Why Now Is the Time to Plan Farm Succession, Findex Says
OPINION: Succession and long-term planning are perennial topics because it is perpetually sidelined on busy farms.
DANNEVIRKE SHAREMILKERS Mark and Jaime Arnold were named the 2016 New Zealand Share Farmers of the Year. They took home $52,000 in cash and prizes at last night's national awards in Wellington.
The Arnolds are 50% sharemilking 500 cows for Mike and Sherynn Harold and Stuart and Sandra Cordell; their fifth season on the farm and a great relationship with the farm owners led the owners to partner them as they progressed from lower order to 50% sharemilking.
The Arnolds took a huge pay cut when they launched their dairy farming career eight years ago.
The former logging crew manager and teacher went on a single herd manager's salary when they stepped onto a dairy farm for the first time.
Share Farmer head judge and DairyNZ Senior Consulting Officer Abby Scott says the economic climate had meant the finalists had changed some of their management practices to ensure they better managed available resources.
"People were really focusing on growing grass and supplement within their farm boundary and making sure they utilised it. They were also more interested in profit per hectare rather than benchmarking milk production per cow. We also saw some really innovative ways in how people have reduced costs," Scott says.
"They were all very positive about the industry, about their business and their future equity growth. Their positivity rubbed off on you and was infectious. There's no doubt they're in the industry for the long haul."
Thomas Chatfield became the 2016 New Zealand Dairy Manager of the Year and Nicholas Bailey was announced the 2016 New Zealand Dairy Trainee of the Year.
Pāmu has released its FY26 Integrated Annual Report, reporting a Net Operating Profit of $113 million, more than double the $49 million recorded in FY25.
Meat Industry Association data, released alongside the Red Meat Sector conference in Wellington, shows export value climbing across the US, China, UK and Canada.
Applications are set to open for the 2027 Zanda McDonald Award, a trans-Tasman award recognised for identifying and fast-tracking talented young leaders in agriculture and agribusiness.
The Royal New Zealand College of General Practitioners (the College) and Hauora Taiwhenua Rural Health Network are calling for investment in a proposed new training pathway for rural GPs, warning that many rural practices are struggling to recruit while a large share of the existing workforce nears retirement.
Federated Farmers has called on Central Otago District Council (CODC) to drop or vote down a plan to truck sludge from Alexandra and Cromwell to farmland near Lauder, warning it would compound an "outrageous" situation created by a separate council's decision weeks earlier.
Synlait has swung to second-half profit as operations stabilise, but the dairy processor still posted a $75.4m annual loss.

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