Friday, July 8, 2022

My Daily Digest: March 3, 2021

Long reign the dairy price surge The overnight Global Dairy Trade auction was nothing short of astonishing. A 15% rise in the index brings it to a seven-year high. The last time prices were this good Fonterra paid out $8-plus.

Analysts say several stars have aligned to boost prices. They include the high price of production in China, low production volumes in Europe and the end of the season approaching here.

Whatever the cause,  New Zealanders will welcome more offshore cash rolling into the country.

With lamb prices holding up and a bumper kiwifruit crop predicted things are looking good for food producers.

In these unsettling times you can’t ask for much more.

 

Bryan Gibson

 

Dairy prices on the up and up

The Global Dairy Trade index rose a whopping 15% at last night’s auction fueled by strong demand from China.

 

 

Pressure on Govt over winter grazing feedback

The Government is not saying when it will respond to suggested changes to its winter grazing rules, which were made in late December.

 

 

Venison market looks promising

Venison prices are looking to rise as marketers plan chilled season contracts.

 

 

Westland appoints new chief executive

Westland Dairy Company’s new chief executive Richard Wyeth says he is excited about the opportunities that lie ahead for the West Coast dairy processor.

 

 

T&G apple sales the envy of others

Apples were rosy for T&G Global in 2020 when operating profit for that company division rose by 56% to $52 million and revenue was up 24% to $875m.

 

 

 

Tonight on Sarah’s Country

 

Change Maker Wednesday: Connected farms, goat milking and growers leading change

 

Guests include:

 

Lasers in vineyards? Viticultura owner Timbo Deaker shares his nifty idea to keep the pesky birds away. 

A rare investment opportunity has seen dairy farmer Charlie Adair expand from milking cows to goats. 

New Zealand’s rural broadband market is likely to ramp up. Connected Farms chief executive Tom Andrews explains how his technology works.

Industry growers are about to get underway with their first arable growth groups. Coordinator for the FAR MPI-funded project Erica Callaghan shares how to get involved.

Total
0
Shares
More articles on this topic