Risky business
OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.
OPINION: The Hound reckons the powers at Landcorp (or as they/them like to call themselves, Pāmu) are coming under the microscope with the new government in place.
The first signs have already come from State Owned Enterprises Minister Paul Goldsmith who has said that he is “not happy” with its performance.
Goldsmith’s comments follow the state farmer’s measly half year result in 2023 of $3 million – down from $15 million for the 2022 half year. The minister says he expects SOEs to operate as efficiently and profitably as similar businesses not owned by the Crown.
“I am not yet satisfied that Pāmu is achieving this and I expect it to take steps to improve.”
Goldsmith could start by clearing out all the woke political appointments made to Landcorp’s board by the previous administration and put in place some hard-nosed business types who demand results and not feelgood claptrap from the SOE!
Among the regular exhibitors at last month’s South Island Agricultural Field Days, the one that arguably takes the most intensive preparation every time is the PGG Wrightson Seeds site.
Two high producing Canterbury dairy farmers are moving to blended stockfeed supplements fed in-shed for a number of reasons, not the least of which is to boost protein levels, which they can’t achieve through pasture under the region’s nitrogen limit of 190kg/ha.
Buoyed by strong forecasts for milk prices and a renewed demand for dairy assets, the South Island rural real estate market has begun the year with positive momentum, according to Colliers.
The six young cattle breeders participating in the inaugural Holstein Friesian NZ young breeder development programme have completed their first event of the year.
New Zealand feed producers are being encouraged to boost staff training to maintain efficiency and product quality.
OPINION: The world is bracing for a trade war between the two biggest economies.