ANZ defends farm lending rates
The country's largest lender to the agriculture sector says it's not favouring home loans over farm and business lending.
A lot depends on what happens in the next few months. That's the view of Federated Farmers Otago president, Luke Kane.
He says a lot of the supplementary feed in the province has been used up but a few recent days of sunshine have offered some hope with feed utilisation improving.
"One this that's become apparent is that the arable guys have had a lot of rot in their crops. That has delayed planting for the next round, so that mean we may not see some of the effects of this for six months," he says.
Kane, a dairy farmer whose family has farmed in the region for over 100 years, says events like this are not uncommon, especially on the Taieri Plains, which is a flood scheme designed to take the pressure off the wider community.
He says the floodwaters are now starting to recede but remain on certain farms and may take time to disappear.
"Farmers in this area know they could be feeding out supplement for months because it will take time for them re-grass sodden paddocks," he says.
Kane says the problem for Otago farmers was the prolonged nature of the event which saw soil moisture levels rise and no sun to dry out the paddocks.
As a guest of the Italian Trade Association, Rural News Group Machinery Editor Mark Daniel took the opportunity to make an early November dash to Bologna to the 46th EIMA exhibition.
Livestock can be bred for lower methane emissions while also improving productivity at a rate greater than what the industry is currently achieving, research has shown.
OPINION: The New Zealand red meat sector, with support from the Government, has upped the ante to retain and expand its niche in the valuable Chinese market - and the signs are looking positive.
Keratin extracted from New Zealand wool could soon find its way into products used to minimise osteoporosis, promote gut health, and other anti-inflammatories, says Keraplast chief executive Howard Moore.
DairyNZ has seen a significant increase in the number of farmers improving their wintering practices, which results in a higher standard of animal care and environmental protection.
Every time people from overseas see photographs of cows up to their hocks in mud it's bad for New Zealand.
OPINION: NIWA has long weathered complaints about alleged stifling of competition in forecasting, and more recently, claims of lack of…
OPINION: Adding to calls to get banks to 'back off', NZ Agri Brokers director Andrew Laming has revealed that the…