouring business

Cavalier and NZ Wool Services to merge wool scouring business

[21 October/ National Business Review] Cavalier Wool Holdings and New Zealand Wool Services International will merge their two wool scouring operations, with 55 percent of the scouring business being owned by the owners of Cavalier Wool Holdings (NZX listed Cavalier Corporation, private equity firm Direct Capital and the Accident Compensation...
KPMG’s Agribusiness Agenda 2014 Volume 1 – Facilitating Growth in an Uncertain World

KPMG’s Agribusiness Agenda 2014 Volume 1 – Facilitating Growth in an Uncertain World

This year we bring you a fresh new format that distils the thoughts and ideas of our nation’s agribusiness leaders from a series of roundtables across the country.
Latest entries

Quad message starting to get through

[22 October/ Rural News Group] Despite the increase in quad bike crash deaths, WorkSafe New Zealand national programmes manager, Francois Barton said it is seeing some positive signs related to quad use by farmers, with an increase in the sale and use of helmets and strong engagement with the quad safety action group. The Council...

Chiquita looks to Brazilian Suitor

[27 October/ Wall Street Journal Asia] Chiquita Brands International has dropped its planned merge with Fyffes following the rejection of the proposal by Chiquita shareholders. The proposed merger would have created the world’s largest banana seller. Following the shareholder vote, the board announced that the company expects to enter into discussions with Brazilian consortium, Cutrale-Safra,...

US halal food supplier indicted over beef exports

[25 October/ New Zealand Herald] Bill Aossey Jr, the founder of a range of halal food products for observant Muslims, has been charged with shipping beef to Malaysia and Indonesia that failed to meet the import requirements of those countries. Mr Aossey has been charged with conspiring to change labels and fabricate documents to make...

Brazilian companies raise Chiquita offer to $681M

[24 October/ NZ Herald] The day before Chiquita shareholders are expected to vote on a merger with Irish fruit importer Fyffes, Brazilian Cutrale and Safra groups stated that they are raising their bid for the banana producer to USD 681 million, resulting in an increase from USD 14.00 per share to $14.50 per share. On...

Ireland faces €80m fine in milk quota excess remains

[23 October/ The Irish Times] If the current level of milk supply is not curtailed, Ireland could face a record fine of EUR 80 million for exceeding its milk quota this year, with the Department of Agriculture suggesting that the milk supply is currently 6.9 percent over quota. Teagasc senior research officer, Laurence Shalloo said...

Women own just 12% of farms, conference hears; Women not favoured by farm inheritance, most entering farming by ‘marrying land’

[23 October/ The Irish Times] NUI Galway School of Political Science and Sociology’s Tanya Watson said that farming has the highest property ownership imbalance, with 90 percent of all farmland in Ireland being owned by males. Queen’s University Belfast professor, Sally Shortland said that women’s entry into farming was still mainly through marriage. In comparison...

Nestle inaugurates first dairy farming institute in China

[22 October/ China Daily] Dairy giant, Nestle opened its world’s first Dairy Farming Institute in Shuangcheng, Heilongjiang province on October 15, as part of Nestle’s long-term effort to share technical knowledge to improve dairy farming around the world through training, responsible practices and partnering with stakeholders. The institute is aiming to help modernise Chinese dairy...

Joyce outlines plan to help farmers

[21 October/ The Sydney Morning Herald] Australian Agriculture Minister, Barnaby Joyce, said that the Government wanted to help farmers get better returns on their products than the 10 to 15 percent of the final price they are currently earning. Mr Joyce said that the Government was considering more stringent regulations to protect farmers against supermarkets,...

Dairy compliance not good enough

[27 October/ NZ Farmers Weekly] A Federated Farmers official in Otago are very disappointed by the results of the recent farm inspections performed by the Otago Regional Council as most farmers are working hard to lift their game in relation to the environment. Recent inspections found a number of examples of ponding and effluent run...

LIC appoints new director

[23 October/ NZ Farmer] Livestock Improvement Corporation has appointed the current director and chairwoman of the audit and risk committees of Z Energy, BNZ Life Insurance and the New Zealand Local Government Funding Agency and director of Transpower New Zealand, Abigail Foote as an independent director to its board to replacing Jason Dale, with the...

Fieldays thinks big

[24 October/ Business Day] Fieldays has requested the Government give the event status under the Major Events Management Act, which offers strong brand and ticket scalping protection. Fieldays CEO, Jon Calder said that the status has never been granted to a recurring annual event, but the status may offer easier access to the Government funds,...

Greenlea expands and ups kill

[27 October/ NZ Farmers Weekly] Family owned, Waikato meat company, Greenlea Premier Meats, has completed a major $10 million upgrade of its Morrinsville plant and CEO, Tony Egan, said the company would soon begin an upgrade of its Hamilton site, which will include new staff facilities and offices and expanding processing space for value add...

Big beef prices no flash in pan, says industry boss

[23 October/ NZ Herald] According to Beef + Lamb New Zealand, the beef and veal export season recently finished was the second largest season in history at 383,000 tonnes, with total beef and veal returns up 8.4 percent to $2.29 billion and average value up 2.1 percent to $6,000 per tonne. Beef + Lamb New...

US beef buyers court New Zealand suppliers

[22 October/ Rural News Group] United States wholesale style retailer, Costco representatives visited New Zealand earlier in October aiming to establish closer links with beef suppliers, with Assistant General Manager Merchandise, Bob Huskey, saying that given the company’s growth, it needed to secure supply from New Zealand. Mr Huskey said that the company wanted to...

Farm manager moves into finance

[27 October/ NZ Farmers Weekly] Farm Investment Company, MyFarm, together with its German partner, Aquila Capital, have launched the NZ Dairy Farming Trust which is intended to provide dairy farmers with an alternative to bringing equity partners into their business. The trust, which hopes to raise $100 million from domestic and international high net worth...

Fonterra plans milk-powder boost

[24 October/ NZ Herald] Fonterra Co-operative Group said that it anticipates the construction of two new milk powder drivers at its Studholme site in South Canterbury within the next five to 10 years, with the consultation process having already commenced. The investment is expected to increase milk processing by approximately 9 million litres and staffing...

Social licence vital for aquaculture

[23 October/ Business Day: NZ Farmer] The New Zealand Aquaculture Conference addressed how the industry can feed the future by securing water space, strengthening its social licence to operate, protecting and enhancing productivity and growing market value. A visiting expert told the conference that the aquaculture industry needs to earn its ‘social licence’ as it...

Government seizes Korean trawler

[23 October/ Business Day] The South Korean one time charter vessel, Melilla 201 has been seized by the New Zealand Government after its officers were convicted of illegal fishing practices, including dumping fish at sea. The 70 metre trawler, which is considered to be in a poor state of repair, was valued at $1 million...

Study will decide Wairarapa water site

[25 October/ Business Day: NZ Farmer] Greater Wellington Regional Council is preparing to move into the feasibility stage of the Wairarapa Water Use Project. Currently pre-feasibility analyse of five potential sites for the dam are being performed, funded by the Council and Government’s Irrigation Acceleration Fund, with the intention of selecting the two preferred locations...

Wool farmers to buy yarn mill

[24 October/ NZ Farmer] A recently established company, NZ Yarn, has entered an unconditional agreement to acquire the work in progress and working capital of the Christchurch Yarns NZ from its receivers. It is understood that the company has approximately $5.5 million of capital and bank debt for the purchase. Elders Primary Wool has secured...

Growing forestry firm branches out

[22 October/ Business Day: NZ Farmer] Forestry Management and Investment company, IFS Growth has chosen Upper Hutt as its North Island base, with board chairman, Vincent Pooch saying that it anticipated the creation of a sustainable and long-term business in the area. Upper Hutt mayor, Wayne Guppy gave his support for the venture. Former Upper...

Groups accused of vicious campaign

[24 October/ Radio New Zealand Rural] The Kiwifruit Claim group seeking to sue the Government for the 2010 Psa incursion said it has been subjected to a vicious campaign by Zespri and other groups aligned with it. Spokesperson, Matthew Hooton, said that Zespri directors and grower body Kiwifruit Growers Incorporated have been attempting to intimidate...

Guild Awards 2014

[18 October/ New Zealand Guild of Agricultural Journalists & Communicators] Radio New Zealand news reporter, Benedict Collins was awarded the top agricultural journalist award, the OPSPRI New Zealand Rongo Award by the New Zealand Guild of Agricultural Journalists and Communicators, with the runner up position being taken by Terry Brosnahan. The Dairy NZ Dairy Industry...

Landcorp pushing to diversify – says Chair

[21 October/ New Zealand Herald] Landcorp Farming chairwoman, Traci Houpapa, said that the company’s decision to take full control of Focus Genetics (New Zealand’s largest red meat genetics business) is an example of its wider strategy to diversify operations. While not on the acquisition trial, Ms Houpapa, said the company is looking to enter new...