Before he left for China last week, New Zealand’s Special Agricultural Trade Envoy, Mike Petersen, gave me his thoughts on the process of trade negotiation and a brief list of successes he has been involved with since 2003. At that time he was Chairman of Meat & Wool NZ as it was called in those days. Read the rest of this entry »
Rabobank’s quarterly report on the global beef market maintains South American beef producers, particularly Brazil, will be the major influence on the beef trade in 2016. Read the rest of this entry »
Fonterra’s succession of ultimatums to its suppliers smack of ham-fisted bullying and incompetence. The company’s first ultimatum was to push payment terms out to 90 days for a ‘small percentage’ of its New Zealand suppliers in line with its global practice , followed by an invitation to attend Dragon’s Den type negotiating sessions in which it has served notice it will demand 20% price reductions. Read the rest of this entry »
The PR spin has been pretty active signalling a much improved half yearly result which was duly delivered this morning. The company confirmed a 40 cent dividend for the full year with the interim dividend being paid next month as usual and the final dividend being paid in two tranches in May and August instead of October. Read the rest of this entry »
The three main themes for this workshop are:
- Added value products focusing on key points of differentiation in NZ meat products with a research emphasis on credible health and nutritional benefits.
- Value from quality – research outcomes that will enable the red meat sector to meet increasing demand for high value premium meat products in existing and new markets.
- Provenance and food assurance – research from fork to farm to ensure that exports are safe, of superior quality with defendable provenance and attractive to consumers.
By the time most of you read this, I will have delivered an address to a Meat Industry Research workshop at Ruakura. Preparation for this has severely taxed my knowledge of research directed at the future prosperity of the red meat sector. Depending on the reaction to my presentation, I will almost certainly find out whether or not I have succeeded in talking sense and, more important, introducing some relevant fresh ideas to the audience of scientists and people with infinitely greater technical credentials than I. Read the rest of this entry »
After many years competing for livestock without compelling suppliers to invest in the full number of shares required in principle, Alliance Group has seized the opportunity offered by Silver Fern Farms’ likely shareholding change to review its capital base. Read the rest of this entry »
The release of the 2016 quota allocation which Alan Williams analysed in detail (Farmers Weekly 11th January) show some considerable shifts in tonnage entitlements between the major meat exporters. The quota is allocated as a percentage of the total allowable quota for shipment to the EU for sheepmeat and USA for beef during a calendar year; in the last two years New Zealand has only filled around 75% of the EU quota and 90% and 98% of the USA beef quota. Read the rest of this entry »
Not surprisingly farmers are dissatisfied with the state of the sheepmeat market. The impact of drought has brought about a near 20% increase in the kill for the first quarter in a season where the full year lamb kill is forecast to be 1.7 million lambs below last year. Read the rest of this entry »