Budget gets tick

Budget gets tick

[21 May/Farmers Weekly] The primary sector saw some gains in the Government’s first budget, with science, research and forestry being the biggest increases. Federated Farmers Vice President, Andrew Hoggard, said the $85 million allocated to Mycoplasma bovis may not be enough. National’s Agriculture Spokesman, Nathan Guy, said the amount allocated...
Stuff Decision Bad for Primary Industries

Stuff Decision Bad for Primary Industries

[18 May/NZ Guild of Agricultural Journalists & Communicators] Stuff recently decided to close its nationwide portfolio of farming publications. It was bad news for staff affected, the primary industries and the public according to President of the New Zealand Guild of Agricultural Journalists, Elaine Fisher. She said the closure affects...
Sheep and beef farmers aim to be carbon neutral by 2050

Sheep and beef farmers aim to be carbon neutral by 2050

[16 May/Stuff] Every sheep and beef farm will have a tailored environment plan by the end of 2021 and the industry is aiming to be carbon neutral by 2050 with the new Beef + Lamb NZ strategy. Its priority areas were healthy productive soils, thriving biodiversity, reducing carbon emissions and...
Largest boost to DOC since 2002 leaves Green Party smiling

Largest boost to DOC since 2002 leaves Green Party smiling

[17 May/Stuff] The Department of Conservation will receive a $181.6 million funding boost over four years. The funds will largely go towards predator control and biodiversity initiatives, and also maintaining parks and paths. $81.6 of the funding is for landscape-predator control which enables DOC to undertake sustained control over 1.8...
Horticulture industry scores another record breaking year

Horticulture industry scores another record breaking year

[16 May/Rural News] The New Zealand horticulture industry had a record breaking year in 2017 with exports reaching $5.12 billion. The industry value was up $100 million from last year at $8.8 billion. According to Plant and Food Research horticulture produce accounted for 10.3 percent of New Zealand’s export income....
Latest entries

Long term decision on cattle disease eradication planned in next seven days

[21 May/Stuff] Prime Minister Jacinda Ardern met with Waikato farming leaders and will decide within the next week which direction to take to stop the spread of Mycoplasma bovis. The disease has been found in 38 farms. The disease was a blow to Waikato farmers, and Ms Ardern wanted to hear firsthand from those impacted...

Government drops plan to restrict deep sea trawling, protect orange roughy

[22 May/Stuff] The Government has halted plans to put restrictions on deep sea trawling after the fishing industry threatened legal action. The plans were to protect the stocks of deep sea orange roughy and prevent the destruction of delicate seabed life like coral and sponges. The High Seas Fisheries lobby group wrote to the Government...

Comvita share price dives after sale falls through

[21 May/The Country] Comvita’s share price fell sharply after talks with a potential buyer fell through. Harbour Asset Management Portfolio Manager, Shane Solly, questioned if after two tough harvest periods, the company could keep up the rate of growth investors were used to. The company announced it was in talks with a third party, whilst...

Organic producers call for national standard

[20 May/Radio NZ] Organic producers, importers and consumers met with the Ministry for Primary Industries to discuss whether New Zealand needed a national standard for organic products. Of the 25 countries who trade organically, New Zealand and Australia are the only two that don’t have a national standard to ensure products are organic. The Wellington...

Slowdown ahead for forestry

[21 May/Otago Daily Times] New Zealand’s forestry sectors has had a strong few years with China purchasing as many logs as they could. Times however are expected to change according to Westpac Industry Economist, Paul Clark. He cautioned forestry participants that times were changing as Chinese building activity was expected to ease in the year...

Northland councils request more details from Tegel on massive chook farm

[21 May/The Country] More information has been requested from Tegel about its proposed broiler chicken farm in Northland. The request included information on evidence of job creation and the assessment of odour. Tegel wants to set up a chicken broiler farm at Arapohue which is just outside Dargaville. Only 17 out of nearly 5,000 submissions...

Swaps case comes at uncomfortable time for Kiwi banks

[21 May/NZ Herald] Controversy over how New Zealand lenders sold a complicated financial product to farms have resurfaced during a bad time for the reputation of the Australasian banking sector. It was revealed that former Dargaville farmer, Renie Gibson, is suing Westpac after she lost her farm during the financial crisis. The action remains live. ...

Economy set to gain from 7 per cent drop in NZ dollar in just a month in a month

[21 May/NZ Herald] The New Zealand export sector and general economy looks likely to benefit from the 7 percent fall in the New Zealand Dollar relative to the U.S. dollar. A weaker local currency stimulates export earnings. In the case of Fonterra, the substantially lower NZD would be supportive for farmgate milk prices. ANZ Senior...

Antifungal resistance could lead to ‘global food shortages’

[21 May/Food Navigator] An international team of scientists from the Imperial College London and the University of Exeter have warned that growing levels of resistance to antifungal treatments could result in disease outbreaks that hit global food security. Crop destroying fungi were thought to account for a loss of 20 percent of global crop yields...

Farm Bill’s Future Hinges on Fight Over Limits on Immigration

[19 May/Bloomberg] The USD867 billion farm bill has been rejected after a fight over immigration policy. Democrats opposed work requirements for beneficiaries of the Supplemental Nutrition Assistance Programme. The measure which is relied on by farmers and ranchers as it renews agriculture programs, including subsidies for farmers and government-backed crop insurers. The bill had already...

Can seaweed make waves in Europe’s food sector?

[18 May/Food Navigator] There is nutritional and environmental reasons for increasing consumption of aquatic plants, but generating consumer understanding is a significant hurdle. Edible seaweed manufacturers wanted to make seaweed an everyday food in Europe. Consumer demand for alternative and plant-based sources of protein was on the rise in Europe. The utilisation of seaweed as...

Bunge files for IPO of Brazilian sugar and ethanol mills

[17 May/Food Dive] Global agribusiness and food and ingredients company, Bunge Limited, has filed for a potential initial public offering of its eight Brazilian sugar and ethanol mills. According to Reuters, they had been trying to shed the facilities since 2013 without success. Its sugar and bioenergy unit in Brazil owns and operates the eight...

Herb-infused coconut milk Rebbl raises USD20 million from Cavu Venture Partners

[18 May/CNBC] Rebbl has announced that it raising USD20 million in funding led by Cavu Venture Partners. It expected its sales to grow at a rate of 70 percent by the end of the year. The drink uses super-herbs and adaptagens which have benefits including a decrease in stress hormones. It puts them in a...

‘True disruptor’ in vegan and paleo foods: Sonoma brands invests in Hu Chocolate

[16 May/Food Navigator] Sonama Brands, a private equity firm, invested an undisclosed amount into vegan and paleo chocolate maker Hu Products for its U.S. national expansion. It will be its second confectionary brand in its portfolio. According to Hu’s CEO, Rita Hudetz, it was created by Jason Karp in 2012 out of a veggie forward...

True blue botanicals: Why the appeal of spirulina and butterfly pea flowers is more than just colour

[16 May/Food Navigator] Blue Mermaid lattes and unicorn smoothie bowls were not only visually appealing, but also healthy. The spirulina and butterfly pea flower ingredients are seen as healthy. A tea made with dried flowers of the butterfly pea plant was a popular herbal drink in south-east Asia with a bright blue colour. Spirulina occurs...

Kraft Heinz adds egg-white chips, fermented foods to its growth menu

[15 May/Food Dive] Kraft Heinz recently announced the first five food startups that its new incubator arm, Springboard, would partner with. It said the program was created to help nurture the next generation of food and beverage products, with a focus on disruptive brands. The five firms selected were Ayoba-Yo meat snacks, Cleveland Kraut fermented...

Roast-Beef King Arby’s Is Betting Big on Lamb

[15 May/Bloomberg] Lamb is making a comeback in America, and Arby’s would soon start selling lamb year round. Fast growing Mediterranean-style eateries such as Zoe’s Kitchen were featuring lamb meatballs and chargrilled lamb on their menus. According to food researcher Datassential, younger diners were starting to show more adventurous tastes. Lamb is now on 20...

Good Eggs Raises USD50m as Benchmark Leads Round Impressed by ‘Operational Discipline’

[15 May/AgFunder News] Food distributor, Good Eggs, raised USD50 million in Series C funding in a round led by venture capital firm, Benchmark Capital. The successful round and company re-boot was largely attributed to the appointment of the new CEO, Bentley Hall. Mr Hall said positive changes over the last two years were a team...

US beef market poses threat to New Zealand returns this year – visiting expert

[18 May/Rabobank] It is likely there will be pressure on global beef trade and prices if the forced slaughter of U.S. cattle goes ahead according to Rabobank’s Senior Animal Protein Analyst, Don Close. He said the U.S. was both the dominant export destination for New Zealand beef as well as a competitor with New Zealand...

NZ First gets tax change for race horse investors through the gates

[17 May/Stuff] The Government’s first budget saw Winson Peters secure a tax change that means new investors in race horses would be $5 million better off over the next four years. A rule change meant new investors in the industry would be able to claim tax deductions for the cost of horses, even if they...

Funding boost for key farm management tool

[17 May/Rural News] A controversial farm management tool, Overseer, will get $5 million state funding for an upgrade according to the recent budget. Agriculture Minister, Damien O’Connor, said the Government and the primary sector would work together to boost the science behind the tool. Overseer is a tool that helps measure nutrient use and greenhouse...

A2 Milk shares down after announcement

[17 May/Rural Life] The A2 Milk Company’s shares fell 20 percent despite the announcement of a 70 percent increase in revenue for its nine months to March. Forsyth Barr Broker, Damian Foster, said the decline was due to some profit-taking. A2 Milk Chief Executive, Geoffrey Babidge, said the performance reflected sales growth in both nutritional...

Dairy prices reach highest level in months at auction

[16 May/Radio NZ] Dairy prices rose to their highest level in eight months at the latest Global Dairy Trade auction. Average dairy prices were up 1.9 percent to $5,301 per tonne. There was a 1 percent fall in the auction two weeks ago. The whole milk powder price was marginally higher than it previously was....

Hui on animal welfare

[15 May/Rural News] An all-day hui has been called to discuss priorities of the country’s animal welfare groups by the Associate Minister of Agriculture, Meka Whaitiri. The hui aimed to follow up on a promise not to ban rodeos. Ms Whaitiri said she wanted to hear the views and priorities of the country’s animal advocates...