Chasing rainbows
OPINION: The Hound awaits with baited breath Nicola Shadbolt's Methane Review Panel's findings this month on whether farmers will continue to be marched to the gallows by legislated methane reduction targets.
Agribusiness expert Professor Nicola Shadbolt says that New Zealand cooperatives have a bright future ahead of them.
Shadbolt, a professor of agribusiness and farm management at Massey University, received the Outstanding Co-operative Contribution Award at the Cooperative Business New Zealand Awards last month.
“There is scope to explore co-ops in other sectors and to continue to learn from and share how co-ops and other collective groups work best so we evolve to be stronger still,” Shadbolt told Dairy News.
She says that in the current climate, the cooperative ethos and principles resonated with consumers, but that people need to recognise that businesses were cooperatives.
“Co-ops in New Zealand need to make much more of the fact they are a cooperative, they are a collective of members.
“Collective action is critical when power imbalances exist in markets; farmers are weak sellers and weak buyers by default as our businesses are much smaller than those we transact with,” she said.
She adds that co-operatives provide farmers with an opportunity to have a more active role in the supply chain.
Shadbolt says the co-operative system is often misunderstood by some of the people who wish to change how it works.
“Remember that cooperatives are not taught in business schools of New Zealand so in the majority of cases they are an unknown construct for the accountants and business managers cooperatives employ or put on their boards.”
She says the instinct in these cases is to change the model into a corporate model, which weakens cooperatives.
Shadbolt says she wants to recognise her postgraduate students for their work in building an understanding of the cooperative business model.
“These students are the means by which the cooperative body of knowledge grows,” she said.“My hope is that the learning, and the sharing of that learning, never ends, as that is how the model will best evolve,” she said.
As the New Zealand Dairy Industry Awards night unfolded, it became evident that Waikato’s Thomas and Fiona Langford were the frontrunners for the biggest prize of the night – the 2025 Share Farmers of the Year award.
New Zealand’s dairy sector cannot expect India to be a market for all its dairy products.
Meat processor ANZCO Foods’ net profit has plunged on the back of lower market returns which squeezed margins and impacted business performance.
OPINION: Most people will be aware of the Government's plans to boost coal, oil and gas production to meet energy requirements.
AgriZeroNZ has entered a new partnership with Britain's national innovation agency, Innovate UK.
Twenty rural community hubs across New Zealand will receive $5,000 to upgrade their facilities having been selected as the winners of Rabobank's Community Hub Competition.
OPINION: Farmers won't get any credit for this from the daily media, so Milking It is giving the bouquets where…
OPINION: The Advertising Standards Authority’s 2024 report revealed that not only is social media rotting our brains, it is also…