Red meat sector battles on
It's a bloody tough year for sheep farmers, but the worst may be over, and the future looks optimistic.
The country's second largest milk processor says any negative impact of coronavirus should be short lived.
Open Country Dairy chief executive Steven Koekemoer has told milk suppliers that how long it takes to contain the virus is key.
“The latest general view is that any negative impact should be short lived,” he says.
“The fundamentals around supply/demand have not changed but the timing of containment of the virus will be key.”
OCD will review the situation this month but says at this stage it sees no reason to adjust the forecast payout. “If the outbreak is controlled in the short term, then we should see higher demand resume and pricing recover.”
OCD has strategically diversified its markets over the last few years to ensure exposure in China is limited.
“I am confident that in a general tightening global market, we will have no issues selling our product. No doubt pricing in the short term may be impacted, however, we are getting to the tail end of the season and will just need to ride it out,” Koekemoer said.
The Neogen World Angus Forum, a major event in global Angus beef industry, is set to return in 2025.
Whatever an animal is raised for, it deserves a good life — and just as importantly, a “good death”.
North Canterbury dairy farmer and recently-elected deputy chair of DairyNZ, Cameron Henderson, is enjoying a huge reduction in irrigation water use after converting a pivot irrigator to drag perforated drip tubes across the ground instead of elevated sprinkler heads.
OPINION: Without doubt, a priority of the Government this year will be to gain traction on the elusive free trade deal with India.
Rugby league legend Tawera Nikau is set to inspire, celebrate and entertain at the East Coast Farming Expo's very popular Property Broker's Evening Muster.
Fonterra has announced $15 million in investments in electrification projects across the North Island over the next 18 months.
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