Print this page
Monday, 22 July 2013 09:47

Recipe for resilient farming

Written by 

Strong leadership, good networks and being change-ready are the key ingredients to running resilient farming operations, says Westpac managing director of private wealth and insurance, Simon Power.

Power was speaking last week at the Westpac Farming Insights 2013 – Challenges, Opportunities and Resilience event, held at Vidals Winery in Hawke's Bay.

A 100-strong audience of sheep and beef farmers plus horticulturalists turned out to hear from the Associate Minister of Primary Affairs, Jo Goodhew, Beef + Lamb NZ chairman, Mike Petersen and Power.

"Most farming operations these days are sophisticated business enterprises that require strong vision, entrepreneurship and tenacity. They also require a major degree of resilience," says Power.

"Resilient farm operations look for ways to enhance competitive edge. This is a crucial factor in resilient business."

At the same event Power announced a new partnership Westpac has developed with Sir John Kirwan to host resilience-themed events for the rural community focusing on building personal resilience.

"The rural sector has faced many stresses over the past year, including the worst drought New Zealand has experienced in 70 years. Sir John Kirwan has done an incredible job of raising awareness about depression and the importance of building resilience and we know he has plenty of valuable insights to share with the rural community," says Power.

Westpac intends to hold two Rural Resilience events with Kirwan before the end of the year, and will look to hold more next year.

More like this

China keeps dairy prices high

Whole milk powder (WMP) prices are now sitting above pre-Covid-19 levels and New Zealand farmers can thank a resurging Chinese economy for that.

Drought impact to continue

There is not going to be any significant feed grown in Hawkes Bay until spring, according to former special agriculture trade envoy Mike Petersen.


Lindsay Farm raw milk recall

Raw milk from Central Hawke’s Bay producers Lindsay Farm is being recalled after Campylobacterbacteria was found in some product.


Carcase collection impasse

Collection of dead calves from farms around the country has stopped with farmers and the recycling company blaming each other for the impasse.

Taking NAIT seriously

North Otago calf rearer Jared Ovens believes the Mycoplasma bovis outbreak has led to more farmers embracing animal traceability.