Two new Irish machines set for Fieldays debut
Released in Europe in 2024 and having just arrived in time for National Fieldays, Giltrap Agrizone will be exhibiting two new machines from Irish manufacturer Malone Farm Machinery.
While tractor deliveries for the year-to-date April 2023 showing a 28% reduction compared to the same period in 2022 seems dramatic, a closer look provides a clearer picture into the market dynamics.
For the same period in 2022, tractor deliveries were greatly inflated from the combined effects of manufacturing delays and global supply chain constraints. That means a large numbers of tractors were delivered 3 to 6 months later than originally intended.
Geographically, the North and South Islands have seen a marked difference in deliveries. The North has been affected by an extremely unsettled summer and the effects of Cyclone Gabrielle, resulting in a reduction of 32% in tractor deliveries. It has also seen the typically higher volumes of orchard and horticulture tractors included in the yearly numbers severely constrained.
In the South, the overall reduction in deliveries has tracked to a more modest 18%. Most southern regions have experienced favourable summer weather patterns, delivering good crop growth and yields.
Overall, most ag dealerships are currently reporting strong demand for spring deliveries of tractors and equipment. This means that despite the year-to-date reduction, the market is tracking above average and the overall result for the year is still looking favourable.
TAMA president Kyle Baxter reports that imports of ag equipment are still sitting at 8 to 12 months lead times. He says many member companies are planning beyond 2023 and striving to confirm production slots, for arrivals to NZ landing in early-mid 2024, whichever way the market trends.
“I’m seeing and hearing first-hand that the flow of equipment into New Zealand has increased, which in turns provides customers with product from dealer stock,” Baxter explains. “This offers a welcome relief for customers who are requiring new equipment to go to work straight away.”
Australian dairy farmers supplying Fonterra are getting an opening weighted average milk price of A$8.60/kgMS for the new season or around NZ$9.26/kgMS - NZ74c less than New Zealand suppliers, based on the current exchange rate.
Taranaki veterinarian Dr Rob Mills is the new president of New Zealand Veterinary Association (NZVA).
Input costs can make or break a season for farmers and electricity is one of the largest expenses.
Zespri says global sales for the 2024-25 season topped $5 billion on the back of strong demand and market returns.
Massey University is returning to the Fieldays with a future-focused, solution-driven theme, showcasing research that delivers practical advancements in agricultural efficiency, sustainability and longevity.
Newly appointed National Fieldays chief executive Richard Lindroos says his team is ready, excited and looking forward to delivering the four-day event next month.
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