Mid-Canterbury dairy farmer boosts milksolids by 50% with millennial mindset
A Mid-Canterbury dairy farmer is bringing a millennial mindset to his family farm and is reaping the rewards, with a 50% uplift in milksolids production since he took over.
Tomato and lettuce prices were both down 29% in October, Statistics NZ says.
Seasonally lower fruit and vegetable prices saw overall food prices fall 0.8% in the month. Adjusting for the typical seasonal patterns, prices were flat.
Vegetable prices showed the biggest movement in October, down 8% in total. Fruit prices were down 1.8%. As well as lower prices for lettuce and tomatoes, courgettes were down 43%. This was partly offset by higher carrot prices, up 19%.
"Tomatoes continued their price decline for the second consecutive month, to $6.83 per kilo this month. While this is a large fall, tomatoes are still more expensive than they were in October 2015," consumer prices manager Matt Haigh says.
Meat, poultry, and fish prices rose 0.8% in October 2016. This was influenced by higher prices for poultry (up 4.4%). Pork prices have fallen 5.3% in the month to their lowest level since August 2014.
"Lower pork prices reflect cheaper prices for roasting pork, and brought prices in line with those seen six years ago," Haigh says.
Prices for grocery foods were flat in October 2016, with lower prices for cheese (down 3.6%) and yoghurt (down 4.6%) partly offset by higher prices for fresh milk (up 1.4%). Non-alcoholic beverages prices fell by 1.2% in October, influenced by lower prices for coffee, soft drinks, waters, and juices.
Overall, food prices increased 0.6% in the year to October 2016, influenced by higher prices for restaurant meals and ready-to-eat meals (up 2%) and fruit and vegetables (up 1.2%).
BNZ says it is backing aspiring dairy farmers through an innovative new initiative that helps make the first step to farm ownership or sharemilking a little easier.
LIC chief executive David Chin says meeting the revised methane reduction targets will rely on practical science, smart technology, and genuine collaboration across the sector.
Lincoln University Dairy Farm will be tweaking some management practices after an animal welfare complaint laid in mid-August, despite the Ministry for Primary Industries (MPI) investigation into the complaint finding no cause for action.
A large slice of the $3.2 billion proposed capital return for Fonterra farmer shareholders could end up with the banks.
Opening a new $3 million methane research barn in Waikato this month, Agriculture Minister Todd McClay called on the dairy sector to “go as fast as you can and prove the concepts”.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.

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