Friday, April 26, 2024

My Daily Digest: May 31, 2021

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Water, water everywhere The images and stories emerging from Canterbury over the past 24 hours are simply astonishing.
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They’re a reminder of the power of nature and a testament to the bravery of the communities working to overcome such an inundation.

It’s been called a one in 100 year event but we’re almost getting to the point where we need to recalibrate our system of quantifying these weather events – they’re happening with increasing regularity.

For now, we can only hope that there’s no loss of life and that stock losses are minimal.

Then, as we always do, the industry will try and make sure there is the labour and resources to help those worst hit get through the weeks and months ahead.

We’ll weather this storm, too.

 

Bryan Gibson

 

Flood tests Canterbury farmers

Canterbury farmers fear a shortage of winter feed after flooding damaged crops and stored supplies following the weekend’s deluge.

 

 

Wild weather set to ease

Canterbury should get a reprieve from the weekend deluge with rainfall easing today and dry weather forecast for the rest of the week.

 

 

Zespri reports bumper season

Zespri has announced a record production and revenue season for 2020-21 in its financial results with fruit sales revenue surging to $3.58 million, up 14% on the previous year. 

 

 

Fonterra improves financial performance

Fonterra's record new season opening forecast of $7.25-$8.75/kg MS comes off the back of a strong balance sheet for the co-operative for its third quarter.

 

 

Credit recycling gets thumbs up

The Government’s plans to “recycle” carbon credits from the Emissions Trading Scheme (ETS) back into emissions-reducing programmes has been welcomed by academics and carbon trading experts as providing opportunities for the primary sector in coming years.

 

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