Farmer confidence dips slightly, but positivity still dominates
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Dutch King Willem-Alexander congratulated winners in Rabobank’s FoodBytes! Competition in Sydney last week.
A New Zealand company Knewe Biosystems Ltd was among finalists who pitched their company to potential investors at the Rabobank Food 2 Fork Summit in Sydney last week.
Knewe Biosystems is developing an animal prebiotics product which it says meets critical mineral nutrition needs and also reduces the volume of waste to the environment, both because they cause animals to use their feed more efficiently.
The winner of the event was Australian company Sprout Kitchens which provides a platform for cafe’s and restaurants to rent out their unused kitchen space, outside of normal trading hours.
AgriWebb was the people’s choice winner. AgriWebb is a software company focused on “disrupting antiquated practices in livestock production”.
Their products “enable simplified on-farm, real-time data collection and apply analysis to improve management decision-making, enterprise efficiency, bench-marking and food security transparency, while integrating the farmer across horizontal and vertical supply chains”.
According to the latest Federated Farmers banking survey, farmers are more satisfied with their bank and less under pressure, however, the sector is well short of confidence levels seen last decade.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.

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