Lower North Island farmers “cautiously optimistic” heading into winter – DairyNZ
Cautiously optimistic is how DairyNZ's regional manager for the lower North Island, Mark Laurence describes the mood of farmers in his patch.
A lift in meat and dairy manufacturing helped increase total manufacturing sales in the June 2016 quarter, Statistics New Zealand says.
After adjusting for seasonal effects, the volume of total manufacturing sales rose 2.8% in the June 2016 quarter, with meat and dairy product manufacturing volumes rising 8.6%.
"This quarter's large rise in meat and dairy manufacturing sales followed a sizeable fall in the March 2016 quarter," business indicators manager Tehseen Islam says.
"Despite some large movements in recent quarters, the sales volumes for meat and dairy have increased just slightly from where they were in early 2014," Islam says. "This contrasts with the sales values, which have dropped significantly since then, mainly due to falling dairy prices."
Dairy manufacturing prices were 33% lower in the June 2016 quarter than in the March 2014 quarter, while meat manufacturing prices were 4.2% higher.
The trend for the meat and dairy product manufacturing sales value (which includes price effects) has fallen 20% since a series high in the March 2014 quarter, while the volume trend has risen 3.2% over the same period.
Outside meat and dairy, the sales volume rose in most other manufacturing industries in the June 2016 quarter, with notable rises in industries supplying products to the construction sector. Petroleum and coal product manufacturing had the largest fall in the latest quarter, following large rises in the previous two quarters.
The sales volume for total manufacturing excluding meat and dairy was up 1.4% in the June 2016 quarter.
A Chinese business leader says Chinese investors are unfairly viewed as potential security risks in New Zealand.
In the first of two articles focusing on electrification in New Zealand, Leo Argent talks with Mike Casey, operator of the 100% electric-operated Electric Cherries orchard and founder of advocacy group Rewiring Aotearoa.
A Foundation for Arable Research initiative which took a closer look at the efficiency of a key piece of machinery for arable farmers - their combine harvesters - has been recognised at the Primary Industry NZ Awards.
Prime Minister Christopher Luxon has reiterated New Zealand’s ‘China And’ policy, adding that it wasn’t about choosing one market over another but creating more options for exporters.
A long running trade dispute between New Zealand and Canada over dairy access has been resolved.
New Zealand Police is urging rural property owners to remain vigilant and ensure their property is secure.
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