Agri sector to lead economic recovery
OPINION: Over the past month, people up and down the country have been asking me what I think is in store for the Agri sector.
Strong leadership, good networks and being change-ready are the key ingredients to running resilient farming operations, says Westpac managing director of private wealth and insurance, Simon Power.
Power was speaking last week at the Westpac Farming Insights 2013 – Challenges, Opportunities and Resilience event, held at Vidals Winery in Hawke's Bay.
A 100-strong audience of sheep and beef farmers plus horticulturalists turned out to hear from the Associate Minister of Primary Affairs, Jo Goodhew, Beef + Lamb NZ chairman, Mike Petersen and Power.
"Most farming operations these days are sophisticated business enterprises that require strong vision, entrepreneurship and tenacity. They also require a major degree of resilience," says Power.
"Resilient farm operations look for ways to enhance competitive edge. This is a crucial factor in resilient business."
At the same event Power announced a new partnership Westpac has developed with Sir John Kirwan to host resilience-themed events for the rural community focusing on building personal resilience.
"The rural sector has faced many stresses over the past year, including the worst drought New Zealand has experienced in 70 years. Sir John Kirwan has done an incredible job of raising awareness about depression and the importance of building resilience and we know he has plenty of valuable insights to share with the rural community," says Power.
Westpac intends to hold two Rural Resilience events with Kirwan before the end of the year, and will look to hold more next year.
Dairy farmers are set to benefit from the radical sweeping changes the Government is planning to make to the regulations that form part of the Resource Management Act (RMA).
The reported surge in interest in dairy conversions should be put into the context of falling overall cow numbers and improving environmental performance, says DairyNZ.
New Zealand's top trade official has told dairy farmers that their sector faces the most trade barriers internationally.
Waikato sharemilker Matthew Zonderop had no inkling that one day he would become a matchmaker for cows.
The coveted post of Federated Farmers' national dairy chair will see a two-way contest at the Federated Farmers annual meeting later this month.
Research lending to the production of dairy products that benefit the elderly and improves the overall wellbeing of all people is a key focus of Fonterra's Research and Development centre, based in Palmerston North.
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