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New Zealand · New ZealandReading Time: 2 minutes Alliance Group is strengthening its balance sheet by increasing the amount deducted from those suppliers with insufficient shareholding and increasing the number of shares they must hold. Currently suppliers who do not have sufficient share capital to match the volume of stock they process have $1/livestock unit deducted. This will now increase to $4/livestock unit processed. In a notice to shareholders released on Frida…See the Story
Alliance turns to farmer-sharehoders to bolster finances
New Zealand · New ZealandReading Time: 3 minutes The price of wool is back in the headlines where it has been, intermittently, for the past 50 years. I can remember as a very young journalist covering an Electoral College meeting in the mid-1970s. For the more modern, the Electoral College was elected by farmers to appoint members to the then Meat and Wool Boards. It’s since been nuked and good riddance. The Wool Board has gone the same way; it wasn’t much use either. …See the Story
Spin a new wool yarn before it’s too late
New Zealand · New ZealandReading Time: 5 minutes City girl Nadia Lim admits that bringing three children up on a farm was more husband Carlos Bagrie’s dream than her own – but it’s working out just fine. Bagrie and Lim have been on the 485-hectare Crown Range, Royalburn Station for about five years. The work, stock, staff and headlines have escalated in that time. While Lim already had celebrity chef status, Bagrie, a Southlander, was an unknown quantity until the rele…See the Story
City girl Nadia Lim’s living her best farm life
New Zealand · New ZealandReading Time: 3 minutes Sharemilkers and contract milkers should have a conversation now with their farm owner to head off any potential disputes over low feed covers, Federated Farmers warns. National sharefarmer chair Sam Ebbett says extremely dry conditions in many parts of the country have left pasture cover levels low this autumn. That will make it very challenging to achieve the end-of-season covers agreed to in most sharemilking and co…See the Story
Warning to prevent low feed cover disputes
New Zealand · New ZealandReading Time: 3 minutes Farming sheep definitely has a future but it will require a substantial lift in prices and a recovery in crossbred wool return to be economically sustainable, say farmers and sector leaders. Those spoken to urge sheep farmers to stay positive and to plan for the long term, though exporters think it could be late this year or early next before lamb prices recover. Prospects for a significant turnaround in wool are less ob…See the Story
High stakes in the high country for sheep farming
Auckland, New Zealand · AucklandReading Time: 2 minutes Foresters are seething at the lack of understanding they claim exists in the Helen Clark Foundation report on the role their sector can play in New Zealand’s future growth opportunities in adding value to food and fibre products. Earlier this month the Pathways to Prosperity report was released by the foundation, an independent public policy think tank hosted by Auckland University of Technology. The report’s co-authors…See the Story
Forestry head takes chop at report
New Zealand · New ZealandReading Time: 2 minutes Fix crossbred wool, and the sheep industry will have taken a substantial step towards improved farmer viability, says Progressive Meats founder Craig Hickson. He is confident the sheep industry has a future but said it is currently a single-product animal, with wool returns barely covering harvesting costs. Acknowledging that low meat prices are hurting farmers, Hickson said the meat market is responding to the sharp pri…See the Story
Wool key to viable future for sheep
New Zealand · New ZealandReading Time: 3 minutes Matt Holden is unequivocal in his answer when asked if sheep farming has a future. “Bloody oath it has,” says the Hawke’s Bay farmer and ram breeder. As part owner of the Kelso sheep breeding business, Holden could be seen as having a vested interest, but he qualifies his enthusiasm by noting the low environmental footprint of sheep and the potential to use New Zealand’s attributes to add value to its sheepmeat and wool.…See the Story