Agribusiness

Business banker rolls sleeves up

Southland Times photo

After 10 years away from Invercargill and with 32 years' banking experience, David Backhurst has returned to take the reins of SBS Bank's agribusiness and business banking arm.

Zespri saga continues

Zespri

With questions hanging over the fiscal transparency of Zespri's offshore subsidiaries, worse may be yet to come out of China for the single-desk statutory monopoly.

Row over cancelled feed

Drought

The president of Federated Farmers has been labelled "gutless and arrogant" after cancelling a shipment of feed to drought-stricken Hawke's Bay farmers (which is now back on) and claiming they should have been better organised.

Commission seeking information

Percentage sign

The Commerce Commission is seeking more information from farmers and others who entered into a financial derivative product known as interest rate swaps.

Cider tax push

cider

Cider Australia, a coalition of cider growers, producers and manufacturers, is resisting lobbying efforts in Canberra by the spirits industry to overhaul the way alcohol is taxed that would quadruple the tax on a glass of cider.

Tough trading prices in OZ

wheat

Australian analysts have described the grain trading room as a "bloodbath" over the Easter period, following a US Department of Agriculture (USDA) stocks and planting report that released a series of surprisingly bearish numbers.

Farm awards dinner

The 2013 Southland Ballance Farm Environment Awards dinner will be held at the Ascot Park Hotel in Invercargill on April 10.

Interest rate swap probe at early stage

cash

Farmers have been asked to provide more information about the sale of interest rate swaps to the rural sector.

Farmers told to keep banks in loop

piggy bank

Farmers are being urged to keep banks, accountants and farm advisers in the information loop as the hard season progresses.

Zespri China inquiry

Mike Chapman

Zespri's alleged links to the under-declaration of customs duties in China are to be investigated by industry body NZKGI.

MPI moves quick on fungus

Lincoln University

A genetically modified fungus with the impressive title Beauveria bassiana has caused a stir within the Ministry for Primary Industries.

Fonterra may review prices

Fonterra, milk

Kiwis could hear from next week if fresh milk and other dairy prices at the supermarket chiller are heading up because of surging world prices.

Sydney show: top steer

steer

After being named champion school steer, a Limousin steer exhibited by The King's School, Australia, was also awarded the title of champion steer overall from the school and open steer entries.

Missed opportunity for goat export

goats

One of the world's leading judges of the South African Boer goat breed believes New Zealand has missed an opportunity to capitalise on huge worldwide demand for goat meat.

Japan to enter TPP talks

beef

Japan's Prime Minister Abe has announced the country will take part in the Trans Pacific Partnership (TPP) discussions, and reinforced the importance of Japan taking the lead of the rule making of the economic framework while possible.

ASIC wins appeal

wheat

The Australian Securities and Investments Commission has won its appeal in the Supreme Court of Australia to uphold a $40,000 fine and 15-month disqualification against former AWB chief financial officer Paul Ingleby.

US to fight for market

beef

Vigorous moves by Australian beef exporters to get a bigger slice of the South East Asia and China markets will be met with an equal share of competitive energy by their US counterparts, a visiting meat industry analyst said this week.

Farmers keen for industry changes

Hundreds of red meat farmers in Southland wanting change in their industry fronted up to a meeting in Gore on Monday.

Hundreds of farmers frustrated with volatile lamb prices called for consolidation of the red meat industry at a meeting in Gore yesterday.

Farmers meeting to discuss their future

Meat steak

Red meat farmers have gathered in Gore today to discuss the future of the sheep, beef and venison industries.

Farmers back meat industry strategy

Farmers have voted in favour of spending almost $20 million on a programme to save the meat industry.

Red meat reforms needed say farmers

Meat steak

Hundreds of frustrated Southland and Otago farmers are to ask meat companies to develop a Fonterra-like structure.

'Perfect merger' for rural suppliers

Brent Esler and Don McFarlane

It's an end of an era for CRT. The South Island-based co-operative will soon be known as Farmlands Co-operative Society Ltd after it merged with North Island-based Farmlands last week.

Farm profits down, but outlook positive

Money, cash, New Zealand dollar

Southland sheep farmers will see their profits almost halved this year.

Organics now mainstream - grocer

Marion Hood

A desire for food that tastes "just like off my grandfather's tree" is behind a boom in organic produce, a greengrocer says.

From small beginnings

Thomas Clinton

Irish farmer Thomas Clinton is taking a back seat from steering his Southland-based business Premier Dairies

Farmers say shift focus of meat plan

Frustrated Southland farmers have spoken out against a plan to spend almost $20 million of farmer reserves on a programme to save the meat industry, saying the focus needs to change.

Sherwood Farm clearing sale ends an era

Sherwood Farm

A clearing sale on Saturday marked the end of an era for a property owned by a prominent Southland athlete.

Poor seasons blamed for price rise

fruit bowl

An apple a day may keep the doctor away, but you'll certainly be paying for the health benefits, according to the latest food price inflation figures.

Dairy prices likely to keep rising: Rabobank

Milk

Global dairy commodity prices are continuing to trend up, due to weather extremes in the main milk producing countries, says Rabobank.

LIC sees rise in interim profit

tdn jupp strap

Half-year profit for farmer shareholders of dairy genetics co-operative Livestock Improvement Corporation is up $2 million.

Aussie wool merchant close to NZ takeover

money

Australian wool merchant Lempriere is just a whisker away from reaching the 90 per cent shareholding it needs to take over New Zealand's largest wool exporter, Wool Services International.

Athol on list for visit by Sainsbury's

Heather and Steve Wilkins

An agricultural team from British supermarket chain Sainsbury's will visit a successful Athol Valley farm next month as part of a tour of Southland export lamb producers.

Buyout aimed to help serve farmers

Dairy cows

An agricultural equipment manufacturer buys a milk storage and cooling systems provider in a move designed to improve integrated support for farmers.

Chalkie: Basting a chop won't make a steak

Silver Fern Farms

OPINION: It's one step forward, two steps back for ambitious meat marketer Silver Fern Farms.

Alliance to supply NZ eatery in Singapore

Meat processor and exporter Alliance Group has secured a deal to supply lamb, beef and venison to a popular New Zealand restaurant in Singapore.

Farmer suggests subsidy to help with pest control

Rabbit

Rabbit populations in Central Otago are not decreasing despite the ORC enforcing management plans to eradicate the pests.
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