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A major problem that meat processors are facing is built up stocks of frozen lamb. Too much money was spent on lambs at the start of the season, and when overseas markets slid, processors were too slow in adjusting schedules.
iFarm has adjusted their beef price outlook upwards slightly again this month. This is driven by an increasingly bullish outlook for US imported beef prices.
It was a mixed market at the Feilding store cattle sale today. Prices were iffy for the older, short term steers with the strong dollar
weighing on buyers’ minds and a lack of quality not helping the cause.
Wool prices were firmer overall at this week's South Island wool sale. NZ Wool Services International Coarse Crossbred market indicator was up 4c to $3.62/kg.
A DAIRYNZ scheme which helps farmers connect to share knowledge on a one-to-one basis is now being extended to other regions after a successful launch in the Waikato over the last 10 months.
DAIRYNZ IS encouraging farmers to improve their financial management skills especially given the current volatility of the global economic environment.
CONVERTING A beef property to a robotic dairy while operating a diversified farming business down the road has made life hectic for young Tasmanians Marcus and Zed Crowden.
HAWKE’S BAY dairy farmers Nick and Nicky Dawson are proud to stand up for their industry. The Patoka couple, who farm in an equity partnership on two farms northwest of Napier, were winners of the LIC Dairy Farm Award in this year’s East Coast Ballance Farm Environment Awards.
NGATI REREAHU has in the eyes of some thrown a last-minute spanner in the works of the never-ending Crafar farm sales saga. They are seeking leave to appeal the Appeal Court’s decision that allows the farms to be sold to Shanghai Pengxin.
AUSTRALIAN DAIRY processor Warrnambool Cheese and Butter (WCB) ended the 2012 financial year 17.8% down on the previous year with a net operating profit after tax of $A15.2 million. But the result – $A3.3million less than 2011 – was stronger than the 20-30% reduction forecast in June.
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DUTCH DAIRY co-op FrieslandCampina is uncertain about its 2012 full-year result despite improving half-year returns. In its half-year results last month the co-op declines to make concrete statements; the economic outlook remains too uncertain, it says.
FEDERATED FARMERS has slammed the Environment Court for the changes it’s made to Horizons Regional Council’s controversial One Plan. It warns dairy farmers could be forced off their land by some of the new rules.
A2 CORPORATION pays a premium for its A2 milk of 8-10% above the farmgate price of standard milk, says managing director Geoff Babidge.
NEW ZEALAND infant formula exports to China face growing scrutiny.
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