Silver Fern Farms face $3 million bill after 100 job cuts

Silver Fern Farms face $3 million bill after 100 job cuts

[15 December/ NZ Herald] Silver Fern Farms faces a bill of up to $3 million after an Employment Relations Authority ruling, when Silver Fern Farms made over 100 Dunedin seasonal meat workers redundant. The New Zealand Meat Workers Union argued that Silver Fern Farms had acted in a reprehensible manner,...
NZ dairy outlook still sound, says Rabobank

NZ dairy outlook still sound, says Rabobank

[11 December/ NZ Herald] Rural lending specialist, Rabobank said that despite New Zealand dairy farmers facing significant challenges in the next 12 to 18 months, the medium to long term outlook remains positive, with Rabobank New Zealand CEO, Ben Russell saying that it anticipates a price recovery to commence during...
Asia just ‘can’t get enough of our mussels’

Asia just ‘can’t get enough of our mussels’

[12 December/ NZ Farmer] Aquaculture New Zealand CEO, Gary Hooper, while highlighting the demand for New Zealand mussels in Asia said mussel exports to the industry’s second largest market, Thailand, had increased by 450 percent in the past five years. He also highlighted the potential for export growth in China,...
Winery savours Rob Fyfe’s vision

Winery savours Rob Fyfe’s vision

[15 December/ NZ Herald] Former Air New Zealand boss, Icebreaker CEO and Michael Hill International board member, Rob Fyfe, has taken up the role of strategic advisor to the winery, Craggy Range. He said Craggy Range had huge potential in the international market, with the biggest challenge being to build...
Turners & Growers to buy tomato firms for $26m

Turners & Growers to buy tomato firms for $26m

[11 December/ NZ Farmer] Turners & Growers has acquired two tomato growing businesses (Great Lake Tomatoes in Reporoa producing approximately 3,000 tonnes of tomatoes per annum and Rianto in Ohaupo producing approximately 1,600 tonnes of tomatoes per annum) for a total price of almost $26 million, but due to the...
KPMG Agribusiness Agenda Vol 2 – Exploring our Global Future

KPMG Agribusiness Agenda Vol 2 – Exploring our Global Future

This volume focuses on 14 global mega-trends that are driving the future development of society and considers how these impact food production around the world. The insights and recommendations as to how New Zealand’s companies can respond are relevant, not just to the primary industry sector but across the board....
Latest entries

More primary sector jobs will be in cities

[12 December/ Radio New Zealand Rural] The Ministry for Primary Industries forecasts most of the growth in the primary sector jobs will be in support services, rather than on farms or in plants. Business New Zealand CEO, Phil O’Reilly, said that growth is in areas such as engineering, ICT and support services, allowing work to...

Campbell named to head AbacusBio from next April

[10 December/ Otago Daily Times] AbacusBio has appointed the winner of the 2012 Westpac Otago Chamber of Commerce business award, Anna Campbell, as its managing director, replacing Neville Jopson. Dr Campbell has a science degree from the University of Otago and a PhD in cereal biotechnology from Lincoln University and Crop and Food Research. She...

ANZ remains sole moratorium bank

[13 December/ The Australian] Given the drought affecting parts of New South Wales and Queensland, on December 10, Agricultural Minister, Barnaby Joyce, provided an ultimatum to major banks to stop evicting farmers off the land or risk Government intervention. ANZ Bank is the only agribusiness lender to pledge that financially stressed farmers in drought affected...

Boeing to trial tobacco biofuel

[10 December/ NZ Herald] Boeing and South African Airways stated that farmers are to soon harvest their first crop of tobacco plants that are to be used in the production of biofuel. The project is supported by partners SkyNRG and Sunchem SA. Project Solaris is focused on developing an aviation biofuel supply chain from tobacco...

Council choppers to get the chop

[12 December/ NZ Farmer] The Waikato Regional Council is to stop helicopter inspections of dairy farms and replace it with pre-announced personal visits to farms. The decision is yet to be ratified after addressing key issues such as the extra burden on taxpayers from the move, and the potential for larger players to alleviate this...

Wills joins QEII trust

[10 December/ Rural News Group] Former Federated Farmers president, Bruce Wills, has been appointed as a director to the Queen Elizabeth II National Trust board for a term of three years, commencing in November 2014. Mr Wills said he is looking forward to being involved in the Trust’s governance and promoting its work with landowners...

Otago Venison taken over

[10 December/ Otago Daily Times] Venison export, processing and marketing company, Duncan and Co, has moved to obtain full ownership of Otago Venison. Duncan and Co CEO, Andrew Duncan, expressed his confidence in New Zealand venison and the deer industry. He said with increasing demand and decline in supply, the focus for the business will...

Lindsay fails in fifth-term director bid

[13 December/ Otago Daily Times] Alliance Group shareholders have removed long-standing director, John Lindsay from its board and appointed Avondale sheep and beef farmer, Russell Drummond. Incumbent director, Dawn Sangster topped the farmer-director election, while Wanaka vet and farmer, Mandy Bell was unsuccessful. Along with the results that were announced at the annual meeting in...

Fonterra gets Commerce Commission tick

[15 December/ NZ Farmer] The Commerce Commission’s annual report on the extent to which the Fonterra Co-operative Group’s milk price manual promotes the setting of a base milk price that provides incentives for the Co-operative to operate efficiently and provide contestability in the market, has found that Fonterra has been ‘largely consistent’ with the purpose...

Warning about milk payout

[12 December/ Otago Daily Times] Analysts have warned that in order to achieve the Fonterra Co-operative Group’s $4.70 farmgate milk price payout, global milk prices must increase by more than 40 percent from the current USD 2,200 per tonne of whole milk powder during the rest of the year. Fonterra has predicted its dividend to...

Fonterra thirsts for milk

[12 December/ NZ Herald] The Fonterra Co-operative Group has formed a wholly owned subsidiary, mymilk, in order to take in more milk from the high growth provinces of Southland, Otago and Canterbury without the need for suppliers to buy shares in the co-operative. The Co-operative will also look at establishing the same process in the...

Sanford voyages from frozen to fresh

[14 December/ NZ Farmer] Sanford’s CEO, Volker Kuntzsch said that the highest level of adding value to fish is not to do anything to the product and deliver it fresh, and mentioned that live fish sold to Chinese restaurants have been worth 50 to 70 percent more. Despite not being able to export fish live,...

Court backs green groups, overturns Ruataniwha ‘factual fiction’

[12 December/ The National Business Review] The High Court has ordered the Hawke’s Bay’s Ruataniwha Water Storage Scheme back to the drawing board on the out-clause that allowed 615 larger farms to avoid the water quality rule requiring dissolved inorganic nitrogen in the Tukituki River downstream from the proposed Ruataniwha dam to be less than...

Water accord making some progress

[11 December/ Radio New Zealand Rural] The voluntary water accord, the Sustainable Dairying Water Accord introduced in 2013 to improve water quality is making progress on reaching some of its environmental targets while it is lagging behind on others. The accord is led by Dairy New Zealand, the Dairy Companies Association of New Zealand and...

Food grows where water flows

[10 December/ Rural News Group] Irrigation New Zealand CEO, Andrew Curtis told a breakfast meeting in Wellington that highlighting New Zealand’s irrigation practice to urban audiences and addressing myths is vital to getting greater acceptance of water storage and irrigation in New Zealand. The minister for Primary Industries, Nathan Guy, highlighted the importance of irrigation...

Growers hoping for a berry Christmas

[12 December/ NZ Farmer] Despite the cold weather having delayed the berry season, workers are picking boysenberries, raspberries and strawberries in the Waimea Plains, near Nelson. McShane’s Rd Tasman Bay Berries’ Glen Holland said this season was looking promising and he hoped for mainly dry weather. This year the Hollands’ are trialling black raspberries that...

Farm confidence picking up: survey

[5 December/ Radio New Zealand Rural] Rabobank’s quarterly Rural Confidence Survey indicates a rise in optimism among the sheep and beef sector, while dairy farmers were the most pessimistic. Rabobank New Zealand CEO, Ben Russell said that according to the survey, 75 percent of sheep and beef farmers are expecting an improvement in the performance...

Watchdog told to stand up to big business

[5 December/ Business Day: NZ Farmer] ANZ reached an $18.5 million settlement on December 3 with the Commerce Commission and the Financial Markets Authority over the sale of complex swap loans to farmers between 2005 and 2009. The average payout to farmers of approximately $100,000 each is short of the losses suffered by some farmers....

Farmers face water restrictions as El Nino develops

[3 December/ NZ Herald] According to the National Institute of Water and Atmospheric Research, an El Nino weather pattern that lead to dry conditions on the East Coast of the North and South Islands may be imminent. Officials have restricted water flow from the Opuha dam in South Canterbury that irrigates 16,000 hectares of land,...

TPP could boost NZ exports by $1b, says US

[8 December/ NZ Herald] A United States Department of Agriculture report, Agriculture in the Trans-Pacific Partnership estimate indicates that a Trans-Pacific Partnership agreement could lift New Zealand’s agricultural exports by up to 13 percent by 2025, on top of the 14 percent growth in exports to Trans-Pacific Partnership countries in isolation of the Trans-Pacific Partnership....

Primary industry education – not there yet

[5 December/ Rural News Group] A recent Ministry of Education report, Ministry of Education Profile and Trends: New Zealand’s Tertiary Education Sector 2013 report shows that only 1.1 percent of New Zealand University students are studying an agricultural based discipline, reflecting an ongoing concern of the lack of skilled graduates entering primary sector industries. Minister...

alue of Pacific fishing watchdog questioned

V [6 December/ Agence France Presse] Small Pacific Island states and the larger players which fish in the Pacific waters were unable to reach agreement on tuna conservation measures during a week of discussions at the Western and Central Pacific Fisheries Commission annual conference. A group of island nations, including Samoa and Palau are calling on...

Scientists accused of plotting to get pesticides banned

[4 December/ The Times] Research condemning pesticides for the decline in honey bees has been called into question by a leaked private note which records a discussion in 2010 between four scientists about how to persuade regulators to ban neonicotinoid pesticides. The European Union placed a temporary ban in 2013 based on risks identified by...

Pig-Crate Bill draws veto from Christie

[29 November/ The Wall Street Journal] Florida Governor Chris Christie vetoed legislation that would have banned the practice of confining pregnant pigs in crates, saying that lawmakers passed the Bill in response to misguided partisans and special interest groups. Animal rights activists have collected thousands of signatures and gained support of celebrities for the Bill,...