Fonterra’s $3.2b capital return to farmers set to boost rural incomes and NZ economy
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
Farms are expected to benefit from experimental work by the Department of Conservation and Fonterra as they jointly trial floating wetlands in Waikato.
Developed by Massey University, the wetlands consist of native wetland plants in buoyant ‘rafts’ that sit on the water surface. These are capable of removing large amounts of nutrients: the rafts filter water in drains and runoff before it enters waterways.
This ‘Living Water’ project has located floating wetlands in drains around Lake Areare (near Ngaruawahia) to monitor the technology. The drains are “nutrient enriched”, the trial partners say.
DOC ranger Michael Paviour, leading the work in Waikato, says good early results are seen in the trial.
“The wetlands have only been installed for a short time, but initial tests and rapid plant growth show they’re doing a good job of removing nutrients from the water.
“The floating wetlands are not a ‘silver bullet’ for raising water quality but, used with silt traps and riparian planting, they are practical and effective.”
Living Water leader Tim Brandenburg says the floating wetlands could help farmers manage nutrient levels in ponds and drains.
“Floating wetlands don’t just remove nutrients from waterways, they also attract birds and insects and the grasses can be harvested as a feed supplement.”
The trial will run until mid 2017 and if the good results continue the floating wetlands could be in waterways nationwide.
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.