fbpx
Print this page
Friday, 27 March 2020 12:41

Rain bringing some drought relief — Penny

Written by  Staff Reporters
Nathan Penny. Nathan Penny.

While the uncertainty caused by COVID-19 continues, ran has brought some drought relief over the past week, says ASB senior rural economist Nathan Penny.

In his weekly commodities report, Penny says more rain is forecast.

“Over the past week, rain has brought drought relief to some drought-hit regions. Notably, drought conditions have eased in the Waikato and Northland,” he says.

“The lower North Island and the Coromandel appear to have missed out, but further rain is forecast around much of the country over the next seven days. 

“While the rain is welcome, in some locations, the timing of the rain has meant that it is contributing more to setting up for next season than “saving” this season.” February dairy production was down 1.8% on February 2019, while meat processing capacity remains stretched in many regions. Penny notes that outside of the drought-hit regions, some parts of the South Island have had strong growing seasons. 

“Anecdotally, crop yields and dairy production have been strong in parts of Canterbury,” he says.

Meanwhile, a hot summer hasn’t hampered kiwifruit production. The industry expects a 5% lift in this season’s harvest compared to last season, although some of the lift will be due to new plantings.

.

More like this

The Landing - sequestering on site

Covid-19 has slowed some carbon emission initiatives at The Landing in Northland, but reforestation is continuing at pace, with more than 10,000 native trees planted in the past year alone.

More support needed for rural communities

The Hauora Taiwhenua Rural Health Network is welcoming a government announcement to widen the prescription criteria for the Covid-19 antiviral medication Paxlovid.

National

Wool in schools popular

A project that aims to educate Kiwi schoolchildren about wool will see the 25,000th student pass through its wool sheds…

Machinery & Products

Tech support plays vital role

With low unemployment rates, businesses are reporting ongoing issues with filling vacancies and recruiting new talent.

Massey Ferguson launches 7S Series

Recently launched into the Australian and New Zealand markets, the new Massey Ferguson 7S Series tractors comprises six models offering…

New disc cultivator launched

Väderstad has introduced a new disc cultivator – the Carrier XT 425-625 – featuring rotating disc axles, that optimizes results…