Scales declares strong first half performance
Scales Corporation has today reported its results for the first half of the 2025 financial year, revealing what it says are outstanding results from its horticulture and logistics divisions.
THE PROSPECT of irrigation addresses some of the woes of Hawkes Bay’s annual drought, says Beef + Lamb NZ chairman Mike Petersen.
The Hawkes Bay Regional Council is developing the Ruataniwha water storage scheme, in the Tukituki river catchment, near Waipukurau.
This involves building a 90 million m3 dam which could irrigate 30,000ha. It could also be used to generate electricity.
Petersen can see the catchment from his farm but he wouldn’t benefit from it because he’s in the hill country.
Considering the years of drought such as the present one, the Ruataniwha scheme is what the district needs, he says.
“Frankly a year like this is a graphic example to naysayers of why it needs to happen. We have a district severely impacted by dry conditions. Having a 30,000ha area capable of being watered year-round is going to be a big benefit for the area.”
Petersen says history shows that where you build irrigation the dairy cows soon follow. But there are spin-offs for the wider farming community, he says.
“In this area we’ll see a focus on sheep and
beef finishers and they will see how they can integrate their operations with the irrigation. Remember we’ve got McCains and Heinz in
this part of the world, so there will be benefits for people who want to do cropping as well. It’s a massive opportunity
and dairy hasn’t got it
all its own away in this area.”
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.