AGRIBUSINESS ARCHIVES

Leading is itself a challenge

South Canterbury farmer and newly elected Beef + Lamb director Nicky Hyslop is committed to sheep and beef farming, admitting her real affinity with the land and rural people is what gets her out of bed in the morning. She talked to Annette Scott

New effort to attract youngsters

A programme to promote primary industry careers has been launched by Rabobank, Young Farmers and Lincoln University.

Listen to Farmers Weekly journalist Luke Chivers speak to Rabobank NZ general manager Hayley Gourley.

Mentoring takes farmers further

Nearly halfway through a big, pioneering, five-year farmer extension project in Northland its benefits are becoming apparent to target farmers, their associates and the region.

Burt, Irvine out at PGW

The three New Zealand directors of PGG Wrightson are leaving the board in major changes at the rural services group.

Deputy chairman Trevor Burt and independent directors Bruce Irvine and John Nichol will finish on April 30.

Gas tax closer

Livestock farmers could face an initial greenhouse gas emissions tax of $50 million a year rising to $1 billion, Interim Climate Change Committee David Prentice says.

But some of the money might be used to help rural communities cope with the loss of jobs and services as farm animals are replaced by trees.

Changing the face of farming

Alternative proteins and genomics could change the face of New Zealand agriculture, a Ministry of Business, Innovation and Employment report suggests.

But they come up against the brick wall of the country’s attitude to genetic engineering and editing.

Banks claim their books solid

The two banks with the highest proportion of non-performing farm loans maintain their loan books are secure with minimal losses likely.

The Reserve Bank’s financial strength dashboard for the end of March indicates the ASB and Rabobank, each holding about 17% of the market share for agricultural loans, have reported the highest non-performing loans ratios.

ANZ pares back dollar easing

ANZ Bank still expects a weakening dollar but says the fall won’t be as far as it was thinking a few weeks ago. Earlier forecasts were based on rising United States Fed interest rates and an easing track by the Reserve Bank, ANZ’s FX/rates strategist Sandeep Parekh said.

We’re too slow, cautious

New Zealand’s overly cautious primary industries are hampered by being too slow to adapt and a lack of research, which is sometimes blocked by vested interests, the Ministry of Business, Innovation and Employment says.

Handshake deals days numbered

A stock firm on the receiving end of a judgment in favour of one of its former farmer clients says it agrees with judge’s verdict the days of livestock deals being agreed on a handshake are numbered.