Ruataniwha Dam: Resource consents approved

Ruataniwha Dam: Resource consents approved

[15 April/ Hawkes Bay Today] A board of inquiry has approved the 17 resource consent applications to enable the construction of the Ruataniwha Dam and water storage scheme in the Hawkes Bay to proceed although these have only been granted subject to conditions. The project which has been driven by...
Alliance appoints Stoddart to board

Alliance appoints Stoddart to board

[9 April/ Otago Daily Times] Vanessa Stoddart, who has held various senior management positions with high profile companies such as Air New Zealand and Carter Hold Harvey, has been appointed to join the current independent directors Graeme Milne and John Waller as the Alliance Group’s third independent director. Ms Stoddart...
Scion to build forestry centre

Scion to build forestry centre

[9 April/ Radio New Zealand Rural] The Crown research institute, Scion has secured $2.5 million to build a dedicated centre, by successfully binding for funding from the Bay of Plenty Regional Council’s inaugural regional infrastructure fund. The Council will have a 35% stake in the centre, and Scion CEO, Warren...
Volume 4 of KPMG’s Agribusiness Agenda 2013 – Balancing the needs of the environment, communities and businesses

Volume 4 of KPMG’s Agribusiness Agenda 2013 – Balancing the needs of the environment, communities and businesses

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

Korea shows renewed interest in deal with New Zealand

[14 April/ NZ Farmers Weekly] In 2013, South Korea expressed the intention to complete negotiations on a free trade agreement with New Zealand, Australia and Canada, as well as indicating an interest in joining the Trans-Pacific Partnership (TPP) talks. South Korea has concluded deals with Australia and Canada, but is yet to conclude a deal...

China’s belt-tightening ripples out

[12 April/ Otago Daily Times] The Chinese President Xi Jinping’s programme to cut down corruption and luxury spending is reported to have an impact on luxury item sales. New Zealand Winegrowers Association chairman Steve Green said that he had noticed a 20% national decline in sales to China, but expects this to change in the...

Saudi minister visits Massey university

[11 April/ Radio New Zealand Rural] Massey University hosted the Saudi Arabian Agricultural Minister, Fahd bin Abdul Rahman Balhunaim and 26 government officials as Saudi Arabia looks to secure its food supply from abroad. Massey University head of agriculture, Peter Kemp said that one of the Saudi Arabian strategies is to acquire farmland in other...

Kiwis spend more on food than most

[11 April/ The Dominion Post] New Zealand is reported to spend 14% of household income on food at home, in excess of many other developed countries. Australia and New Zealand only come behind Switzerland, Norway and Japan, countries that have the highest level of farm subsidies, support for food production and a high cost of...

Japan orders chicken cull after bird flue outbreak in south

[13 April/ Agence France-Presse] Japanese officials ordered the destruction of approximately 112,000 chicken in two properties run by the same owner after officials confirmed the H5 strain of the bird flu virus at a farm in Kumamoto prefecture, resulting in the first confirmed Japanese outbreak of bird flu in three years. The authorities also restrained...

Pork produce to raise $5.6bn

[11 April/ The Australian] The Chinese pork producer, WH Group (formally known as Shuanghui International Holdings), which acquired Smithfield Foods, is planning to raise USD5.3 billion from its Hong Kong IPO, the world’s biggest IPO in a year. The firm is selling 3.66 billion shares with an indicative price range of HKD8 to 11.25, valuing...

Greentree puts $200m farm on the block

[11 April/ The Australian] The Boolcarrol-Milton Downs outside Moree, NSW, one of Australia’s largest and most expensive farms with an asset value of AUD200 has been listed for sale, by the country’s single biggest grain farmer, Ron Greentree and partner Ken Harris, in light of the rise in wheat prices. Sale agent Ray White Rural’s...

World banana supply at risk as disease spreads

[10 April/ NZ Herald] According to the United Nations’ Food & Agriculture Organisation, the $8.9 billion global banana supply and trade is at risk from the soil-born fungus, TR4 strain of the Panama disease. An FAO agricultural officer, Fazil Dusunceli said that the fungus is fatal to the Cavendish banana, which consists of approximately 95%...

Hybrid maize seed market set to double in two years

[10 April/ The Economic Times] High yields and remunerative selling prices are encouraging farmers to move to hybrid maize cultivation from crops such as hybrid cotton that have hit near saturation, with the potential for India’s maize seed sector to double from 90,000 tonnes/year to more than 200,000 tonnes/year over the next two years. The...

What BioDiscovery (and other agricultural tech firms) will find in Davis, California

[15 April/ The National Business Review] Biotech firm BioConsortia has raised USD15 million in series B funding from Silicon Valley to focus on research and development of crop-selection technology, which was initially invented in New Zealand by its subsidiary BioDiscovery with the help of $5 million in taxpayer funding. According to National Business Review reporter,...

GM in NZ on farming leaders’ agenda

[14 April/ NZ Farmers Weekly] Federated Farmers vice-president, William Rolleston mentioned his views on genetically modified agriculture at a speech at the North Canterbury branch of Federated Farrmers’ AGM, saying that he did not want to be accused of keeping his views secret if he was to later become the Federated Farmers president. Dr Rolleston...

Turning water into wine

[13 April/ Business Day] A system developed by Christchurch based research company Scott Biotechnologies that uses a cyclonic filter to remove solids and cellulose fibres from wastewater, as well as oxygenating it, to make it reusable for irrigation is likely to be popular with winemakers as well as farmers. The cyclonic filers are manufactured in...

Manawatu River becoming cleaner

[14 April/ Radio New Zealand Rural] The Manawatu River Leaders Forum’s Independent chair Richard Thompson says that although it is in its very early stages, testing indicates that nutrient pollution in the Manawatu River is not getting worse, and that it is improving in some areas. He attributed the results to town waste water systems...

CPW irrigation funding complete

[10 April/ Business Day] Crown Irrigation Investments has agreed to the draft terms of a $6.5 million loan for Canterbury’s Central Plains Water Scheme, making it the first investment by Crown Irrigation, which was set up to help establish regional scale irrigation schemes targeted at accelerating economic development. The Government has indicated that it may...

Nufarm shifting to Australia, 59 jobs to go

[12 April/ NZ Herald] The agricultural chemicals manufacturer, Nufarm will shift its Auckland based production to the Laverton plant in Victoria, Australia, aiming for a cost saving from consolidation of AUD3 million per annum, resulting in the loss of 59 jobs. The total restructuring costs in Australia and New Zealand will amount to AUD50 million,...

Yarn firm workers knew nothing of closure

[12 April/ Business Day] With its receivership on April 11, Christchurch Yarns NZ Ltd director, Mark Abbot confirmed that its entire staff had been made redundant. The First Union general secretary, Robert Reid said that Christchurch representatives were surprised at the company failure. Mr Abbot blamed the inability to stay competitive on the rise of...

Rapid growth in direct to scour

[11 April/ Rural News Group] Wools of New Zealand said that the Direct-to-Scour spot market sales option volumes have reached approximately 350,000kgs, with annual volumes expected to reach between 3.5-4 million kg within its first year (approximately 8% of the market). Wools of New Zealand CEO, Ross Townshend told shareholder growers and supporters that the...

Ailing venison price tipped to rise

[11 April/ Business Day] Deer Industry New Zealand marketing services manager, Innes Moffat said that the venison schedule is at a season low of $6.20/kg for a 60kg stag (down 5%), but information suggests a price rise is due to a good level of demand for higher value and middle cuts from European orders for...

Beef and Lamb to work with MIE

[11 April/ Otago Daily Times] In March, farmers supported a remit from Meat Industry Excellence (MIE) seeking Beef + Lamb funding for the continuing the work towards industry reform. Beef + Lamb New Zealand chairman, James Parson said that it will work with the MIE as it develops a detailed project plan, which can achieve...

Threat to red meat exports

[10 April/ Radio New Zealand Rural] The Meat Industry Association chair, Bill Falconer said that beef exports will struggle to compete with Australian exports, in light of the Australia-Japan bilateral agreement, which will lower Japan’s current tariffs on Australian beef to half of the current 38.5% over approximately 18 years. Mr Falconer said that New...

Cows may be bred to produce low-fat milk

[15 April/ Business Day] LIC scientists engaged in the dairy farmer-owned co-operative’s DNA sequencing programme have discovered the gene, named AGPAT6, affecting the milk fat composition, which is present in all cows, opening up the possibility of breeding cows to produce low fat milk. The finding is one of a few cases worldwide where genes...

ASB predicts fall in dairy prices

[15 April/ Radio New Zealand Rural] Although Fonterra is forecasting a record payout this season of $8.65/kg of milk solids, ASB rural economist, Nathan Penny forecasted the payout to be at $8.50/kg. However he expects the milk supply to increase by 11%, offsetting the drop in the payout. ASB believes that on top of the...

Chinese dairy consumers ‘moving on’

[11 April 2014/ New Zealand Radio Rural] Fonterra’s Greater China and India president, Kelvin Wickham said that the market indicates that Chinese consumers have not been put off by the false botulism scare last year, with sales increases well ahead of a year ago. Trade Minster, Tim Groser said that the botulism scare affected some...

Fungicide resistance in wheat in a shock

[15 April/ Business Day] Foundation for Arable Research confirmed that Septoria tritici blotch, the principal disease affecting New Zealand wheat crops over the past four years had developed resistance to a strobilurins, a fungicide group, which had previously been the most effective at controlling the disease. Federated Farmers’ grain and seed section chairman for Mid...