Friday, July 8, 2022

My Daily Digest: May 3, 2021

Steady machinery sales positive sign for sector Strong commodity prices are filtering through into big ticket purchases, according to the Tractor and Machinery Association.

There’s been good growth in machinery sales this year – a sure sign that many food producers are sure enough about their prospects to invest and upgrade.

Of course, deciding to buy a tractor and actually being able to get one is still an issue with supply chains still taking a beating because of the pandemic.

But it’s a great time for New Zealand manufacturers who have no such issues.

With covid-19 still swirling around the world, it’s great our primary sector is still seeing good returns for its food.

And with many economies, notably China, really starting to take off again, the prospects look good in the medium-term as well.

 

Bryan Gibson

 

Agricultural machinery demand continues

Demand for agricultural machinery and equipment has kicked 2021 off to a fantastic start, the Tractor and Machinery Association of New Zealand (TAMA) says.

 

 

Sector fears Govt module will confuse farmers

The release of a Government initiated online tool to help farmers manage intensive winter grazing may create confusion, a primary sector group fears.

 

 

NZ, China differences ‘need not define relationship’

The tension between New Zealand and China on human rights and other issues of principles “need not derail” relations between the two countries but “there can be no guarantees”, Prime Minister Jacinda Ardern says.

 

 

Dairy must maintain emissions reduction momentum

Climate Change Minister James Shaw has challenged dairy farmers to continue their progress towards creating a more sustainable future at the DairyNZ’s Farmers Forum in Hamilton.

 

 

Ravensdown appoints new chief executive

Garry Diack will replace Greg Campbell as chief executive of Ravensdown.

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