Beef prices climb as supply contracts in key markets
With production volumes contracting in most major beef-producing regions, global cattle prices have continued to rise across recent months.
Rabobank is to open a second branch in Northland, at Dargaville. It has had a branch at Whangarei for 10 years.
Rabobank Northland branch manager Tessa Sutherland said the office is convenient and centrally located, allowing clients easy access.
“It has been a vision for some time and we are thrilled to be opening our new branch in Dargaville next week, starting off 2015 with a bang,” Sutherland says.
“The township is witnessing a new building taking shape and we are happy with the modern look and feel, as well as the state-of-the-art facilities our clients and staff will have.”
Sutherland, who has worked 11 years with Rabobank, previously managed the Whangarei branch. She will continue to operate from both branches, like other staff.
She claims the new branch firmly “cements” the commitment the bank is making to the region long-term.
“Our Northland team will continue to work together in both branches which will allow us to fully support our clients and to share knowledge of the overlapping agricultural areas.
“We will make the most of having the two offices to work from – it will be a flexible and welcoming arrangement.”
The new branch has room for eight staff.
“It’s a tricky time we are going into, regarding dairy prices, but we know the fundamentals are strong and we remain positive about dairy. Conversely, the sheep and beef sector is in excellent shape and prices are swinging in the right direction.
“We are here to help people through these agricultural cycles. That’s what we do.”
Acclaimed fruit grower Dean Astill never imagined he would have achieved so much in the years since being named the first Young Horticulturist of the Year, 20 years ago.
The Ashburton-based Carrfields Group continues to show commitment to future growth and in the agricultural sector with its latest investment, the recently acquired 'Spring Farm' adjacent to State Highway 1, Winslow, just south of Ashburton.
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.
A major feature of the Ashburton A&P Show, to be held on October 31 and November 1, will be the annual trans-Tasman Sheep Dog Trial test match, with the best heading dogs from both sides of the Tasman going head-to-head in two teams of four.
Fewer bobby calves are heading to the works this season, as more dairy farmers recognise the value of rearing calves for beef.
The key to a dairy system that generates high profit with a low emissions intensity is using low footprint feed, says Fonterra program manager on-farm excellence, Louise Cook.

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