16 Breeding them tough Vol 17 No 12, March 26, 2018
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Profit axe falls Hugh Stringleman
T
hugh.stringleman@nzx.com
HE Beingmate blow fell and Fonterra’s chief executive Theo Spierings will depart from his role later this year, but that is not cause and effect. After the 2018 interim results presentation Fonterra’s chairman John Wilson said Spierings’ planned departure after seven years was succession by agreement and the worldwide search for his replacement began in November. The announcement was bought forward a month or two to avoid market speculation and was not connected to the huge $405 million Beingmate stake value writedown. Wilson, Spierings and new chief financial officer Marc Rivers presented some of the most eventful Fonterra results in years, containing good and bad components. The milk price forecast for this season went up by 15c to $6.55/kg milksolids, a collective farmgate gain for shareholder-suppliers of $222m. But an aggressive writedown of Fonterra’s stake in Beingmate Baby and Child Food, plus a share of its 2017 losses, came to $433m. Fonterra also booked $160m cost after tax of the compensation payment to Danone for the damage done to New Zealand subsidiary Nutricia by the 2013 whey protein concentrate recall.
Sales revenue went up 6% to $9.8 billion but the gross margin fell by 6%, normalised earnings were down 25%, normalised earnings per share were down 36% to 15c and the net profit after tax was a loss of $348m (minus 21c/ share). Fonterra directors forecasted a full year dividend of 25c to 35c/ share, from which an interim 10c will be paid in April. Therefore, it seemed they intended keeping faith with nonfarmer Fonterra Shareholder Fund investors rather than taking the Beingmate impairment in one hit to the dividend. ASB senior rural economist Nathan Penny said the negative earnings per share in the first half, no matter how good the secondhalf earnings, suggest directors will use the balance sheet to fund the intended dividend. Fonterra itself implied a 35c dividend would result from booking only the Danone payout, while a 25c dividend would add in some of the Beingmate writedown. “The Danone part is cash, the Beingmate part is not cash and that is why we are confident with the dividend,” Spierings said. ANZ rural economist Con Williams said the final treatment of the one-offs had yet to be determined by the board for dividend purposes. Historically, they had been added to the balance sheet but it came at a cost to potential investment opportunities or partnerships. The $6.80 to $6.90/share indicative payout for farmers,
NO SMILES: The faces of, from left, Fonterra chief financial officer Marc Rivers, chief executive Theo Spierings and chairman John Wilson portrayed the content of the interim results. Photo: Glenys Christian
We can’t continue to bleed capital or we will end up like Murray Goulburn. Mark Croucher Farmer composed of milk price and dividend forecasts, if delivered, will be the third highest in the past decade and the fourth highest in Fonterra’s history, Wilson said. Now with an eye on his legacy, Spierings said NZ milk prices are the best in the world, having woefully lagged Europe and the United States until about 10 years
ago and the advent of Chinese demand and the launch of Global Dairy Trade. In the first half Fonterra got close to another of its objectives – one dollar revenue for each litre of milk equivalent. From 1H 2015 to 1H 2018 Greater China’s “enterprise value” for Fonterra had risen from $3.7b to $4.7b, even after the Beingmate writedown. Shareholders Council chairman Duncan Coull said farmers will be happy with the 15c lift in payout and the dividend indication but unhappy with the Beingmate impairment, the Danone payout and nil growth in consumer and food service. His expectation was on management to turn the negatives
around during the second half. Coull urged all farmers to attend the directors’ roadshows where more Beingmate explanations would be given. Northland farmer Mark Croucher said Fonterra’s muzzling of former director Leonie Guiney would ensure high meeting attendance and some heated questions. His main worry was the repeated losses of capital and NZ milk market share. “We can’t continue to bleed capital or we will end up like Murray Goulburn.”
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NEWS
WEATHER OVERVIEW This week starts off with high pressure but also a narrow and active cold front. By active we mean despite it being fairly thin sizewise the front packs a punch and might bring thunderstorms and torrential rain. It mainly affects the West Coast on Tuesday and Wednesday but might also push over into parts of Southland, Otago and Canterbury. The North Island is fairly dry this week and warm with a few isolated downpours, which could bring locally high rainfall. For Easter weekend the remnants of what was a tropical storm, even possibly a cyclone for a time, will bring localised heavy downpours while the South Island has more of a westerly flow and West Coast rain.
5 Crossbred wool future limited It is widely accepted that crossbred wool has little or, at best, a limited future without changing its structure or finding innovative uses. Synlait reports record earnings �������������������������������������� 8 Sage meets high-country farmers ������������������������������� 10
Rain An active but narrow cold front moves up the South Island this Tuesday and Wednesday with torrential rain on the West Coast and some heavy falls spreading east. Over Easter weekend the remnants of a once tropical storm might bring downpours.
Tough year for arable growers �������������������������������������� 14
New Thinking ��������������������������������������������������17 Opinion ������������������������������������������������������������18 Markets �������������������������������������������������������������32
REGULARS
Pasture Growth Index Above normal Near normal Below normal
7-DAY TRENDS
Forestry spread worries farmers ����������������������������������� 11
Newsmaker ������������������������������������������������������16
NZX PASTURE GROWTH INDEX – Next 15 days
Temperature Warmer this week than last week for the South Island while the North Island remains about as warm, perhaps a little warmer inland. No cold snaps this week and highs in the late teens up to the mid 20s.
Wind Northerly quarter winds in the South Island this week turn westerly while the North Island has northerly quarter winds for much of the week. Airflows in both islands will generally encourage milder weather and shouldn’t be overly strong for most.
Highlights/ Extremes A cold front Tuesday and Wednesday might bring thunderstorms and torrential downpours to the West Coast with some spillover to nearby regions. A short-lived tropical storm, possibly cyclone, falls apart well before NZ this long weekend but might bring northern downpours.
14-DAY OUTLOOK
For further information on the NZX PGI visit www.agrihq.co.nz/pgi With the autumn equinox last week the nights will now become longer than the days, which means we’ve passed peak pasture growth and now the gradual decline accelerates. However, the forecast this week is positive nationwide with a much warmer week for the South Island, highs back into the 20s for many, even mid 20s, while the North Island remains equally as warm.
SOIL MOISTURE INDEX
Employment ����������������������������������������������������23
– 23/03/2018
Classifieds ��������������������������������������������������������24 Livestock ����������������������������������������������������24-27
32 Don’t be complacent Source: WeatherWatch.co.nz
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Sheep and beef farmers should not be complacent in grasping opportunities, retiring Beef + Lamb New Zealand chairman James Parsons says.
News
THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
3
Beingmate put in perspective Hugh Stringleman hugh.stringleman@nzx.com FONTERRA’S China strategy is integrated and therefore one element like the faltering Beingmate investment can’t be unpicked without threatening the success of the whole, chief executive Theo Spierings says. The strategy was also partly in response to Chinese Government requirements on multinationals for safe consumer brands and a Chinese partner. China was still a growing net importer of all dairy products, Spierings said. Greater China now took 28% of Fonterra’s volume, having gone up 45% in the past three years, and within that consumer and foodservice volumes had doubled. In 1H 2018 China accounted for nearly 3 billion litres of milk equivalents (LMEs) compared with just over 2b LMEs in 1H 2015. Gross margin was $390 million, compared with $249m in the 2015 half-year comparison. That was after the normalisation adjustment for the Beingmate impairment and the share of losses.
China was turning into a fresh dairy market, with fresh milk sales forecast to grow a further 63% in five years. Fonterra was well-positioned, with current production capacity from its China Farms exceeding 400m LMEs.
To be blunt, the investment in Beingmate has not gone the way we expected ... Theo Spierings Fonterra Its daily fresh milk was now sold in 30 of Alibaba’s Hema stores, with an expectation that would grow to 3000 stores in three years. Fonterra’s Anchor fresh milk from China Farms was also used exclusively by Starbucks in China, Spierings said. After the impairment, Beingmate had an “enterprise value” of $244m within Fonterra’s total China value of $4.7b and
Fonterra’s overall value of $16b. (see chart) “We are very strong in ingredients, consumer and foodservice in China so we didn’t opt for a partner. “We were not strong in infant formula, so that is where we opted for a partner,” Spierings said. “To be blunt, the investment in Beingmate has not gone the way we expected and there are things we would do differently knowing what we know now. “The recovery of the value of this investment is the number one immediate priority for me and the senior management team.” Beingmate still had strong, registered brands in a China infant formula market growing at 7% annually. “We see there are a number of opportunities to reverse the current performance, unlock the distribution network and meet customers’ preferences for e-commerce.” The major shareholders – founder Sam Xie, Spierings representing Fonterra, and vice-chairman Xiaohua He – had agreed on finding a new strong,
The big picture
• Based on our current share price, Fonterra’s Enterprise Value (EV)1 exceeds $16b • Greater China’s share of EV estimated to be $4.7b Beingmate and China Farms included at current book value and balance based on pro-rata share of gross margin • Conservative estimate relative to valuation of similar China businesses, plus upside potential of China Farms • Since 2015 the EV of Fonterra’s business in Greater China has grown by $1b or 27%
independent chief executive as quickly as possible. Spierings strongly refuted suggestions Fonterra was not capable of running minority interests and joint ventures
overseas. “We have transformed businesses in Europe, the United States, Latin America and Australia recently, so we do know how to perform.”
Punters pick the payout positives for farmgate cashflows Hugh Stringleman hugh.stringleman@nzx.com FARMGATE cashflows for Fonterra farmers this season and next are now looking good after the 15c/kg lift in milk price and the dividend forecast, ANZ rural economist Con Williams said. The payout lift would have a positive effect on this season’s monthly deferred payments from July to October. Cashflow this season was now estimated at $6.72/kg and, assuming next season opened above $6, the cashflow for
next season should be similar, Williams said. The four Retro payments in July, August, September and October will be increased by 15c/ kg. Williams acknowledged the difficult production season for most farmers, which had come at a higher cost because of the use of more supplementary feed to keep cows milking. Fonterra expected to be down 3% and New Zealand as a whole 1.5%. “Autumn production conditions now look favourable, which will extend days in milk for
most farmers, boosting end-ofseason production.” The prospect of a third $6-plus season in a row should raise confidence throughout the dairy industry, and the recent pattern had been two good ones followed by a more difficult one. ASB rural economist Nathan Penny said the boost in payout forecast late in the selling season was the reason to align his own prediction to $6.55/kg, including some upside potential to $6.60. Global dairy prices remained firm, especially in the products that mattered most to NZ. Recovery from weak NZ
production early in the season was only gradual, but world demand remained firm. The trends looked good for next season, for which Penny pencilled in $6.50. Craigs Investment Partners said it had some confidence that Fonterra could repeat a strong second-quarter trading performance in both the third and fourth quarters. Therefore it could produce an earnings per share result at the lower end of the current 35c to 45c guidance, and pay the forecast dividend of 25-35c/ share.
Craigs said the main elements in second-half performance were expected to be stronger ingredients volumes, better consumer and foodservice margins now price increases had been implemented, and a continuation of positive stream returns. Second-quarter earnings before interest and tax could have been as high as $380 million. Forsyth Barr said Fonterra expected consumer and foodservice earnings in the second half to return to the FY2017 level of $600m.
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News
THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
Decision time for Gita recovery Annette Scott annettescott@xtra.co.nz TARANAKI farmers battling the ongoing challenges of the weather gods are facing a critical decision time. While managing their way through the hammering of Cyclone Gita last month the region’s dairy farmers are also still recovering from the drought, Federated Farmers provincial president Donald McIntyre says. “Our province was hit this summer with the drought first then we were served another big blow, literally, from the Gita storm. “The trail of destruction left by Gita is getting under control now but on top of the drought it’s all taking a toll on everybody,” McIntyre said. “It’s left many farmers stressed and really struggling because they have a severe lack of feed.” He said the crucial decisions would need to happen soon. “Many farmers will have to decide whether to dry off cows early, put fertiliser on and try and grow enough grass for the winter, or to keep on milking and buy in extra feed. “As we all know, if you dry cows off the cash flow stops. “We are just praying for a better season as we face the challenge of how to farm forward after this double whammy of the cyclone on top of the drought. “There are a lot just working on the breadline.” Meanwhile the Feds’ Taranaki feed drive had attracted plenty of donations. McIntyre said the initiative had attracted generous interest from throughout the country. “We’ve been overwhelmed by the offers we’ve received.” Farmers from around the country were invited to donate towards feed and transport costs.
All donations were being allocated to Taranaki farmers by a committee appointed by the local Federation. “We will assess all offers carefully and match them in the best possible way,” McIntyre said. Federated Farmers had also opened its Adverse Events Fund for charity donations. In Golden Bay the Takaka Hill road re-opened to truck and trailer units on March 20, having been initially under full closure following the Gita storm of February 20 then opening for limited time and to limited vehicles. Golden Bay Feds president Wayne Langford said it had been really difficult to get stock out over the past four weeks, but praised the sole trucking company, Sollys, for its efforts to work with farmers. “It’s been a bit tough but roughly speaking most are moving out of recovering stage now and back to some normality,” Langford said. While transport companies had been charging a 40-60% freight surcharge, farmers weren’t grumbling. “We have still been able to get stuff in and out and we are grateful for that. “Sollys have done a fantastic job supporting farmers.” Sollys transport company owner Merv Solly said his business had been hit with a $600,000 loss following the severe damage to the only road out of the region. With the wet summer there was plenty of feed, which Langford said had been a blessing. “There’s been lots of grass and not having to bring extra feed into the Bay had taken a bit of stress off.” He said tourism had been hit hard with operators generally reporting a drop of 50% in
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business with their summer cut short. “Any farmers thinking about a holiday, pop on up to the Bay – tourism here needs a bit of shove here.” Upper South Island Fonterra operations manager Chris Win said the barge had been a saviour in the first week for both Fonterra and the Takaka community. He said while operations were pretty much back to normal transport logistics remained challenging and Fonterra was still using a “fair few” contractors to move milk and product around. Both Taranaki and Golden Bay met medium-scale adverse event criteria, triggering funding for recovery efforts. Assistance from Enhanced Task Force Green and Rural Assistance Payments were also available. Insurance Council New Zealand chief executive Tim Grafton said it was too early to put a figure on the Gita storm claims but he expected they would be up there with the storm that hit the Thames region in early January and Cyclone Fehi that ravaged parts of the South Island. Grafton said these two events had so far come in at $28 million and $40m respectively. “We are still working on Gita but we know that will be significant too and that will be three in the first quarter of the year.” Last year, with insured loss payments at $243m, was the biggest since records started in 1968. “It’s important that we don’t lose sight of the impact cumulative extreme weather events can have. “This is the sort of thing we can expect to see with ongoing climate change – more frequent, more severe storms,” Grafton said.
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New approach for adverse events A NEW rural Canterbury group is planning for the unexpected as rural agencies and individuals establish a group to represent farmers and growers in future adverse events. The new Canterbury Primary Industries Adverse Events Cluster Group is leading the integration of agencies in the primary industries, together with the Canterbury Civil Defence and Emergency Management (CDEM) Group, to prepare for and respond to adverse events in rural Canterbury. The Cluster is open to all agencies involved in Canterbury primary industries and CDEM. It is led and represented by a Rural Advisory Group (RAG) of the Canterbury Rural Support Trusts, Federated Farmers, the Ministry for Primary Industries (MPI), Canterbury CDEM Group and representatives of each primary sector. The RAG will lead the development of Cluster terms of reference, process and relevant documentation, and plan the agenda for full Cluster workshops.
“In a disaster or adverse event, the new Cluster Group will mean we are prepared to manage information between farmers and the primary sector with the vital work that CDEM does, group vice chairwoman and North Canterbury Feds president Lynda Murchison said. “Over the last seven years as we have been hit by several adverse events, it has become clear that we have a role to play in helping Civil Defence respond to the needs of the rural community. “Our strong networks have already proven that we can work together on a better coordinated response for our rural communities. MPI is facilitating the setup of similar groups throughout New Zealand so when there is a disaster or event, CDEM can tap into the resource for the rural response. Led by a partnership between the regional CDEM Group, MPI and Rural Support Trusts, most will have a core group of around 10 people, with a much wider group coming together a couple of times a year.
News
THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
5
Crossbred wool future limited Neal Wallace neal.wallace@nzx.com IT IS widely accepted that crossbred wool has little or, at best, a limited future without changing its structure or finding innovative uses. Artificial fibres have caught up and overtaken many qualities of wool and have effectively pushed the natural fibre out of the market.
Less weight but of higher quality is better but we are going the other way and saying more must be better. Professor Jon Hickford Lincoln University Stories of carpet retailers directing customers to floor coverings made from synthetic fibre instead of wool are all too common, even in New Zealand, the home of the world’s best quality strong wool. The most recent Ministry for Primary Industries Situation and Outlook report paints a grim picture, warning there are few signs of a rebound in crossbred wool prices or demand. Export volumes are rising but that is because of a build-up following a collapse in prices last year resulting in mid-year stocks three times normal levels. MPI also noted the gap between the price of fine and crossbred wool stronger than 31.4 micron is four or five times, $19 and $4 respectively. At recent sales 28 to 33 micron crossbred wool sold for $4.05 to $8.65 but 33 micron and stronger from $3.02 to $3.90. The dominance of China, which
SHIFTING: China’s demand for finer crossbred wool is reducing demand at the strong end, Wool Services International chief executive John Dawson says.
most years takes more than half NZ’s clip, sets the price based on commodity use. When its buyers are active prices generally rise but when they aren’t buying, prices fall. Italy at 9% is NZ’s next largest market. NZ Wool Services International chief executive John Dawson said China is demanding finer crossbred wool, which is reducing demand for the stronger end. In the 30 or so years wool prices have fallen in real terms, quality has also progressively declined, to the point where Professor Jon Hickford, a Lincoln University breeding and genetics expert, believes no amount of marketing will lift prices until that improves.
Hickford said new, more accurate fibre diameter measuring equipment shows wool in some flocks varies from 30 to 50 microns because existing technology can’t accurately measure higher than 38 microns. “There is a problem because crossbred wool is blowing out 40 to 50 microns but farmers are told it is 38 microns.” Crossbred wool over 38 microns is virtually worthless because of its coarseness and medullation issues in carpet manufacturing. By strengthening the clip, demand is further diminished and he is surprised Sheep Improvement includes wool weight as a trait selection criteria. He sees little merit producing
greater volumes of wool no one wants to buy. “Less weight but of higher quality is better but we are going the other way and saying more must be better.” Crossbred wool’s star has fallen from the days when it accounted for up to 70% of farm income. An absence of any promotion in recent years has created a generation of consumers who know nothing about it. Twice farmer referendums have sent an emphatic message they do not want levies to fund wool promotion. Further evidence of wool’s dimming star is the Wool Research Organisation of NZ chairman Derrick Millton’s announcement
in the 2016-17 annual report there are no wool teaching courses available for industry or students. He said Lincoln University is reluctant to reinstate its previous wool certificate and diploma courses but WRONZ has funded the reinstatement of the Certificate of Wool Technology offered by Taratahi Agricultural Training Centre. Former NZ Wool Services chairman Derek Kirke predicted in 1985 as part of a Nuffield Scholarship study that wool carpets had a limited future as synthetics could mimic then exceed wool’s qualities. “Time has proven that conclusion to be correct.” Synthetics still have issues with comfort but Kirke said they have improved. MPI and Statistics NZ data shows how fickle the international wool market has become. Optimistic commentary in 2016 noted wool export prices were at their highest since 2011 and though easing back, were expected to stay above $6 a kilo. Export values were forecast to hit $801 million in 2018 and about $780m in 2019 and 2020. But a year later MPI replaced those bullish forecasts with a decidedly more pessimistic view, especially for crossbred wool, predicting export values for 2018 slipping to $510m and $540m for 2019. In contrast, MPI said fine wool, accounting for just 8% of export volumes recorded a 20% increase in price in the previous year. Wool Services International chief executive John Dawson described prices as a joke and an embarrassment but said a tangible turnaround in the price of crossbred wool is some time away and will be driven by new products. “There will always be a future but it is a question of finding new products that can actually increase the return to farmers.”
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News
THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
7
M bovis pressure starts to bite Annette Scott annettescott@xtra.co.nz CREDIT limits have been reached and banks are calling the shots as industry urges the Ministry for Primary Industries (MPI) to “play fair” with compensation in the cattle disease Mycoplasma bovis response. Federated Farmers dairy chairman Chris Lewis says the financial predicament is serious as funding options dry up and farmers reaching the end of their tether plea for help. “Farmers are pouring their hearts out in desperation for survival. “Banks are putting untold pressure on now – this is not just the local branch having the conversation, these farmers need some cash now, not to make the budget work for next season but to make the 20th of the month budget.” Lewis said funding options had dried up. “I can see and hear the desperation, these people are broken now. “This is not the New Zealand way to do business, this disease is not the fault of anyone, it’s happened and if MPI doesn’t speed up and act quickly then financially and mentally people, and industry, are going to be ruined for a very long time,” Lewis said. “Yes the taxpayers need some ticks in the boxes and we don’t want to undermine that, but when the animals have been killed by order, and six months ago, you would think MPI would have taken care of the paperwork. “We have got to be fair to MPI but they have got to play fair to the farmer – this is taking a huge toll now and we can’t have farmers hanging on any longer. “For these farmers MPI needs to speed things up right now,” Lewis said. “We don’t want to chuck MPI in the bus just yet, we need to support their efforts – there can’t be too many secrets left. “But to do the right thing we need all the information because
PLAY FAIR: Chris Lewis says MPI needs to speed things up.
13,000 farmers thinking on this must be better than a few experts who don’t know farming backwards.” MPI director response Geoff Gwyn said eradication continued to be an option with the Ministry working to a late March-early April timetable for a decision. “It (eradication) is everybody’s preferred option but it has to be achievable and affordable. “But to be clear, long-term management is also an option, as it always has been,” Gwyn said. “We are well aware of the
unfortunate impact of the uncertainty on farmers and we acknowledge it is difficult getting the latest facts in front of all farmers in a situation that is moving so rapidly.” To date MPI had received 73 compensation claims. Gwyn said the processing of claims was time-consuming and complex and MPI was now providing support to DairyNZ to enable further claim assistance to farmers. “We are about to give that a boost.”
Contrary to much belief, the industry input of $11.2 million was not funding to pay compensation - it was a contribution to the response for operational activity. However, Gwyn said funding was not the issue in the time taken for assessing claims. “We are funded for compensation liabilities, what takes time is farmers putting together verifiable claims which then need to be assessed.” Meantime the number of infected properties continues to grow, with a further property identified in Ashburton and the disease now spread into Waitaki. MPI is urging farmers to come forward with all animal movements, particularly related to the two infected hubs going back to January 2016. The Ministry cleared concern related to breeding bulls sold from a South Canterbury infected property to Livestock Improvement Corporation (LIC) in February 2017, given the sale period was outside the introduction of the disease to the property. MPI said while effectively the risk period now dated back to January 2016, each infected property had its own individual tracing period defined. LIC general manager biological systems Richard Spelman said the company was aware of the situation and was working closely with MPI. “MPI contacted us about eight weeks ago and we have provided extra samples from the animals of interest. “We tested all our animals in October last year before mating, we are continuing to test as the season goes through and we are watching our animals closely for Mb signs in animal health,” Spelman said. “It is very important from a commercial perspective that we maintain that vigilance.” Spelman said LIC was confident in assuring clients all their bulls were safe and clear of M bovis. Meanwhile, MPI said the long awaited Pathways Report “is imminent”.
Truck checks to track cattle Annette Scott annettescott@xtra.co.nz COOK Strait controls to track cattle heading north have swung into action in a lastditch effort to control the spread of the cattle disease Mycoplasma bovis. Announcing the measure Agriculture and Biosecurity Minister Damien O’Connor said controlling cattle leaving the South Island for the North Island is now a critical part of an intensified programme to control the further spread of the disease. Having viewed the NAIT report and learning farm-tofarm recording might be as low as 30%, Operation Cook Strait had become necessary to have any chance of controlling the disease. “There is no quick exit strategy for M bovis and farmers complying with NAIT is a bottom line for any option. “Eradication is what everybody would like but it has to be technically possible, practically achievable and affordable for all. “If we can’t improve NAIT compliance, we can’t get past go.” Operation Cook Strait, based where trucks stop in the upper South Island and run by MPI, kicked in on Friday. It will check that farmers moving cattle from the South to the North Island comply with their legal obligations under the NAIT Act. Non-compliance would result in fines. O’Connor said it was likely to be extended to other parts of the country. He remains hopeful M bovis can be eradicated from New Zealand.
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THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
Record earnings ahead of growth Alan Williams a.dubu@xtra.co.nz SYNLAIT Milk remains very much a growth company, managing director John Penno said after reporting record first-half earnings. The company has a lot of capital development projects under way to boost its infant formula capabilities and to develop an everyday dairy products business starting with the Foodstuffs fresh milk supply contract for the domestic market, with product available in about a year’s time, and which Penno expects to lead to other products and to exports over time. Consumer-packaged infant formula sales continue to drive earnings higher and upgraded agreements with Chinese customers New Hope Nutritionals and Bright Dairy will enhance sales further into the 2019 financial year. Strong sales of the highestmargin products and earlier sales of ingredients boosted earnings
THUMBS UP: Synlait might be breaking earnings records but it remains very much a growth company, chief executive and managing director John Penno says.
in the six months ended January 30. Total consumer-packaged infant formula volumes nearly tripled compared to the same period last year. The after-tax profit was $40.7
million, up from $10.6m at the same time a year earlier. Gross margins increased by $41.5m, leading to operating earnings (Ebitda) being 122% higher at $74.1m. Investors liked the result, pushing the share price higher on the NZX, up 80c (about 10%) to $8.89 soon after the results were known. It peaked at $9.23. Synlait’s infant formula supply relationship with the A2 Milk Co, covering the Australia and China markets, is the key to earnings growth. Consumer-packaged sales were 165% higher than at the same time last year and 35% higher than in the second half of last year. This is ahead of the renegotiated supply agreements with New Hope and Bright Dairy, which should lead to fourfold volume growth in their business over five years from the 2019 financial year starting in August. Synlait is also waiting for registration of the Munchkin Grass Fed brand, allowing export
AFTER an upside down summer that delivered spring-like growth in late February, autumn appears to be panning out as a season closer to normal for most farmers. Weather Watch director and Farmers Weekly forecaster Philip Duncan said the early, hot start to summer in November sent growth patterns haywire for grass and crops, pushing them into a dormant phase, only to be restarted in early January with heavy and frequent rain. “But unlike previous years we are seeing an earlier start of autumn down in the South Island while summer is persisting in the North Island with some fairly high, stable sort of temperatures being experienced.” The prediction of more normal autumn weather came on the day of the equinox, when day and night were of equal length, the first autumn day on the astronomical calendar. “With this time of year we can expect to see the return of wind having an effect on our temperatures. This explains why we might see somewhere like Otago drop from 25C down to 10C in only one day, with the effect of the cooler winds.”
shareholders’ funds of $434.7m and borrowings of $139m. It also had cash or near-cash of about $89m. The balance sheet strength was set-up by about $200m in operating cashflows in the year to January 31, Greenwood said. Penno said that strength should allow the group to debt-fund the Pokeno development without getting uncomfortable on debt levels. Synlait had been talking to potential milk suppliers in Waikato and was pleased with the level of inquiry. The growth in infant formula manufacturing meant that during the half-year Synlait had to onsell about 3.3 million kg MS to other milk processors because it ran out of processing capacity at Dunsandel. Further efficiencies in infant formula production and the new everyday milk plant would use up a good part of that in future but the surplus would remain till those projects were fully ramped up, Penno said.
Port strike is not a problem - yet
Autumn looks close to normal Richard Rennie richard.rennie@nzx.com
to the United States. The Grass Fed-branded product is already selling well in Australia and sales through the Daigou channel to China are starting. The United States registration process has always been very tough and China has tightened its requirements. “We’re happy it’s that tough because we know it opens up market opportunities for us,” Penno said. Chief financial officer Nigel Greenwood said finished goods inventories have been reduced from 43,000 tonnes to 35,000 tonnes at the latest half-year, directly leading to a $35m gain to cashflow. “It was a fantastic first-half.” Penno said the first-half “has gone really well for ingredients and it’s a case of wait and see for the second-half”. Revenues for the six months were $439.3m, up from $288.7m a year earlier. At balance date, Synlait had total assets of $854.6m, including
Warm, subtropical air that has been feeding the North Island is likely to ease though easterlies have remained a predominant wind around most east coast regions in recent weeks. Meantime, a La Nina influence is also playing out in the background, going some way to explain the predominance of easterlies but not necessarily playing a dominant role. NIWA’s seasonal climate outlook for autumn predicts the weather is likely to be driven by warmer than average ocean waters still present around the country. That, in turn, influences surface air temperatures and the likelihood of significant rain. Duncan predicts March to May rain totals above normal in the North Island and north of the South and close to normal in the rest of the South Island. Temperatures in almost all regions are expected with 70% probability to be above average. Despite the dry end of summer coming at its start Duncan said he did not regard it as a particularly extreme period. “Overall, in terms of events there was not a lot going on with the exception of a couple of storm events. “But the way the pattern has been, it has made farming harder than it usually is.”
Alan Williams a.dubu@xtra.co.nz RURAL exporters are philosophical about shipping delays caused by the Lyttelton port strike, as long as it is back in action today as scheduled. Meat processor Anzco Foods has containers waiting to be shipped from the port and while the delay is an inconvenience at a busy production time, it isn’t a huge issue yet, general manager sales and marketing Rick Walker said on Wednesday. “We’re expecting it to be open again on Monday as the union must give 14 days’ strike notice and they have not done that but if it does drag on then it will be an issue.’’ Anzco had product to be moved every day. It hopes it can get early shipping space when the port reopens but is in a holding pattern till then. The company hadn’t yet looked to move product from Lyttelton to other ports for shipping because there was a cost to that as well, he said. Lyttelton port’s biggest export customer is Kotahi,
which handles the transport and shipping arrangements for Fonterra and Silver Fern Farms, as well as many other smaller exporters. Kotahi said the previous week it had diverted 100 containers of cargo by rail from Lyttleton to Port Chalmers and Timaru. Chief executive David Ross said the group is working closely with customers to prioritise cargo and identify other cargo that can be shifted to later dates. Lyttelton is a major wool port and exporter John Marshall & Sons has three containers waiting at the Canterbury (Cavalier) Scour in Timaru, a spokesman said. That is 60 tonnes of wool. “We’re disappointed but you can’t do much about it. We’ve declared a force majeure and we’ll have to roll over to the next vessel.” The wool was contracted for a specific date but the client understood the hold-up. Another wool exporter, Bloch & Behrens, had moved containers to Port Chalmers and Timaru, general manager Palle Petersen said.
“It’s been a bit of a juggling act but we’ve managed okay. We made sure we were well ahead of things.” If the dispute drags on the delays could be an issue for exporters in a market slipping in value because it could give customers the chance to walk away from contracts. Bloch & Behrens has a large dump store in Christchurch for greasy wool and Lyttelton is the most convenient port for that, with cost and convenience advantages. The wool sector also faces delays in the North Island because of a partial shutdown at the Cavalier Awatoto plant in Hawke’s Bay. Cavalier Wool Holdings chief executive Tony Cunningham said an electrical fault knocked the plant out on Sunday March 18 and though one of the scour lines was restored, the other would take two to three weeks to fix. The company uses the Clive scour plant as back-up in peak season, January to April, and it is in use so overall scour capacity is about 75%, Cunningham said.
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10 THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
Land values, farming must co-exist Annette Scott annettescott@xtra.co.nz THE South Island high country has real challenges ahead, Conservation Minister Eugenie Sage told farmers at a high country field day in the Ashburton Lakes area. “Here in the high country, particularly in the Ashburton Lakes region, it’s very easy to see the land form and the expansion of the landscape.
Is there a need for change in high country farming – I think there is. Eugenie Sage Conservation Minister “Those who farm and make a living here have their challenges but they are extraordinarily lucky to look at these vistas and this enormous space – nature is bigger than anything,” Sage said. But she said human pressure on the land is taking a toll and there is urgent need for New Zealand
as a nation to lift its game to look after indigenous landscapes and the plants and wildlife in them. “The Ashburton Lakes high country has been a well-kept secret until recently and now more and more people are coming to enjoy it so there are real challenges on how this high country is managed in the future.” Sage said there are about 4000 species at risk of extinction in NZ’s high country. “Unless we do better we’ll see some species extinct in our lifetime.” She likened the Ashburton Lakes to the McKenzie Basin – everyone working together, central and local government, farmers and recreationalists. “But that has failed to deliver. “Intensification has continued and that deeply troubles me.” Sage assured farmers there is a strong future for pastoralism in the high country. “But it shouldn’t be at the expense of destroying the environment.” Wearing her hat as the Minister for Land Information responsible for Crown Land, Sage said more work is needed on pastoral leases. Ecological sustainability is supposed to be given priority in
FACING FARMERS: Conservation and Crown Land Minister Eugenie Sage chats with Ashburton water zone committee member and local farmer Chris Allen before her address to the South Island high country farmers field day at Mt Arrowsmith Station. Photo: Annette Scott
farming systems is where we are driven. “It’s absolutely not all the fault of farmers but we need to look at it as a collaborative responsibility. “Is there a need for change in high country farming – I think there is,” Sage said. Of the 303 pastoral leases, 125 had completed tenure review, the Crown had bought a further five and of the remaining 173, 40 were in the process of tenure review. Tinkering with concessionary rental was of real concern, high country farmer Ben Todhunter said. “Property ownership is what makes a high country farmer resilient. “Messing around with concessionary rental is a fast way to have farmers lose confidence.” Todhunter said. Farmers need drivers to help ensure they can continue to farm
the legislation that covers pastoral leases but she questioned whether that is happening. “We have to look at how we can integrate indigenous land values with farming work. “So, I am looking at the future of tenure review and the discretionary consent framework making sure we have got a resilient future for farming and integrating indigenous value with
profitably and there is no question about farmers’ ability to farm while at the same time protecting indigenous biodiversity. “We all have responsibility and farmers no less or no more than anyone else but we do need the confidence.” Sage expressed concern about the exploding tahr population as an example of underinvestment in the control of some feral species. There are an estimated 35,000 tahr living in the central Southern Alps when for the sake of the natural environmental that number should not go beyond 10,000. “This needs urgent attention. Just because alpine areas are out of sight they should not be out of mind. “We can’t make the high country the Plains but we do have to all work together,” Sage said.
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THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
Picture it and stay Farmstrong Sam Whitelock FARMING can be a lot like professional sport – it’s seasonal, busy and results-driven. Just like in rugby, there are always going to be things you can’t control. For me it might be the ref, in farming it’s the weather, the markets, prices. Pressure is pressure, whether it’s work or sport. The good news is that there are ways you can learn to handle pressure and control how your mind and body reacts to it. Here’s a tip I’d like to share from my sporting career.
If you follow rugby you might have noticed me on the field before a game doing fake lifting and jumping.
I’m a massive fan of visualising things that help me prepare for when the pressure comes on. If you follow rugby you might have noticed me on the field before a game doing fake lifting and jumping. You’re probably wondering what on earth I’m doing. What I am doing is visualising my first tasks before the team warm up so it doesn’t take me
farmstrong.co.nz
three or four jumps to get into them. It’s the same with the passing moves we learn. There are only so many reps of a rugby move you can do before you get tired, so by visualising it – closing your eyes and going through and seeing it in your head – you can get an extra 20 reps in so it all comes back much more easily during the game. Visualising tasks like that helps you to stay calm and handle pressure when the big moment comes because you’ve seen it played out successfully in your head many times before. Visualisation is an easy technique to fit into your life. On my way to line-out training during the week, I’ll often spend five minutes on the bus visualising my starting point catching the ball. When the heat comes on I’m ready to handle the pressure. I know some world-class shearers do the same – if they’re attempting a record they’ll imagine themselves going into the pen, getting the first sheep out, using the handpiece for the first blow and also watching people applaud as they achieve the record. They’ll visualise the whole routine and succeeding so it feels natural and they are
A PICTURE’S WORTH: All Black Sam Whitelock pictures himself succeeding at rugby tasks before he takes the field and says farmers can do the same thing.
mentally ready to handle pressure. What things could you visualise that you want to succeed in for your coming year? Do you want to get a bit more active or to eat better? Do you need to get off the farm more and catch up with mates? Do you need to learn to delegate? You could visualise yourself doing these things to help you lock them in as habits to stay Farmstrong. There’s a ton of really practical farmer-to-farmer tips and videos on the Farmstrong website www. farmstrong.co.nz that will help you become a better farmer. Investing in your wellbeing now means you will have something to draw on when you are under the pump. That’ll mean a better year for you, your family and your farm. Now that’s worth picturing.
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12 THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
Forestry spread worries farmers Neal Wallace neal.wallace@nzx.com ASSURANCES are being sought the Government’s billion-tree planting programme will not gut rural communities of people and services. Beef + Lamb New Zealand policy and advocacy manager Dave Harrison said the organisation is concerned about the impact on rural communities of plantation forests, which do not require services or create jobs while growing, blanketing hill country. The organisation has not had enough information to calculate livestock numbers displaced by trees but Harrison said previous experience showed large-scale forestry reduces
TREE CHANGE: New Zealand must address its emissions and offsetting them with forests is one solution, Forestry Minister Shane Jones says.
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demand for services and businesses in rural communities. “The last thing we want to see would be large areas of hill country locked away under trees. “It needs to be targeted and encouraged on areas prone to erosion or sedimentation.” Harrison said assurances have been sought from the Ministry for Primary Industries that planting will be incentivised to areas less suitable for livestock and will not adversely impact on the rural landscape. “It is something B+LNZ is concerned about.” The Government’s 10-year plan, part of the coalition agreement between Labour and NZ First, requires 100,000,000 trees to be planted each year which officials say will require 5000ha of replanting and another 5000ha of new planting. The Government has set aside $6.5 million to fund afforestation grants of $1300 a hectare for areas of new planting between five and 300ha. Forestry Minister Shane Jones said the reaction of farmers to the programme has been mixed because, he thought, of uncertainty over the carbon price and issues with carbon farming. Climate Change Minister James Shaw is overseeing changes to the rules around carbon farming and the emissions trading scheme criteria. While he could not compel farmers to change land use to forestry, Jones said NZ has to address its carbon emissions and offsetting them through forestry is one solution. He did not think switching land use from livestock to forestry will mean a dramatic decline in livestock numbers.
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“We are in the business of using forestry to better enable the state to cope with climate change obligations and the departed Parliamentary Commissioner for the Environment (Dr Jan Wright) did advise that the best transition manoeuvre the Government could take was to expand the forest estate.” Jones said some of the planted area will be logged areas that have been left to regenerate naturally and he is aware of land in Northland that meets that criteria. Landcorp has committed to plant 2000ha over two years and Jones said iwi-owned land could also be planted, though ownership issues will need to be resolved first. The North Island’s East Coast has received funding from the $1 billion Provincial Growth Fund and Jones said part of that will be used to assess a wharf at Hicks Bay to transport logs from new planting north of Ruatoria. Gisborne-Wairoa Federated Farmers provincial president Charlie Reynolds said the Government appears to be eyeing his region for significant forest planting and he has major reservations about the area been turned into “a giant carbon sink”. But he was even more concerned at the impact of a major increase in the area of forestry on a region already struggling with substandard infrastructure. “I personally say we don’t want trees unless they give us the money first. “If they pay for the port (extensions), roading (upgrade) and get everything up to speed and future-proof it, then we would consider it.” Reynolds said some existing woodlots are not being harvested because of the lack of infrastructure and health and safety concerns preventing harvesting steep hillsides. Kawerau is an example of a rural community gutted by the boom and bust cycle of forestry. Unlike livestock or produce, when the log or timber price falls the harvesting and processing stops, which leads to job losses, he said.
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14 THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
Tough year but grain outlook good Annette Scott annettescott@xtra.co.nz THE past 12 months have been a mixed bag for arable farmers looking forward to better times ahead, Federated Farmers grains chairman Brian Leadley says. While he had parked up his harvest machinery on another season done, it wasn’t one to go in the record books. What will be on the records, right up and down the country, is the tough and challenging past 12 months endured by all in the arable sector. “Most growers have toughed it out starting right after last harvest,” Leadley said. “It was too wet and difficult to get crops in the ground and many were planted in below optimum conditions, establishment was late and then we got the heat period of 48 days with no rain in late spring and into summer.” Those challenges played out in the harvest. “On the whole, right across the board, all crop yields are back on recent years. “Obviously, there’s been some exceptional crops in pocket areas but generally it’s not been what we would have liked. “There just wasn’t the root establishment in the later planted crops then in the heat they raced ahead – while the crops hung on it’s shown out in the yields.” Growers in Southland and Otago have seen some particularly poor yields as they contended with drought then wet conditions at harvest. Crops have been quite variable in the North Island. Similarly to the South Island, crops that were planted in autumn or winter have done better than those planted in spring. On a positive note, quality had been good. “Ironically there’s been few screenings and all reports we are hearing are of some pretty good quality grain coming through.” While feed demand is looking positive there isn’t a lot moving yet, given buyers and sellers are yet to get on the same page.
HARD GOING: Like his counterparts nationwide, Brian Leadley has toughed out a challenging cropping year.
It’s an unknown basket but arable farmers are well placed to supply. Brian Leadley Federated Farmers Leadley hopes the good news in the dairy payout will flow on to the arable sector. The cattle disease Mycoplasma bovis also had potential for arable farmers to step up and supply plenty of feed, depending on what the decision is in the next few weeks around eradication and future cattle movements. “There could be increased demand for cut and carry feed, grain and grain-based silages, as
opposed to grazing, depending on what happens. “It’s an unknown basket but certainly arable farmers are well placed to supply.” There has already been some good demand for straw in the more weather-challenged parts of the North Island. With the slight upward turn on pricing continuing to hold, particularly for grain, the future is looking a little brighter for cropping farmers. Milling wheats have traditionally lagged behind in recent years but are starting to list now, tapped by international pricing and flour mills starting to show some early interest. “It’s all looking a little more positive as we plan and plant for next season but certainly after this season that started tough and finished just as tough, we are
looking forward to brighter times ahead. “The early indicators are for stability ahead and that’s key to planning now as we confirm plantings for next season.” Spot pricing is higher than it was at this time last year when Canterbury feed wheat was selling for $311/tonne and feed barley for $307/t. Latest prices are $376/t for feed wheat and $377/t for feed barley. Better prices and a decent outlook for the dairy sector should result in reasonably strong planting of cereals, at the expense of proprietary grasses where indications were for a reduction in area planted this year. Leadley said while there will be spring options available for vegetable seed, brassicas and some cereals, the bulk of
the planning and planting is happening now and paddocks for spring crops, despite being purely speculative at this stage, had to be prepared in advance to meet specialist crop specifications and to fit farming rotations. Meanwhile, in international markets, improving weather forecasts for the United States southern plains have brought prices back. The nearest dated May contract for hard red winter wheat settled at NZ$238/t on the CME market last week, compared to NZ$252/t the previous week. Similarly, the May contract for corn eased $4/t in trading, settling at NZ$203/t. Australian values have remained fairly unchanged this month as the market balanced up both its need for domestic use and how much will be available for export.
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THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
15
Potato growers heading south Potato growers and processors are moving from crowded Pukekohe to open, irrigated Canterbury. Production is rising and more contracts options are pending but will growers be better off? Tim Fulton reports. THE average retail price of potatoes rose from $1.50/kg to $2.10 in the past five years, Potatoes New Zealand says. “We’re seeing growth in the cost of potatoes in the marketplace because the pack size is dropping,” chief executive Chris Claridge said. “Small packs are being sold for more because of the presentation.” Growers will probably continue to be paid an international price but unlike others growing fruit and vegetables they aren’t wholly reliant on fresh produce, he said. The potato industry values itself at $982 million in domestic receipts of $852m and exports at about $130m.
We’re seeing growth in the cost of potatoes in the marketplace because the pack size is dropping. Chris Claridge Potatoes NZ Demand for fresh, fried and crisps is rising so Potatoes NZ wants to double the value of its exports by the end of the next proposed levy round in 2025. Potato production is heading south to Canterbury with Auckland housing and industrial sprawl spilling into Pukekohe’s living room. Canterbury irrigation storage schemes will intensify the trend in the next five to 10 years, Claridge and growers predicted at an industry consultation meeting in Darfield. Central Plains Water is laying pipes in the area and it seems likely new processing plants will appear to handle higher spud production. There is already growing competition between multinational processing firms and NZ-owned, family-run processors and
marketers in domestic retail, food service, restaurants, takeaways and exports. Two of the standout NZ firms are the South Canterbury Bowan family which grows, processes, packages and markets Heartland and the Balle family from Pukekohe with Mr Chips. Potatoes NZ chairman and Sheffield farmer Stuart Wright said farmers need to capture more of the contract price for their processed, fried and fresh products. “It’s all about capturing value. “You talk to all the big fry growers and they’re struggling because the processors give them only enough to survive,” he said at a Potatoes NZ meeting in Darfield. At best, regardless of the processor and contract, growers are paid “enough to live comfortably”. Potatoes NZ represents both farmers and affiliated trade partners including processors and seed merchants. The country’s 170 commercial growers pay 0.085% in commodity levy on their production. Next month they will be asked to vote on renewing that deal until 2025. Wright turns over about $400,000 of potato value at point of sale – about $4000 in commodity levy. He is in a minority of smaller growers. Big farmers in Pukekohe earning $20 million annually pay $170,000 in levies. As a lamb finisher and former chairman of the levy-funded Foundation for Arable Research, Wright recalls disenchanted sheep farmers axing the wool levy. Potato growers need to see levies as an investment rather than a cost, he said. In November 2017 Wright started irrigating with the Sheffield arm of the $400m Central Plains Water irrigation storage scheme. He expects to see more potatoes around Darfield where CPW is laying pipes for the next phase of its multi-year rollout. North Island investors might also see CPW’s potential. Wright understands a Pukekohe farmer recently bought the 275ha Midway Farms near Darfield.
HARD TIMES: Even big growers are struggling because processors give them only enough to survive, Potatoes NZ chairman Stuart Wright says.
Real estate marketing said Midway had mostly been in cereals, process peas, grass seed, radishes and carrot seeds. It is irrigated with centre pivots and a fixed boom and has about 3200 CPW shares. The irrigation carrot is new to Darfield but Wright predicts it will soon become the norm. “We’ll see much more of that … I reckon there will be a big push on.” Still, CPW users will have to be more profitable to afford their piped supply, he said. “The reality is, a lot of these farmers (between Christchurch and Darfield) are sheep and beef with a bit of dryland cropping. They’re going to have to go to
intensive farming to make that pay. This isn’t cheap water and they won’t be able to keep doing what they’re doing.” At the market end, seed potato merchant Kerry Hughes, managing director of Selwyn-based Alex McDonald, said his sector also battles to capture retail value. Supermarkets, food writers and cooking shows, in particular, tend to transform seed potato varieties like Agria and Nadine into general brands, lessening their commercial value to the developers. He could think of four or five potato varieties sold in supermarkets as Agria-type or Agria-cross, for example. “It’s become a brand and we struggle to replace that variety,” he said.
16 THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
Newsmaker
Breeding the perfect sheep Breeding Merinos for a perfect balance between wool and meat is no easy task but not one that daunts Jayne Rive. She views it as a journey of continual improvement and is now seeing success in the sheep on the ground. She told Alan Williams about her work.
H
ELPING farmers breed more Merino lambs able to be moved off their high-country farms for processing before winter is the goal of Central Otago stud sheep-classer Jayne Rive. She’s achieving that with half the wether lambs on the Cloudy Peak Station near Tarras she and partner George manage for her parents, and will increase the ratio as time goes on. They buy rams from the Nine Mile Stud where she manages the breeding programme. One of Nine Mile’s best clients, the Bog Roy Station at Omarama, is ahead of the pack, getting most of its lambs away before winter. That is the key to successful Merino-raising for those commercial farmers not farming specifically for wool. “It means they can focus on the lambing ewes and the ewe lambs over winter, without worrying about the wethers taking up the feed,” Rive said. “It’s a major change and one the industry needed, especially those people needing options other than just fine wool.” That provides the glamour for Merinos and traditionally makes up about two-thirds of farm income but with high meat prices and more surplus sheep sales that is now changing. Nine Mile Stud has bred the wrinkly skin out of the sheep as part of the move from the absolute focus on wool to a dual-purpose animal with the goal of a perfect balance of meat and wool. “I think we’re on the right track. The ewes have more muscle and fat and are more resilient on the hills and in drought
conditions,” she says. A lot of the young rams are sold to the high-country stations around Wakatipu. The high meat and wool prices meant this year’s Nine Mile Stud 18-month-old rams achieved record bids at the annual auction in mid-February. The stud was set up by owner Gordon Lucas in 1998, initially to provide rams for his large commercial Merino farming operations. He was an ultra-fine Merino wool enthusiast but also interested in an animal easier to farm and more productive. “We’ve completely changed the sheep over the last 20 years,’’ he says. Rive had just returned from 10 years in Australia where she went crutching then worked with and studied Merino flocks. Lucas and her father Graeme were friends and her role at the stud began from a conversation alongside a race full of sheep. “He asked me what I thought. I said this is what I would select and that was the start.” She eventually selected 200 ewes from about 5000 as the basis of the stud flock. Four or five generations down the track the flock remains the progeny of those ewes. Ram semen is brought in from Merino studs throughout Australia. Like Lucas, Rive is proud of the animals being bred by the stud. However, despite the major changes and advances in the animal, they haven’t yet cracked the perfect balance. “I don’t think you do. Improvement is just ongoing,” Rive said. “The work becomes more
exciting and interesting and the goal posts keep moving. You try and see the future and breed to it.” What she sees is more interesting, less predictable weather patterns ahead that the industry will need to respond to. When Nine Mile Stud was started in 1998, the traditional Merino was predominantly a wool-producing animal with beautiful fine white wool ideal for Italian suits. Lambing rates were about 90% and the wether lambs, born in spring, were about a year old when they went to the works. “There was always good meat but it was slower growing. It took longer to get there,” Rive said. The sheep had more skin and it was wrinkly, helping to grow the wool. The body shape was narrow, the sheep had a good, strong constitution and that plus waterproof wool allowed it to survive on hill country. “When we started we really wanted to change the shape, to take the skin off and free it up. There was a lot of energy tied up in the skin and growing wool.” A crucial time for Nine Mile came in 2004 with two major advances. The team started eye-muscle scanning. It was a feature Merino were light in and scanning led to breeding improvement in meat and fat content in the animal and got the shape right. In the same year the Australian Estimated Breeding Value (AEBV) was adopted. “This was the start of our big focus on the values we could not properly measure before, such as carcase and growth patterns, so we could bring the growth patterns forward. We could
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RIGHT TRACK: The ewes have have more muscle and fat and are more resilient on the hills and in drought, Jayne Rive says. Photo: Tui Willson, Infinity Images
compare an early-born single with a late-born twin and analyse everything and get everything on the same page.” At that time Rive was also realising farmers needed more options for their Merino flocks like the ability to get lambs away earlier, in the autumn, and having ewes going to the ram without having to be flushed. She’s very satisfied with in the gains in pre-winter processing. Reducing the skin area had been a major part of that gain. Breeding a more efficient ewe was important. “We had to watch how much feed we were pushing into the ewes and pushing their growth. We still need to be careful they’re not getting too big so that a ewe is not spending the whole time eating for herself.” As part of this work Rive watches the crossbred sheep sector closely. “They are way in front of us in getting really efficient ewes.” Lambing rates have increased
significantly, including the twotooth performance, and gains will continue. Bog Roy Station owner Gundy Anderson is one of the major buyers of Nine Mile rams. His perfect ram has a “long staple, great depth of twist through the hind-quarter and is clean through the points”. It sounds very technical but mainly means strong wool growth, for twice-a-year shearing, but no wool close to the ground, such as on the leg, which is helpful for efficiency. The depth of twist is harder to explain but effectively means a full rear-end rather than a long, narrow shape. Autumn is a busy time onfarm, checking the ewes, their progeny, stud records and breeding values as part of the selection programme matching ewes and rams in the start-of-May mating season. Rive is excited about the qualities of the latest semen import from Australia. “Sheep breeding is all about the journey,” she says.
New thinking
THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
17
Helping to unlock leather secrets Research into leather aims to find out why collagen makes it strong. It could also make tanning more environmentally friendly and provide insights for others, such as those in medical fields, who also use collagen. Richard Rennie spoke to award-winning researcher Yi Zhang.
I
N THE multi-billion-dollar global leather industry New Zealand is a minnow but a local researcher has received recognition in an international award that will do much to help push local work on the textile further into the spotlight. Yi (Ethan) Zhang, a researcher at the NZ Leather and Shoe Research Association in Palmerston North received a €€1500 grant for his work into leather research from the International Union of Leather Technologists and Chemists Societies. The formal description of his work, a mechanistic study on the effect of natural-artificial crosslinks on tensile strength using small-angle neutron scattering, can be put more simply. It aims to determine what makes leather stronger once it has been treated in the tanning process.
At the core of Zhang’s work is a study into cross-links that act as a bridge between collagen molecules in leather. “Some of these will occur naturally in the structure but some are added during the tanning process by the compounds used. A key product used in the tanning process is chromium sulphate, which increases the strength of leather cross-links. “It also adds a high thermal stability to leather but there are environmental issues that go with using it in the process. Our research aims to better understand the hows and whys of leather cross-links and the way they affect the strength of leather with chromium sulphate use. “Ultimately, we are hoping we can determine what the optimal level of chromium sulphate is to use so that it is not over-used in the tanning process.”
The researchers also hope their work will lead to the development of new tanning agents that incorporate the cross-linking chemistry in a more environmentally friendly manner. Chromium sulphate is generally regarded as safe, as the crosslinks are fixed in the leather matrix. However, if it leaches out in soluble forms it could be oxidized to hexavalent chromium and potentially lead to health concerns. Zhang said related work of the research group is already discovering some interesting aspects during thermal denaturation of collagen in leather and that not using so much chromium can still achieve the same level of leather quality in the process. “The challenge for us as researchers is that we are trying to find out why the compounds work,
BENEFITS: Yi Zhang is among researchers trying to find out why collagen strengthens leather, work that could have implications for a broad range of applications including medical practices.
something that has never really been fully understood.” Other work has included studying collagen, the main structural protein in the connective tissue of animals and humans and, by default, in skin and leather. It is the most abundant protein in mammals, accounting for 2535% of the body’s whole protein content. “Collagen has broad applications in medical areas including drug delivery and wound healing. “We hope our fundamental research will increase our
knowledge of collagen structures, their extraction and their application across a wide range of fields.” Zhang said increased pressure on the tanning industry to clean up its environmental footprint is increasingly focused on solving the problems from the source, while also trying to improve the functionality of leather as a product. “We are also looking at a way to improve the traceability of leather. “NZ leather generally is regarded as very good quality and there is still a lot of potential there for us to build on that.”
Researchers putting value back into pelts for farmers Richard Rennie richard.rennie@nzx.com AS WOOL continues to struggle another by-product of the buoyant sheep meat market could provide farmers with a valuable boost to farm incomes, should the industry decide to take a lead on its future. Pelts are a much maligned part of the income equation for farmers, often relegated to an average payment that makes no allowance for the variation in
quality that inevitably exists. But Leather and Shoe Research Association director Geoff Holmes is adamant changes in consumer demands, New Zealand’s inherently high-quality pelts and the product’s natural qualities could see things change. “We have supported research on the fringes of the FarmiQ programme which has meant we have been able to access information from two mobs with very good genetic profiles. In one flock 60% of the skins were
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suitable for high grade shoe leather.” The work with FarmiQ has identified how breeding traits of weaner and carcase weights deliver a strong heritability correlation to skin quality. “By committing to this big project there is huge potential to identify those traits and deliver value back to farmers.” He suggests the industry reconsider an updated version of the Quality Enhancement Project, a bar-coded tagging
system tested in Hawke’s Bay about 25 years ago. NZ lamb pelts are part processed for sale on the commodity market then processed into leather offshore, nowadays largely in India and China. “It is a very dynamic market with a lot of downward pressure on prices over the years and demand is slower in the fashion sector. “The footwear market is where more stable growth prospects
9
lie for NZ leather from lamb pelts, given that market is not as fashion-driven as the leather garment market.” The association is working with a processor and two local shoe companies on treatment and processing of NZ pelts for local manufacture into final products. “With a strong identity to NZ products there are customers in countries who would prefer to buy in NZ, compared to some of the alternatives available.”
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Opinion
18 THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
EDITORIAL
Fonterra must put farmers first
F
ONTERRA’S leaders can rightly expect some robust debate and tough questioning from farmers at its series of shareholder meetings following the release of its interim results. The instinctive reaction is to ask why Fonterra is making a loss when the dairy industry generally in New Zealand is going gangbusters and new processing plants and packing facilities are popping up all over the place. However, to be fair to Fonterra, it has legal obligations, such as those to supply milk to competitors and to collect milk, that don’t limit other companies. Although it can adjust its product mix, it can’t pick and choose and single out lucrative products the way its competitors can. That’s not to say, though, that farmers and investors don’t have legitimate concerns. They are entitled to ask if Fonterra is getting the best it can from what it’s got. The answer to that is clearly no, particularly in the case of Beingmate, which Fonterra’s leaders themselves describe as unacceptable. The Government is now doing a wide review of the DIRA and the dairy industry. That and the pending departure of Fonterra chief executive Theo Spierings make it a good time for Fonterra to have a review of itself from its basic philosophy – that being as simple as to best serve the interests of its farmer suppliers, though that is blurred by its obligations to investor shareholders – to its marketing and overseas investments strategies. With Beingmate on their minds, farmers will want to know what they can expect from a deal with South American firm SanCor and the possibility of offering co-op membership to Australian farmers. These are decisions not to be taken lightly and Fonterra must tell its Kiwi farmers how these things will benefit them. One of the most common criticisms from farmers is they don’t know what’s going on. Fonterra’s results announcement recognised that but said it was limited by market rules on what it could say. Despite the existence of investor shareholders Fonterra’s first duty is still to its farmers. Without those farmers there are no profits for its investors.
Stephen Bell
LETTERS
Wool puts Feds out of touch PENNY-PINCHING is hurting wool, quoting Simon McAtamney (March 12) has got right up my nose, though technically I agree in principal. For you to highlight that lamb and mutton schedules are currently high, so this should cover wool’s dismal return, highlights how out of touch Federated Farmers is with running a farm. I compare this to a trucking company receiving $2 to deliver a lamb to the freezing works then telling them it is to be reduced to 80 cents and next year down to 20 cents and you can cart super or metal to cover the slack and upgrade your trucks as well. They will be over the moon, just like us wool producers, doing cartwheels in fact. Us farmers are sick of you so-called industry leaders
(Beef + Lamb also) telling us to tweak and increase our output to stay profitable. You use words like could get an extra 50c/kg at sale time, could get 50c/kg less. Up 50c to $2/kg coarse wool has got me very excited, Simon. A friend of mine last year sorted his Romney lambs’ wool very well and shore his blackface lambs the same day as an unsorted all-in line and received more $/kg for the blackface wool. What are you paid to do Simon and how much? You so-called industry experts/leaders need to pull your finger out of where-ever it is stuck and look to the marketing end or you could end up like the extinct Wool Board Hardly anything left to tweak and fed up with the blame and fixing being on me.
Terry Smith Taihape
Honey not ours RE YOUR front-page pointer, Let’s do more to protect exports (FW, January 22). This is another way of saying let’s suppress competition. The story inside tells us of iwi concerns about Aussie attempts to claim the word manuka in marketing honey from Leptospermum scoparium. These attempts are described as bizarre. But so is the United Kingdom patent authority’s ruling that only New Zealand honey producers can use the word manuka in their labelling because it is a Maori word. According to Wikipedia, evidence suggests that L.scoparium originated in Australia and dispersed relatively recently from eastern Australia to NZ.
So, seed from an Aussie tree blows into our country, the tree is given a Maori name and Aussies therefore must label it something else if they peddle the honey from the flowers. A Maori business leader is quoted as saying manuka is a Maori word with strong whakapapa so for its members in the wider honey and apiculture sector the claiming of the word is unacceptable. The word honey, of course, has a strong whakapapa too. It comes from Middle English hony and honi, which derived from Old English hunig, which had Proto-Germanic origins. The English, fortuitously for our marketing drive, have not been proprietorial or protective when either Kiwis or Aussies appropriate the word for their honey labels. Bruce Nelson Porirua
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Opinion
THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
19
Milk produced in lose-lose cycle
C
OW urine is what’s causing our nitrogen leaching problems. That learned finding was announced several years ago, which, of course, took the pressure off farmers to find ways to reduce the nitrogen with which their systems were polluting our waterways. Since then we’ve read endless articles about how cow pee dumps nitrogen on the ground at 1000 times higher concentration than anything else. Very little has been heard about how this concentration might be reduced. And then I read a media release from AgResearch about the great new gadgets to hang on cow tails with sensors that can tell how much nitrogen is in the urine at different times. Another article in Dairy Exporter had CRV Ambreed saying it is breeding bulls producing lower nitrogen and also telling farmers they can calculate the nitrogen figure in milk and in urine by using that MU figure that now appears on all the milk dockets. What didn’t appear in either article was a mention of the fact
that what the cows had been eating had any impact on what was coming out of the udders or in the urine. AgResearch said the sensors hadn’t actually been designed to measure MU but that their measurements to date had noted a diurnal difference in what was appearing. During the night, with no sun, the amount of sugar in pasture plants drops considerably and the amount of crude protein rises. Now, since 1959 scientists have known that crude protein is actually an ensemble of diverse organic combinations of nitrogen and later research has shown most of it to be nitrate. So, the morning pasture produces huge amounts of ammonia and lots of rumbly tums and more goes into MU and more into urine. Later in the day the sun raises the sugar levels in pasture and things return to more peaceful times and lower nitrogen levels. From material supplied by Open Country Dairy in its monthly reports, levels can range from 11 to 51 in any one day. Fonterra and DairyNZ have decided not to make things too
LINK: No mention was made that what cows are eating might have an effect on what comes out the other end.
The
Pulpit
scary or clear so they have opted to calculate the MU levels on the dockets on a three-day rolling average, which can regularly produce a figure of 30 or so. OCD initially looked at that system but then decided it gave farmers no idea of what effect different feeds would have on their MU so it gives daily results, which allow its clients to see what changes, such as introducing millet into the diet, grazing the effluent paddock or having too short a round to allow the last spreading of urea to stop affecting grass levels, can have. Now, our dairy companies produce a lot of baby formula from their milk. It has been found products from other countries, where cows are on feedlots and eat carefully mixed rations, have much lower levels of MU. To match our products to theirs, when MU levels here are high the plants add imported lactose to the product to increase the sugar/ protein ratio. To date farmers are not getting any higher price for their milk if the MU levels are low so buying molasses or other sugars to rev up the sugar bugs in the rumen is just
NO INCENTIVE: Farmers are not being paid extra to boost rumen sugar bugs so that is just an added cost, environmental writer Sue Edmonds says.
an added cost, as is the cost of the lactose to the milk plants. Sounds like lose/lose to me. DairyNZ is doing much-touted work with different pasture plants such as plantain and even plant mixtures. But nobody is suggesting the 800,000 tonnes of urea now being spread each year to grow enough pasture might be the basic cause. Nor is anyone, seemingly, noting that it is becoming accepted that 10-15t/ha of pasture growth is adequate to make a profit when in the 1980s MAF figures showed 15-18t/ha was the average growth, anywhere in Waikato at least. So, more urea, less pasture, more dirty water and continuing carbon reductions from a lack of humus. Recently I bought a book published in 1962 by renowned
Stay Farmstrong. Hang Out With Your Mates. Connecting with your mates is a massive part of keeping well, whether you’re farming or playing rugby. Sharing the ups and downs of life helps you keep things in perspective and recharge your batteries. So whether it’s hunting, fishing, playing sport or just having a barbie, make sure you catch up with your mates this summer.
British food scientist Magnus Pyke called The Science Myth, in which he debunks a number of aspects of what he calls the Technological Age. By this, man has been encouraged to conform to a unanimity of ideas, expressed in skilfully psychological advertising and mass production of foods, machinery and attitudes to work. I can but guess that the selling of chemical fertilisers and the rubbishing of Nature’s creatures and systems has had a fair degree of success 55 years later.
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Opinion
20 THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
Agency out of touch with province Alternative View
Alan Emerson
THE Transport Agency has finally announced an alternative for the closed Manawatu Gorge. The process, background and timeline provide ample evidence of a hidebound Wellington bureaucracy having little knowledge or understanding of the regions. The sorry saga goes back to 2011 when the Gorge was closed for a full year. The alternatives, the Pahiatua Track and Saddle Road, weren’t up to the task so the agency decided to do some upgrades. That was all well and good except that the Gorge was closed and so, for parts of the day, were the two alternatives. The agency had years to upgrade the alternatives and didn’t, obviously because it didn’t consider them important. Then the Manawatu Gorge opened again and did the agency upgrade the Pahiatua Track and the Saddle Road? Hell no. It would have been obvious to the most ignorant that the Gorge would be closed again so when it was open would have been the ideal time to develop the Track and the Saddle Road. That it didn’t is an indictment of
even an ethereal bureaucracy like the agency. Then in 2017 the Gorge was again closed, this time for good. Transport from east to west and vice versa was again confined to the sub-standard Saddle Road and Pahiatua Track. People waited in rapt anticipation for an answer from the agency, only to be frustrated by increasingly missed deadlines. It obviously wasn’t important to it. If some wit told it the Gorge was in Wellington or Auckland I’m sure we’d have had instant satisfaction. Now we have an alternative, one six years in the making and that, in my view, is a best-case scenario. It is totally unacceptable. Talking to locals was really interesting. “NZTA are impossible to deal with.” “There were only two real options, the rest were a smoke screen.” “The Saddle Road is unsafe, there are many accidents on it.” “The Pahiatua Track is long and tortuous with only one passing lane each way.” For the record, the single passing lane travelling west to east is near the end of the road and really short. I also read that the Gorge closure was costing Palmerston North $60,000 a day. Over the six-year waiting period the cost by my maths is $131,400,000. That’s a body blow for provincial New Zealand. In addition, consider all the extra petrol and diesel we’re
NOT ON: Taking six years to build an alternative to the closed Manawatu Gorge road is unacceptable.
using getting round the Gorge and the global warming that is encouraging. So the alternative is a road, six years in the making and costing a maximum of $560 million. That’s a paltry sum when compared with roads elsewhere. For example, late last week we read taxpayers are going to have to fork out $1 billion for an extension of the Kapiti Expressway to bypass Levin. Why would you? The bill for the initial expressway was $630m. Such was the workmanship it had to be repaired within eight months. Unbelievably, the expressway didn’t reduce commuter times but increased them by 10 minutes.
They’re also going to spend another $330m on the final 13 kilometres. That’s linking up with Transmission Gully that, according to the Greens, was going to cost over $1b. Then, in the stupidity stakes, the agency donated $100,000 of your money and mine to decide a name for 18 kilometres of highway that is no longer part of SH1. So money isn’t a problem for the agency, priorities are, especially when it comes to the Manawatu Gorge. Putting it in perspective, all the billions spent on getting north of Wellington have been spent for one simple purpose, to make commuting by car easier.
That it’s made commuting times longer is an indictment. It is important to factor in an excellent commuter train service. People don’t have to use their cars, they choose to. Conversely, the Manawatu Gorge is a critical link between both sides of the North Island. Having driven through it hundreds of times you can guarantee you’ll be stuck behind a truck. It is not a discretionary route as the Kapiti Expressway and Transmission Gully are. It is a vitally important link for our primary industries. It provides a highly productive path for our valuable exports. Phil Twyford is the Minister of Transport who comes across as a capable minister. He did fill me full of horror recently, though, when he deferred decisions to the agency. That is totally wrong. They got away with weak ministers over nine years and need a strong person to take charge, kick butt and take names. As I’ve said, I believe they are an incompetent, hidebound bureaucracy totally out of touch with the provinces. What I want to happen is for the Government to take control as it did as a result of the Kaikoura earthquake and get the job done and now. Six years is totally unacceptable.
Your View Alan Emerson is a semi-retired Wairarapa farmer and businessman: dath-emerson@wizbiz.net.nz
The spinning of democracy From the Ridge
Steve Wyn-Harris
CAMBRIDGE University has suddenly come to the fore in the media for two quite different reasons. I had an English grandfather who attended the university, and even ran in the early 1920s against some of those depicted in that Chariots of Fire movie, but he also spent a great deal of time learning to climb on the roofs of the university which stood him in good stead later. But this story is not about him. In fact, the first part is about Cambridge Analytica, who don’t actually have anything to do with the university but chose the name because it made the Londonbased company sound more authoritative. At the time of writing it has just come to light that the folk behind this shady company have been acting as the mercenaries of the digital world. Facebook is implicated in this
and this story has a lot more to come out, I suspect. It appears if you had enough money, you were able to hire them to influence an election in your favour. One might think that is no different than what political parties do now with advertising agencies and the like creating spin, but this is far more manipulative and worrying. If the obscenely rich can pay to sway public opinion, the whole basis of democracy begins to crumble, and we may as well not bother. This company obtained, probably illegally, data from Facebook from people who had done a personality quiz (which did come out of Cambridge University) and then used those users’ friends networks to profile people and then individually target all of them to manipulate their voting decision-making. Our old mate Trump’s team used the services of Cambridge Analytica very successfully. It was engineered by Steve Bannon. They created psychological profiles of 230 million Americans, then worked on them to vote for Trump. And it worked! It is now looking likely Cambridge Analytica was also involved in swaying the Brexit vote, and was funded by Russians.
President for life, and possibly longer, Putin has been having a great run of successes in recent times and must be very pleased with himself. But let’s finish with something more uplifting. Well perhaps not if you were Professor Stephen Hawking and his family, but I’d like to make mention of this remarkable human being. There are not too many of us who are admired globally and then globally missed when we go but Mandela, Mother Theresa and Hawking are three that come to mind. Hawking, of course, died a couple of weeks ago. He began his academic career at Oxford but did his graduate work at Cambridge University in the early 1960s and remained there. He was undoubtedly a genius with his theories and work around astrophysics and cosmology. Many of us bought his book ‘A Brief History of Time’ in 1988 and were somewhat flummoxed but I can see my copy from where I sit. I’m determined to reread it now and see if I’ve got any cleverer over the passage of thirty years. One would hope so but possibly not. However, many of us admire him more for how he battled the debilitating motor neurone disease that began when he was
GENIUS: Professor Stephen Hawking – globally admired, globally missed.
just 21. This cruel disease slowly and steadily robbed him of his physical abilities and yet he carried on using that magnificent brain throughout his 76 years. At the time of his diagnosis he was told he might only live another two years. He remained incredible productive and clever to the end, despite not being able to do much other than blink. I like the story of how in 2009, to prove his theory that time travel into the past is effectively impossible, he held a party open to all. There was champagne and
hors d’oeuvres so who among us wouldn’t want to attend? He sat in the room with the booze and food all on his own and no one turned up. He publicised the party afterwards, knowing only time travellers would know to turn up, and yet they didn’t bother. I like that. His ashes will be buried in Westminster Abbey near Isaac Newton and Charles Darwin.
Your View Steve Wyn-Harris is a Central Hawke’s Bay sheep and beef farmer. swyn@xtra.co.nz
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NITHDALE STATION
As a part of the Alliance team, we can offer you an opportunity to work in a technology-focused, top end finished product environment where you can add real value to your farmer clients. Because Alliance is 100% NZ owned, the co-op direction is transparent, providing genuine job security. To support the growth of Alliance’s business, we now wish to appoint an Otago based Livestock Representative. Your territory will be defined by your location and relevant farmer networks. The purpose of this role is to procure livestock for our processing plants and facilitate store stock trading among our shareholders. You will build and maintain strong and effective relationships with both our existing and new suppliers. Competencies required to be successful include: • Understanding of livestock farming life cycles • Agronomic, finance, procurement, animal genetics or other relevant experience • Desire to fully serve and support our shareholders and suppliers • Ability to work in an autonomous and sometimes pressured environment • Relevant tertiary qualification – preferred • Good communication, negotiation and people skills This is a permanent, full-time position which will pay an excellent salary plus annual bonus, full private use vehicle and other tools of trade to the successful applicant. To discuss this role in confidence, please phone Deb Francis on 021 2245000. Otherwise send your CV with covering letter via www.agrecruit.co.nz by Thursday 5 April 2018.
We specialise in agri-business
Sharefarming Opportunity c/o Peer Review PO Box 77 Gore 9710 or email: brendon.harrex@peerreview.co.nz
www.nithdale.com
EARLY DEADLINE NOTICE! Get your April 2 Farmers Weekly bookings in by midday Tuesday March 27.
www.agrecruit.co.nz
Dairy Equity Manager Opportunity – Manawatu
Manager required for a 1500 hectare sheep and beef breeding block.
An outstanding 370ha property 15km north east of Feilding has been made available by the current owners who are stepping back from the day-to-day running of the property. Developed over the last 30 years into one of the most admired properties in the region by doing the simple things well – but there’s plenty of “blue sky” in it for the new partnership moving forward. Advantages here start with high quality and versatile soil types that allow for supplementary feed or cash crops to be grown on farm. A focus on soil fertility and pasture renewal ensures this place grows a lot of grass. There are cost and production efficiencies throughout, including the smart 80-bail rotary sitting in the middle of the property flanked by high quality calf rearing facilities and sheds, a gravity driven effluent system and water reticulation, as well as a 500-cow feed pad. Three well-presented recently renovated homes are available for use by the farming team. With a 370ha milking platform operating a split calving system of 900 spring calving cows and 350 autumn calving cows, the farm can produce in excess of 400kg/MS/cow. Options for schooling are abundant in the local rural community or Feilding and Palmerston North. With a proposed start date of the 1st June 2018 and flexibility in the investment options, this is an opportunity that does not become available in the Manawatu often. For more information please send your enquirIes to: natalie@bakerag.co.nz
Good house with school bus at gate. Apply to Ken Duncan 06 322 8140 or send CV to Puketoi@inspire.net.nz
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Hunterville hill country 20km from town.
GENERAL HAND Pukepoto Whenua
We are looking for a motivated and energetic individual who can demonstrate prior knowledge in fencing, tractor, water reticulation, general maintenance and stock work. If this sounds like you please phone 027 391 7042 for an application.
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Pukepoto Farm Trust located on Ohura Road 20 minutes north of Taumarunui and 40 minutes south of Te Kuiti offers a great opportunity for a General Hand to join a successful farming entity to work alongside the Manager and Senior Shepherd of our 1,054ha (effective) hill country farm.
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MANAGER REQUIRED
SHEPHERD GENERAL Bullock Hills is a 1994ha, breeding and finishing, hill country property run on two blocks. We run 15,000su comprising of Romney ewes and Angus cows. This is a new position created by recent expansion of the business. The position requires the successful applicant to have: • A good work ethic • A positive attitude and ability to get on with others • 3-4 reliable dogs The job is based on the home block (10 minutes from Pahiatua, 45 minutes from Palmerston North) but you will also be required to work alongside the Block Manager on the other property when necessary.
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We offer good working conditions and a competitive salary package. There is a two bedroom house with a two car garage and an additional room. If you think that this is the job for you or require more information, please contact Patrick 06 376 3909 or Michael Beech 06 376 7759. Or email mabeech@farmside.co.nz ( CV with two referees required) Applications close 15th April 2018.
Livestock Buyer Taupo As a Livestock Buyer, you will be responsible for the selection and procurement of the stock that AFFCO processes. Based on the road, this role allows you to be involved in the farming sector and work with livestock whilst exercising your business skills. This position would suit an organised and motivated individual who plans thoroughly and builds great relationships to achieve success. To be considered for the role, you should have the following: • A solid knowledge of sheep and beef; proficiency in assessing stock • Knowledge of dairying • Confident in handling large volumes of stock and the relationships that come with it • Good decision-making and negotiation skills • A background in Agriculture or the rural sector • Good people skills and the ability to relate to a wide variety of clients Experience in livestock procurement or sales experience in an industry serving the farming community is essential. A company vehicle will be provided. You must be willing to relocate to the Taupo area. Remuneration will be competitive to reflect skills and experience. Applications close at 5pm on Thursday, 5 April 2018. If you believe you are the right person for this position, or for more information on the role please send your CV and covering letter to gerald.scantlebury@affco.co.nz or contact 021 946 201. You must have a valid residency class visa to apply for this role.
www.affco.co.nz
A physically active person sought for breeding and finishing properties. The successful person will be able to work on all aspects of farm maintenance including fencing, tractor and stock work as well as hand-piece work. LK0092060©
Must have current drivers licence. No house available. Feilding area.
Phone Geoff Corpe 06 328 9642 between 8.30pm and 9.30pm.
General Manager Join a company that fuses farming and science and who are poised for their next growth horizon. • Growth and expansion heading toward 2040 • Strategic operations and planning oversite • Marketing that is forward-looking • Sustainable financial management and integrated business systems • Service delivery for new and existing business units • Developing multi-national relations and sustaining productive relationships • Human resource leadership • Health & safety • Property management • Quality control
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The Co-op procurement growth strategy is centred on adding extra value to our farmer suppliers. We now offer many new benefits both directly and through our business partners. These include access to information around international market trends, yield improvement advice, financial offerings, video imaging analysis and other technologically advanced tools.
An exciting sheep and beef opportunity on a diversified property in Eastern Southland. Nithdale Station is a progressive family farming business with variety. The Station is made up of a commercial Sheep/Beef unit (including dairy support), a sheep stud operation, a dairy unit, forestry and a farmstay. The farm is located in the hills, 15 minutes from Gore in Eastern Southland. The sheep and beef farming business covers 1,229ha, with a commercial sheep flock of 3,500 ewes, a beef herd of 100 cows, finishing cattle from the beef herd and dairy unit and dairy support. The opportunity presented is for a full responsibility sharefarming contract. Expressions of interest should be made by forwarding a copy of your CV to the address below by 15 April 2018. Further details on the opportunity will then be provided. AH0091980©
Alliance Group is New Zealand’s only major red meat co-operative, owned and supplied by skilled and passionate Kiwi farmers. We’re committed to being a global leader in procuring, processing and marketing the world’s best quality red meat products. By putting farmers at the heart of everything we do, we understand what’s important to our people throughout the entire supply chain.
Farmers Weekly
Required for sheep and beef farm
Sheep & Beef Sharefarmer Opportunity
Otago
General Hand
YOU MUST bring relevant Agri industry experience. A knowledge of emerging industry technologies will be an advantage. For a full job brief see our ad on Seek: https://goo.gl/Cb2HHS Rachel Shepherd 021 118 2765
CONTRACT MILKER – MORRINSVILLE • 720 cows • Good infrastructure and systems • High performing business This prime Waikato dairy farm needs a competent contract milker for next season. This is an intensive operation and offers the challenge of getting the best performance out of the cows, pasture and all feeds available. The opportunity is here for the taking, for the right person. A contract milker who is sharp, proactive, adaptable and can keep the system humming. Your ability to manage a positive working relationship with your staff and the supportive, friendly farm owner who lives on farm but is away for extended periods at certain times of the year will be as important as the technical farming skills you bring to the role.
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Livestock Representative
Encouraging fulfilment through teamwork and innovation
23
Visit our website for more info and to register your interest. Applications close Thursday March 29th 2018.
www.no8hr.co.nz | ph: 07-870-4901
Trainee Farm Manager, Dairy Sheep Based on the western shores of Lake Taupo, Waikino Station is the home of our brand new, state of the art dairy sheep conversion, and the base for the genetic improvement programme for Maui Milk. The property incorporates 770 ha and has stunning lake views, bordered on all sides by native bush. In spring 2018 we will milk the progeny of semen and embryos imported from Europe in 2017. This is the first infusion of new dairy sheep genetics into NZ since 1992 and includes East Friesian bloodlines from the UK, and 45 Lacaune sires direct from the world’s leading dairy sheep programme in France. We have also sourced Awassi rams. We are looking for an educated and ambitious person to join the team and learn every aspect of this exciting new industry. The primary role of our business is the development of the genetics and farm system to provide a template for new conversions. Two or three years on this property will fully equip you to be a Farm Manager in dairy sheep, and your CV will be enormously strengthened regardless of what you choose to do in the long run. Perhaps you have experience in cow or goat dairy, or sheep & beef. All livestock farming experience is relevant to what we are doing, and we also have input from our seasonal staff, most of whom come from the dairy sheep industry in Europe. You will be involved in mustering, milking, lamb rearing, nutrition, weighing, cropping, and every other farm activity. What sets us apart is our enormous commitment to genetic improvement. We have three Genetics specialists on the team, we have by far the greatest range of genetic material in the NZ industry, and we are running a world class breeding operation, incorporating Electronic Milk Meters, DNA testing, AI and Embryo Transfer. If you are excited by this opportunity, please email a letter and CV to petergatley@outlook.co.nz. Southern Cross Dairy Sheep Technology Ltd.
AD0092007©
THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
Classifieds
CRAIGCO SHEEP JETTERS. Sensor Jet. Deal to fly and Lice now. Guaranteed performance. Unbeatable pricing. Phone 06 835 6863. www.craigcojetters.com
ANIMAL HEALTH www.drench.co.nz farmer owned, very competitive prices. Phone 0800 4 DRENCH (437 362).
DOGS FOR SALE HEADING DOG Well bred. Answers to whistles and verbal commands. 2 1/2 years old. South Island. Phone 027 228 6034. HUNTAWAYS, HEADING Handys. View online/ onfarm. Delivering NZ wide. Guaranteed. Trial. Trade ins wanted. 07 315 5553. Mike Hughes.
FOR SALE
ANIMAL SUPPLEMENTS APPLE CIDER VINEGAR, GARLIC & HONEY. 200L - $450 or 1000L - $2000 excl. with FREE DELIVERY from Black Type Minerals Ltd www.blacktypeminerals. co.nz
ATTENTION FARMERS www.gibb-gro.co.nz GROWTH PROMOTANT $5.85 per hectare + GST delivered Brian Mace 0274 389 822 07 571 0336 brianmace@xtra.co.nz MANUKA SITES REQUIRED in the North Island. Top dollar paid to land owners. Proven performers with sound experience in the industry. Interested in building long term relationships. Contact 027 826 6278 or email: hardyhivezzz@gmail.com
FORESTRY
PERSONAL
WANTED
SINGLES BECOME COUPLES at Countrywide Network. We know so many genuine women and men all seeking their special partner. There is no need to be alone when someone wonderful is waiting for you! In town or on the land. Real People not computers. Totally confidential. Seniors welcome. Phone 0800 424 318 toll free. Countrywide Network – Matchmaking since 1989.
NATIVE FOREST FOR MILLING also Macrocarpa and Red Gum, New Zealand wide. We can arrange permits and plans. Also after milled timber to purchase. NEW ZEALAND NATIVE TIMBER SUPPLIERS (WGTN) LIMITED 04 293 2097 Richard.
GOATS WANTED GOATS WANTED. All weights. All breeds. Prompt service. Payment on pick up. My on farm prices will not be beaten. Phone David Hutchings 07 895 8845 or 0274 519 249. Feral goats mustered on a 50/50 share basis.
GRASS SEED
SELLING
SOMETHING?
TAMA GRASS SEEDS for sale. Excellent test. Buy direct from grower at $1.50 per kg plus GST. Phone 027 721 0838.
0800 85 25 80
GRAZING AVAILABLE
DOGS WANTED
DAIRY GRAZING available 440 acres in Taumarunui flat to rolling. Contact nilsreiten@gmail.com, phone 022 398 9705.
12 MONTHS TO 5½-yearold Heading dogs and Huntaways wanted. Phone 022 698 8195. NEED QUICK EASY cash? No one buys or pays more! Buying over 350 dogs annually! Running to fully broken. No trial, breeding or bringing back. 07 315 5553. Mike Hughes.
FERTILISER DOLOMITE, NZ’s finest Magnesium fertiliser. Bio-Gro certified, bulk or bagged. 0800 436 566.
EARLY DEADLINE NOTICE!
FW
Contact Debbie Brown DDI: 06 323 0765 0800 85 25 80 classifieds@nzx.com
RAMS. SOUTHDOWNS AND Suffolk/ Southdown X for heavy fast growing lambs. Suitable for Hogget mating. $250- $500. Phone 06 357 7727 or 021 133 7533. RAMS. HILL COUNTRY Perendales. Easy care with good size and quality wool. $250-$500. Phone 06 376 4751 or 021 133 7533. DEER FOR SALE. 200 MA Capital Stock hinds C10. 40 MA Capital Stock hinds with velvet genetics C10. 40 MA Velvet stags. WANTED to buy - Weaner deer. Phone Rangeview Farm Services Ltd. 027 246 4060 Dave.
PROPERTY WANTED HOUSE FOR REMOVAL wanted. North Island. Phone 021 0274 5654.
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Get your April 2 Farmers Weekly bookings in by midday Tuesday March 27.
LIVESTOCK FOR SALE
PUMPS HIGH PRESSURE WATER PUMPS, suitable on high headlifts. Low energy usage for single/3-phase motors, waterwheel and turbine drives. Low maintenance costs and easy to service. Enquiries phone 04 526 4415, email sales@hydra-cell.co.nz
STOCK FEED MOISTURE METERS Hay, Silage dry matter, grain. www.moisturemeters.co.nz 0800 213 343.
TYRES TYRES TYRES WE’LL DELIVER FREE anywhere in NZ when you order four tyres or more. We can supply and deliver good quality tractor, truck, bike or vehicle tyres to you. To discuss which tyres suit you call direct or text Charity 021 052 6365. Waiheke WOF Centre.
WANTED TO BUY SAWN SHED TIMBER including Black Maire. Matai, Totara and Rimu etc. Also buying salvaged native logs. Phone Richard Uren. NZ Native Timber Supplies. Phone 027 688 2954.
CLASSIFIEDS Advertise in the NZ Farmers Weekly $2.10 + GST per word - Please print clearly
FW
Name:
BROMAR FW FEEDER
e s at th See u zie A&P n e k Mac nd Show Highlad April 2n D15 Site #
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94 Talbot Road, RD 25, Temuka Phone: 03 615 7097 Fax: 03 615 7097 Email: mcculloughp@xtra.co.nz
PROGESSIVE LIVESTOCK LTD
AUCTION 18th April 2018 WEDNESDAY 10:30am
AUCTION 16th April 2018 MONDAY 11:00am
A/C SJ & SA CARROLL 430 TE KOPIA ROAD, ROTORUA
A/C LJ & SM PAALVAST LTD 141 PUKETARATA ROAD OTOROHANGA
Top 2% BW in NZ
Top 4% Herd of Cows
Extra low SCC 30,000 avg 140 Xbreed cows 125 BW/148 PW 65 Xbreed IC hfrs 143 BW/146PW
30 Years of Ownership
142 x Cows Fsn & Fsn Cross BW 115/PW 143 - RA 100% Including 2 x Contract Mated Cows
36 Years of Ownership
Please contact
Please contact
Colin Old 027 870 4434 colin@progressivelivestock.co.nz
Steve Old 027 471 2801 steveo@progressivelivestock.co.nz
www.progressivelivestock.co.nz
www.progressivelivestock.co.nz
SALE TALK
The Vicar had not seen young Johnny at Sunday school, so when he found the boy beside a country road minding his dad’s cattle he thought it was an appropriate time to deliver an impromptu sermon. “A wonderful day to be out in the country Johnny.”
Email:
“Oh no,” the Vicar smiled, “God made those steers.”
Return this form either by fax to 06 323 7101 Attention Debbie Brown Post to NZX Agri Classifieds, PO Box 529, Feilding 4740 - by 12pm Wednesday or Freephone 0800 85 25 80
07 877 7881
PROGESSIVE LIVESTOCK LTD
FOR SALE Complete Capital Flock of hill-country Wairere Romney ewes farmed in North Taranaki. 100% Wairere Bred 1000 Ewes Comprising: 160 x 4th Ewes 373 x 6th Ewes 281 x 4yr Ewes 119 x 5yr Ewes 133 x 6yr Ewes All run with quality Wairere rams from 22nd March.
Johnny shook his head. “God made them bulls. Dad made them steers.”
Te Kuiti Weaner Steer and Bull Thursday 5 April 2018 Start 12 noon
• Secure sliding lid for easy access and safe operation • Wing to protect feed from adverse weather • Easily adjustable slide to regulate feed intake • Large 1.5 tonne big capacity • Comes fully assembled using Tex screws
Peter & Caroline Foss, King Country
Helping grow the country
“Dad did,” said Johnny.
FW
CONTACT
Further enquiries: Neil Common – 027 444 8745
Address:
Robustly especiall built, y suitable for shee p, cattle and dee r
Genuine full shed sheep No shearing > No dagging > No dipping >
Pouhokio Station, Waimarama 73 Angus R2 Heifers VIC 7/11 Low Birth weight Waiterenui Angus Bull Run on Coastal Hill Country TB: C10
“They are very fine steers. Do you know who made them?”
Advert to read:
>
Okaharau Station Ltd South Devon Stud, Elsthorpe 43 R4-R5yr Cows 26 R6-R7yr Cows 27 R8-R9-R10yr Cows VIC South Devon Bull 7/11 Capital Stock Registered Stud Cows Transferrable on request TB: C10
Phone:
Heading:
SUITABLE FOR BREEDING
Wednesday 4th April 2018 – 10.30am Stortford Lodge Cow Fair Approximately 1200 VIC Heifers & Cows
SITUATIONS VACANT TRACTOR/AIRSEEDER /Boomspray. Seeding. Western Australia. Urgently Required. A$23hr - A$30hr. Call or email now. RANZA Australia wide. Phone: 0061 8 9797 0249. email: ranza@aapt.net.au www. ranzaruralemployment. com.au
WILTSHIRE RAM HGTS
STORTFORD LODGE
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FLY OR LICE problem? Electrodip - The magic eye sheepjetter since 1989 with unique self adjusting sides. Incredible chemical and time savings with proven effectiveness. Phone 07 573 8512 w w w. e l e c t r o d i p . c o m
CONTRACTORS AUCKLAND-BASED E A R T H M O V I N G contractor. Rural earthworks. Subdivisions and house cuts. Roading and civil. Retaining walls. 1.5 - 24 tonne Diggers. Bobcats. Trucks. Call Keegan on 022 614 5313 or email to keegan@ thediggercollective.co.nz
1300 350 200 250 200 100 100 100
Weaners comprising: Angus Steers Angus Hereford x Steers Simmental x Steers South Devon Angus x Steers Charolais x Steers Hereford x Steers Assorted Beef Bulls
Sample weighed at 55kg liveweight on 6/3/18 Scanned 160% last season (docked 130%) All lambs prime finished to 17kg – $140 + GST Further enquiries: Stephen Sutton 0274423207 E: stephen.sutton@nzfll.co.nz
Te Kuiti Weaner Heifer Friday 6 April 2018 Start 12 noon 800 200 200 200 100 100
Weaners comprising: Angus Heifers Angus x Heifers Simmental x Heifers South Devon Angus x Heifers Hereford x Heifers
Helping grow the country
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ANIMAL HANDLING
Livestock
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24
Livestock
livestock@nzx.com – 0800 85 25 80
EARLY DEADLINE NOTICE!
Spring Calving Holstein Friesian Herd Reduction Sale Wednesday 4th April 2018 at 11am Vendors M/s A & S Henderson 3003 S/H 1, RD 2 Putaruru 3482 Ph 07 883 6852 or 027 675 1292 Sale to be held on the vendors property will comprise: 94 Spring Calving Holstein Friesian Cows. EBL Free, TB C10 (last tested 23/11/17), Lepto vaccinated
HIGH INDEXING JERSEY & JERSEY Due to a change to a predominance of calving in the CROSSautumn HERD and the recent sale of support blocks these
Get your April 2 Farmers Weekly bookings in by midday Tuesday March 27.
FW
Contact Nigel Ramsden DDI: 06 323 0761 0800 85 25 80 livestock@nzx.com
FW FW
This is a sale we recommend dairy farmers needing to purchase spring calving cows attend.
genetics & potential to be one of 250 Frsn/FrsnX BW62 Outstanding PW65 RA88% DTC 20/7 Be sure you request a catalogue from the auctioneers theshed countries leading or suppliers ofwww.brianrobinsonlivestockltd.com Genetics to 455ms/cow, rotary $1850 view on line at
230 Frsn BW73 PW69 RA100% DTC 24/7 F12-F16 I/C Jsy bulls, will split to suit $1300
Brian Robinson Livestock Ltd
sole marketing agents:
Brian Robinson BRLL Philip Webb: 027 801 8057 PH: 0272 410051 or 07 8583132 Central & Southern NI Dairy Coordinator For extensive listings for all types of dairy stock visit:
• Steers and Heifers at competitive per kg weight gain rates • Wagyu Dairy Cross - Autumn born mixed sex, min 90kg from June 2018 - Rising 1yr May to May • Wagyu Beef Herd - Weaners April 2018 - Rising 1yr April to April • Simple no-fuss agreements
FW
For further information please contact: Tim or Erin O’Brien Phone: 06 857 8305 Mobile (Tim): 0272 780 496 Email: tim@brownrigg.co.nz
PRELIMINARY NOTICE DAIRY HERD AUCTION Outstanding In Milk Jersey Herd A/c F & I Van Heuven To be held on the property 8333 SHW 27, D/N 77532, Matamata Thursday 12th April, 11am Stock Comprising of: 350 M/A Jersey cows. BW136/48, PW 138/71, RA 100%
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88 High BW PW Frsn BW119 PW122 RA100% F12-F16 Blacks DTC 24/7 to Jsy bulls $1600 Enquiries to the
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the dairy industry for years to come. Full details or www.nzholstein.org.nz available. Enquiries to the auctioneers
A Financing Solution For Your Farm E info@rdlfinance.co.nz
WAGYU CROSS GRAZING CONTRACT
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exceed 640kg ms this season. The herd is bred to
contracted to LIC the very best for CRV 2011 and LIC matings genetics with emphasis 163 Frsn/Xbred BW87 on udder and protein6.5 BVs when selecting semen • PW113 DueRA100% to calve from 16-7-12, weeks DTC 15/7 OAD herd $1900 use. Our vendors have supplied 31 bulls under AB Jersey and Kiwi for cross Lornlace name to AB companies over the last Paul Kane 027 286 9279 (North Waikato/ Northland) • Estimated to be the420 cows after non 9 years. The complete herd has been DNA profiled National Dairy & Live Export Coordinator pregnant, culls, older cows & 5%2007. rejection (G3 platform) since 46 cows on offer are A2A2 Waikato BOP • Herds Production last season 347kgs ms/cow, profiled. All sale cows have been scanned in calf to 184 Frsn Herd BW79 PW901000kgs RA91%, DTC 20/7ms/ha, AB. onNo bulls rolling are run to on thesteeper property. These are fully recordedpalm medium sized Holstein Friesian cows of Mainly young well-conditioned cows $1750farm, no meal, contoured kernel or maize very good genetic background that all carry AB calves 280 Frsn Herd BW67 PW60fed. RA94%, DTC 28/7 and are outstanding producers. Good type, 600ms/cow. •AB LIC Prem sires $1950 Young replacement stock also available
In-Calf Heifers
STORE LAMBS 25-38kgs 15 MTH HEIFERS 300-380kgs FRIESIAN BULL CALVES 150-200kgs MA HEREFORD COWS www.dyerlivestock.co.nz
GRAZERS WANTED
BW 143/50 175 Xbred BW85 PW116 RA92% DTC 20/7 the last 3 seasons has been top 10 All Production Breedsaverage for for NZ ) Tidy Frsn herd priced to sell.(in $1600 between 637-675kg ms/ cow and on target to
Central & Southern NI
430-500kgs 18 MTH FRIESIAN BULLS
20 High BW In milk empty Jersey cows. BW 154, PW 189 127 Jersey weaner heifers. BW 165, PW 141
For more details phone John Price 027 594 2544 or Philip Webb 027 801 8057
www.carrfieldslivestock.co.nz
Contact Brian Robinson 027 241 0051, Matt
Satherley 027 869 7805, Neil McDonald 027 Gary Falkner 218 8904, Selwyn Donald 027 437 8375 or Jersey Marketing Service www.carrfieldslivestock.co.nz Kevin Hart 027 291 5575 PH: 027 482 8771 or 07 846 4491
71 JERSEY
%
GENETICS
Hit the bulls-eye with advertising in the Farmers Weekly. Reaching over 78,000 rural mailboxes weekly we are the ideal space to engage with the right audience for your bull sales. Farmers Weekly also publishes an e-Newsletter while bull sales are on with top sale results from around the country, and other digital advertising options to link to your website and sale catalogue.
With loads of affordable advertising options contact Nigel Ramsden on 06 323 0761, 027 602 495 or email livestock@nzx.com to get the right solution for you.
farmersweekly.co.nz
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spring calving cows come on to the market. Run as 5 the herd outstanding producers. PW System 161/67 RAare100%
150 Xbreds BW89 PW98 RA97% DTC 20/7 345ms, 6 weeks AB, •tailedMany Angus. $1750 cows
STOCK FOR SALE 150 1YR AUT BULLS 350kgs
Ross Dyer 0274 333 381
Northland Herds
156 Frsn BW64 PW65 RA84% DTC 20/7 Off steep farm with long walks. $1575
25
STOCK REQUIRED
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THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
29
%
OTHER
GENETICS
26
livestock@nzx.com – 0800 85 25 80
Livestock
THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
Your source for PGG Wrightson livestock and farming listings
Key: Dairy
Beef
Sheep
Other
NORTH ISLAND HERDS FOR SALE
DAIRY HERDS & IN-CALF HEIFERS FOR SALE
400 Frsn/ XBred Cows BW 70
PW 115
470 Frsn/ Frsnx Cows
$1,780+GST
BW 83
•
PW 110
150 Xbred Cows $1,500+GST
BW 104
•
$1,700+GST
PW 114
•
RA89% Calving 20th July, Farm Sold, New to Market. Jason Roberts – 0272 743 1429
Calving 10th July, XBred Content of Herd. Peter Schnuriger – 0272 431 836
RA99% Calving 20th July, 35yrs One Owner. Chris Ryan – 0272 431 078
Agonline ref: 064018
Agonline ref: 063959
Agonline ref: 064011
Agonline ref: 063149
150 Frsn/ Frsnx Rising 1yr Hfrs BW 129
129 M/A Frsn/Frsn X, Frsn/Ayr X Cows
$900+GST
PW 127
BW 44/44
•
Complete Replacement Line. Richard Todd – 0274 942 544
50 2yr Friesian Cows
$1,650+GST
PW 61/64
BW 97
•
PW 103
185 2yr Frsn/Frsn X Cows
$1,750+GST
BW 88
•
PW 102
$1,700+GST
•
RA92% Capital Stock, Small Herd Milked in Cold Climate on Grass Only System. Tim Pickering – 0274 469 963
RA95% Line of R3yr Friesian Cows. Cows milked at altitude in high rainfall area. Lyle Smart – 0277 426 833
RA91% Nice Herd of 1st Calving Cows, high altitude farm. This Herd will move!! Jeff See – 0275 680 813
Agonline ref: 063418
Agonline ref: 063884
Agonline ref: 063082
NORTH ISLAND INCALF HEIFERS FOR SALE 77 Frsn/ Frsnx Incalf Heifers BW 109
60 Jsy Incalf Heifers
$1,565+GST
PW 113
BW 147
•
RA100% Calving 14th July, Jsy Bull CRL, Bull out Early. Tony Blackwood – 0272 431 858
For photos and more information visit www.agonline.co.nz
BW 96
•
RA82% Calving 15th July, Young Herd, Ave 476M/S per Cow. Chris Ryan – 0272 431 078
Agonline ref: 063742
PGG Wrightson Dairy representatives are specialists at marketing and selling dairy herds.
135 XBred Cows
$1,750+GST
PW 112
PW 121
23 Kiwix Incalf Heifers
$1,600+GST
BW 95
•
RA100% Calving 7th July, Jsy Bull CRL. Peter Schnuriger – 0272 431 836 Agonline ref: 063939
Agonline ref: 063456
PW 131
102 Frsn/Frsn X InCalf Heifers
$1,550+GST
BW 112
•
$1,550+GST
PW 111
•
RA100% Calving 19th July, Jsy Bull out 10th Dec. Dean Evans – 0272 431 092
RA100% Complete Line of well grown Frsn/Frsn X Hfrs. Lyle Smart – 0277 426 833
Agonline ref: 063178
Agonline ref: 063246
SOUTH ISLAND HERDS & HEIFERS FOR SALE
MARKET COMMENT
94 Frsn to X/Bred InCalf Hfrs
As we progress through March, sales activity is predominantly localised with the majority of herds and heifers being sold into the areas in which they were listed.
BW 91
PW 107
353 M/A X/Bred, Jsy Cows
$1,650+GST
BW 96/56
•
PW 122/70
810 MA Pred Fresian Cows
$2050+GST
RA100% Good Capacity Friesian to X/ Bred Heifers, Very Even Line Roddy Bridson – 0274 582 775
RA95% Top 5% BW & PW in Southland, No mating intervention, highly rated by LIC. Roddy Bridson – 0274 582 775
Agonline ref: 063983
Agonline ref: 063860
Reps are reporting a slight easing in price but in general this is also reflecting quality.
BW 45/32
•
PW 60/36
73 Friesian InCalf Heifers
$1,750+GST
BW 40
•
PW 49
$1,800+GST
•
Grass only cows, no OLDinputs. “Lovely uddered Cows,Svery quiet temperment.” Anton Nally – 0274 774 502
RA73% Well Grown, AB selected, Breeding Traits are Fertility, Protein, Good Capacity and Structure. John Rawcliffe – 0272 452 258
Agonline ref: 063495
Agonline ref: 063818
Herd range $1450 - $1825, R2 IC Heifers $1350 $1700 + GST
NATIONAL TEAM. LOCAL KNOWLEDGE.
PAUL EDWARDS National Dairy Manager Ph 027 442 5028
BUYING OR SELLING LIVESTOCK?
Freephone 0800 10 22 76 | www.pggwrightson.co.nz
NORTH ISLAND - FOR SALE •
Helping grow the country
SOUTH ISLAND - FOR SALE
Q 1078 – Highest index - Computer split 100 from 546 top herd - Herd BW 114, PW 149, 99%, 450ms,10/7 calv, top 1% herd, 6wks AB, $1900+gst. Call Matt 027 601 3787
R/a
•
78 fully Rec’d hfr calves, 111 BW, 118 PW, F/FX. Lyall Grant 027 229 2927
•
180 top quality cows 99 BW, 125 PW. Tim White 027 405 3088
•
Q 1079 – hfrs i/c to AB - 23 Kiwi X i/c hfrs, BW 125, PW 143, i/c to AB calv 24/7, all calved 19/8, 3 digit code, $1500 +gst. Call Brian 0272 44 0845
•
42 R3 and R4 cows, Fsn/FsnX, all mainly i/c to AI. Tim White 027 405 3088
•
Hfrs all calved by 30th July - 93 Fsn/FsnX i/c dairy hfrs, BW 78, PW 93, all calved by 30 July, calv 1/7 onwards, going south retaining all Aug + calving, capital stock, $1600 +gst. Call Hamish 027 432 0298
•
30 XB i/c hfrs, 113 BW, 126 PW. Tim White 027 405 3088
•
110 Fsn bulls for Mar/Apr delivery approx. 200kgs capped at 250kgs $3.30. Tim White 027 405 3088
•
90 Fsn R1 hfrs - 90 Fsn R1 hfrs, BW 126, capital line, $750 +gst. Call Kevin 027 434 7561
•
200 Holstein Fsn, would suit high input system. Tim White 027 405 3088
•
Top cows of herd - 100 XB, AB nom cows, BW 123, PW 156, 450m/s, SCC 120, 15/7 calv, $1900+gst. Call Ben 027 702 4196
•
40 XB i/c hfrs 115 BW. Dave Bishop 027 614 8100
•
100 Fsn i/c hfrs 92 BW. Lyall Grant 027 229 2927
•
100 Semex Bred Fsn i/c hfrs, i/c to AI. Dave Bishop 027 614 8100
NORTH ISLAND - WANTED •
75- 80 R1 Fsn dairy hfrs, top index, well grown, pay top $$$. Call Colin 027 646 8908
SOUTH ISLAND - WANTED
•
Fsn herd, 500ms/avge, herd tested. Call Brent 027 551 3660
•
200 Genuine Aut calving cows, not C/overs. Call Matt 027 601 3787
•
400 MA lease cows. Lyall Grant 027 229 2927
•
40 Holstein Fsn i/c hfrs. Lyall Grant 027 229 2927
•
200 Fsn R1 bulls for beef farmer. Call Noel 027 588 7632
•
50 half/unrecorded i/c hfrs. Tim White 027 405 3088
•
50 A2 i/c hfrs, any breed. Tim White 027 405 3088
PREDOMINATELY RISING 2ND AND 3RD CALVERS AUCTION TOP 220 COWS FROM 360 COW HERD
BRILLIANT HIGH INDEXED HERD AUCTION 300 IN-MILK FSN & FSN/JSY X DAIRY COWS
DATE: Friday 6th April, 2018 TIME: 11:30am DETAILS:
A/C: GF & F VAN HELLEMOND LTD ADDRESS: 237 Rotokohu Rd, Paeroa PAYMENT TERMS: 1 JUNE 2018
DATE: Wednesday 11th April, 2018 TIME: 11:00am DETAILS:
A/C: RICHVIEW LTD ADDRESS: 642 Piako Road, Hamilton PAYMENT TERMS: 30 MAY 2018
• Herd mated to CRV Nom Fsn 4 weeks, to calve from 18 Jul
• BW 115, PW 151, R/A 99%
• Som cell average 100,000, teat sealed annually, sold in-milk
Catalogues available from auctioneers or online. Delivery within few days from sale. Cows can be held on grazing until 31 May if farmers do not have access to properties.
Immediate delivery within a week. Provisions can be considered for farmers without farm access to remain on property till end May (require approval prior to auction)
• TB 10, BVD clear, lepto annually, HB shed, vetted in-calf
FARM SOURCE LIVESTOCK AGENTS:
• Milked once a day from Xmas, rolling dry farm
Matt Hancock 027 601 3787 & Stewart Cruickshank 027 270 5288
• Herd beef bulls out 30 December
• Cows look great, very good udders, only the best offered
• Calving from 10 July to LIC AB 6 weeks • T/off Jsy and Hfd bulls, all vetted confirmed dates • TB C 10, Lepto annually, BVD neg, som cell 100-180 avge • Production 430-450m/s/cow, rotary shed, herd tested • This herd has 30+ years of AB history • BWs up to 191, PWs up to 351
EARN FARM SOURCE REWARD DOLLARS ON ALL FARM SOURCE LIVESTOCK PURCHASES & SALES* T&Cs apply. See nzfarmsource.co.nz/rewards
*
FARM SOURCE LIVESTOCK AGENTS: Matt Hancock 027 601 3787 & Kelly Higgins 027 600 2374
Your source for PGG Wrightson livestock and farming listings HIGH PEAK STATION RAKAIA GORGE
NOUVELLE CHAROLAIS COMPLETE DISPERSAL SALE
Annual On-Farm Weaner Deer Sale Thursday 5th April 2018, 1.30pm
Wednesday 4th April 2018, 12pm
High Peak Station The Guild Family Approximate offering: 130 Hybrid Weaner Stags 140 Hybrid Weaner Hinds 350 European Cross Weaner Stags 140 European Cross Weaner Hinds 130 Rakaia/English Cross Weaner Hinds TB Status C10 All deer have been weaned 5 weeks & received 1 injectable Cydectin. These deer can be recommended to all discerning buyers for finishing, potential velveters, and breeding purposes. Light luncheon & refreshments will be available at the sale venue. Terms: Sale will be conducted purchase price plus GST. All intending purchasers must supply their NAIT number. NB: All deliveries of stock will be given Friday 6th April. Directions: Sale venue will be sign posted from the Windwhistle corner. Further Enquiries: Ron Schroeder – 027 432 1299 Hamish Guild – 03 3186853 Auctioneers PGG Wrightson Ltd
Key: Dairy PRELIMINARY NOTICE CAPITAL STOCK COW & 18MTH CATTLE SALE
On the Property: 1377 Manawahe Rd (up Greys Rd) Manawahe (signposted from SH2 & 30) Due to a Change in Circumstances, Peter & Chris Mikkelsen Will Offer Their Complete Charolais Herd For Sale. Comprising Approx: 22 MA Charolais Cows 13 2yr Charolais Heifers 5 15mth Charolais Heifers 16 Wnr Charolais Hfr Calves 14 Wnr Charolais Bull Calves 4 18mth Charolais Bulls
Cattle
Sheep
Other
PRELIMINARY NOTICE FRSN/ FRSN X INMILK HERD
Palmerston Saleyards Tuesday 24th April 18, 11.00am A/C Cressbrook, Dunback – C10 104 MA Cows (PTIC to Angus Bull - due from 15/9/18, first and second cycles, mainly Hereford with some Stabilizers). Will be sorted into age groups and breeds. 80 18mth Angus X Heifers A/C B Huddleston, Hampden – CM 40 R2 Angus Heifers (PTIC to Angus Bull, due from 4/9/18). Waimara bloodlines, outstanding lineup. 10 R2 Hereford Heifers (PTIC to Angus Bull – due from 4/9/18).
Tuesday 10th April A/C AJ Farms 69 Bowler Rd, RD2 Te Aroha T/N 76273 Sundries 11.00am Herd 11.30am Herd Comprising: 250 Frsn/Frsnx Incalf Dairy Cows • Herd BW104, PW142, RA97% • 3 Contract Mate Cows • 1400 M/S per ha • 460 M/S per Cow (System 3) 17 Young MT Frsn/Frsnx Cows Full Particulars to Follow,
The number of the MA Cows have been PICT to Cedardale Yellowstone, Sudious, Kayr Velocity, Simca Hills Vee Dub and Nouvelle General.
A/C Various Clients Approx 50 18mth Steers and Heifers
View Video at Agonline.co.nz/Upcoming Sales, - On Farm.
The 15mth Heifers have been PICT to a Jersey Bull.
Further Enquiries: Gerard Shea – 027 442 5379
Contact Allan Jones 0272 240 768
This herd has been run on a coastal hill country property and can be recommended for both its performance & structure. Further Enquiries:
FIND US ON FACEBOOK
Peter & Chris (Vendor) – 0274 969 529 Cam Heggie (PGW) – 0275 018 182
Follow what’s happening out in the field, visit: fb.com/pgwlivestock
NORTH ISLAND
AUTUMN WEANER CALF SALES PGG Wrightson are a nationwide team of local livestock specialists offering you a range of options when it comes to helping you purchase or sell stock. Our extensive network of representatives are able to buy and sell livestock throughout the country and at the best price. Our team are constantly in touch with quality breeders, rearers and finishers and can provide the right advice for your farming operation.
KING COUNTRY
WAIKATO/BAY OF PLENTY
MANAWATU
Te Kuiti Supplementary 12pm Weaner Steer & Bull Te Kuiti Supplementary 12pm Weaner Heifer Taupo Supplementary Weaner 12pm
5 Apr
Autumn Feeder Calf, Kairuru Farm, Reporoa
12pm
29 Mar
6 Apr
Autumn Feeder Calf, Kairuru Farm, Reporoa
12pm
5 Apr
9 Apr
Autumn Feeder Calf, Kairuru Farm, Reporoa
12pm
12 Apr
10 Apr
Autumn Feeder Calf, Kairuru Farm, Reporoa
12pm
19 Apr
11am
11 Apr
Autumn Feeder Calf, Kairuru Farm, Reporoa
12pm
26 Apr
Feilding Steer and Bull Weaner Sale Feilding Heifer Weaner Sale Feilding Weaner Sale Feilding Steer and Bull Weaner Sale Feilding Heifer Weaner Sale Feilding Sue Bros Weaner Sale
12pm
12 Apr
HAWKES BAY
EAST COAST Matawhero Weaner Steer and Bull Sale Matawhero Weaner Heifer and Older Cattle Sale Wairoa Weaner Sale
11am
4 Apr
11.30am 11:30am
5 Apr 12 Apr
11:30am
18 Apr
11:30am
19 Apr
11:30am
26 Apr
WAIRARAPA
Weaner Steer and Bull Sale, 10:30am Stortford Lodge Weaner Heifer Fair, 10:30am Stortford Lodge
17 Apr 18 Apr
Martinborough/Masterton 11.30am Weaner Str & Bull Cattle Fair Martinborough/Masterton 11.30am Weaner Hfr Cattle Fair Dannevirke Weaner Fair 11.30am
27 Mar 28 Mar 29 Mar
SOUTH ISLAND TASMAN Tapawera Calf Blenheim 2nd Calf Sale – Wairau, Waihopai Valley and Marlborough Sounds Brightwater Inner Region
CANTERBURY/WEST COAST 12pm
27 Mar
11am
28 Mar
12pm
29 Mar
12pm
28 Mar
12pm
3 Apr
10am
4 Apr
MIDSOUTH CANTERBURY For more information contact your local PGG Wrightson Livestock Rep or visit www.agonline.co.nz
11.30am
Glenlyon & Huxley Gorge Calf Sale, Temuka Saleyards Castle Ridge Station Temuka Eastern & Southern Section Calf Sale Temuka Mackenzie Section Calf Sale Temuka Western Section Calf Sale Hakataramea Calf Sale Temuka Fairlie Basin Section Calf Sale Temuka Geraldine Section Calf Sale
10am
6 Apr
10am
11 Apr
10am
13 Apr
10am
18 Apr
10am
20 Apr
Cheviot North Calf Sale Cheviot South Calf Sale Canterbury Park Calf Sale Ross Calf Sale Culverden 2nd Calf Sale Canterbury Park Calf Whataroa Calf Sale Canterbury Park Calf Sale Culverden 3rd Calf Sale Culverden 4th Calf Sale
OTAGO 10.30am 10.30am 10am 12pm 10.30am 10am 11am 10am 10.30am 10.30am
28 Mar 29 Mar 4 Apr 5 Apr 6 Apr 11 Apr 12 Apr 18 Apr 20 Apr 27 Apr
10.30am 10.30am 10.30am 10.30am 10.30am 10.30am
4 Apr 6 Apr 12-Apr 13-Apr 18-Apr 20-Apr
SOUTHLAND Gore Castlerock Lumsden Lorneville Invercargill Castlerock Lumsden Gore Castlerock Lumsden
West Otago Mt Benger Palmerston 1st Calf Sale Hakataramea Calf Omakau 1st calf Omarama Calf Balclutha 1st Calf Haast Calf Waipiata Calf Omakau (Cromwell Section 1st Sale) Calf Oamaru Calf Palmerston 2nd Calf Upper Clutha On Farm Calf Omakau 2nd Calf Balclutha 2nd Calf Omakau (Cromwell Section 2nd Sale) Calf Balclutha 3rd Calf
10am 1.30pm 10am 10am 10am 10am 10am 12pm 10am
27 Mar 27 Mar 29 Mar 3 Apr 4 Apr 5 Apr 6 Apr 9 Apr 11 Apr
1:30pm
11 Apr
10am 10am 11am 10am 10am
12 Apr 13 Apr 17 Apr 18 Apr 20 Apr
11am
26 Apr
10am
27 Apr
NATIONAL TEAM. LOCAL KNOWLEDGE. Freephone 0800 10 22 76 | www.pggwrightson.co.nz
Helping grow the country
MARKET SNAPSHOT
28
IN PARTNERSHIP WITH
Grain & Feed
MILK PRICE FORECAST ($/KGMS) 2017-18
AS OF 21/03/2018
AS OF 7/12/2017
MILK PRICE COMPARISON
Last year
6.0 5.5 Sep 17
Nov 17 AgriHQ Spot Fonterra forecast
Jan 18 Mar 18 AgriHQ Seasonal
What are the AgriHQ Milk Prices? The AgriHQ Seasonal milk price is calculated using GDT results and NZX Dairy Futures to give a full season price. The AgriHQ Spot milk price is an indicative price based solely on the prices from the most recent GDT event. To try this using your own figures go to www.agrihq.co.nz/toolbox
WMP GDT PRICES AND NZX FUTURES
7.10
5.60
361
360
333
NI mutton (20kg)
4.85
4.85
3.50
376
374
302
SI lamb (17kg)
7.05
7.05
5.40
Feed Barley
377
377
307
SI mutton (20kg)
4.85
4.80
3.45
238
Export markets (NZ$/kg) 8.86
8.87
8.09
274
279
UK CKT lamb leg
Maize Grain
430
430
375
PKE
273
276
241
* Domestic grain prices are grower bids delivered to the nearest store or mill. PKE and fertiliser prices are ex-store. Australian prices are landed in Auckland.
7.0
Prior week
Last year
Wheat - Nearest
242
251
228
Corn - Nearest
209
209
210
APW Wheat
384
384
332
4.5
316
Feed Wheat
322
322
308
2500
Feed Barley
357
352
276
2000 May 17 Aug 17 Nov 17 C2 Fonterra WMP
PKE (US$/t) 119
120
91
Ex-Malaysia
7.0
Prior week
vs 4 weeks ago
WMP
3190
3095
3205
SMP
1920
1895
AMF
6175
Butter
5275
Last week
3004.5 Oct Oct
Dec Dec
FebFeb
AprApr
JunJun
Last yr
AugAug This yr
Prior week
Last year
Last week
Prior week
Last year
1950
Urea
523
523
507
3.04
2.98
3.74
6125
6360
Super
307
307
317
Nth Isl 37m
3.25
3.10
3.78
5250
5500
DAP
739
Sth Isl 35m
5.05
4.85
3.90
775
775
Coarse xbred wool indicator
5.5
c/k kg (net)
250
3100 Jul
Aug
Sep
150 Mar 14
Sharemarket Briefing INVESTORS across the globe were on tenterhooks last week in the lead-up to the Federal Reserve meeting in the United States. Recent market volatility has continued to weigh while geopolitical tensions and a continuation of trade issues have also dented investor sentiment. The key focus for investors this week was the US Federal Reserve meeting. It was the first with Jerome Powell at the helm and the Fed chose to raise rates by 25 basis points, taking the Fed funds rate to a range of 1.5% to 1.75%. This was widely expected with the market pricing in a more than 99% chance that rates would increase. The reason markets were on edge in the lead-up to the meeting was that it included the projections and expected path for the Fed to take over the remainder of the year and into 2019. For 2018, the Fed reaffirmed its previous guidance that there would be three rate hikes this year, however, they upgraded guidance for 2019. The Fed now expects to raise rates another three times in 2019, which will take the Fed Funds rate to 2.75% to 3%. Market commentary provided by Craigs Investment Partners
S&P/NZX 50 INDEX
8601
S&P/NZX 10 INDEX
8349
Mar 15
Mar 16
Mar 17
Feed barley
4 weeks ago
NZ venison 60kg stag
4.5
600
NZ$/t
350
$/kg
CANTERBURY FEED PRICES
3200
Jun
WOOL
Coarse xbred ind.
450
22149
4005.0
(NZ$/kg)
3300
16522
5005.5
NZ average (NZ$/t)
WMP FUTURES - VS FOUR WEEKS AGO
S&P/FW AG EQUITY
NZ venison 60kg stag
6006.0
FERTILISER
Last price*
S&P/FW PRIMARY SECTOR
6.5
5‐yr ave
NZX DAIRY FUTURES (US$/T)
Latest price
South Island 1 7kg lamb
7.5
$/kg
370
May
6.0 5.0
CBOT futures (NZ$/t)
369
Apr
6.5 5.5
Last week
ASW Wheat
Nearby contract
North Island 17kg lamb
7.5
INTERNATIONAL
3000
Feb 18 May 18 NZX WMP Futures
Last year
7.10
c/kkg (net)
3500
Last week Prior week
NI lamb (17kg)
Australia (NZ$/t)
4000
3000
Slaughter price (NZ$/kg)
Feed Wheat
Waikato (NZ$/t)
6.5
$/kgMS
Prior week
Milling Wheat
PKE
7.0
US$/t
Last week Canterbury (NZ$/t)
6.27
6.40
US$/t
SHEEP MEAT
DOMESTIC
AGRIHQ 2017-18
FONTERRA 2017-18
Sheep
$/kg
Dairy
400
300 2.5 Oct Jul
Dec Sep 5‐yr ave
PKE spot
Feb Nov
Apr Jan Last yr
Jun Mar
Aug May
Jul
This yr
Dollar Watch
Top 10 by Market Cap Company
Close
YTD High
YTD Low
The a2 Milk Company Limited
14.10
14.62
7.66
Fisher & Paykel Healthcare Corp Ltd
13.27
14.39
12.41
Meridian Energy Limited Auckland International Airport Ltd Spark New Zealand Limited Ryman Healthcare Limited Mercury NZ Limited (NS) Fletcher Building Limited Air New Zealand Limited (NS) Contact Energy Limited
2.92 6.18 3.57 10.95 3.30 6.48 3.38 5.28
3.00 6.73 3.68 11.30 3.45 7.96 3.39 5.64
2.75 6.11 3.32 10.27 3.14 6.28 2.86 5.20
Listed Agri Shares
500 3.5
5pm, close of market, Thursday
Company
Close
YTD High
YTD Low
The a2 Milk Company Limited
14.100
14.620
7.660
Comvita Limited
7.600
9.210
7.100
Delegat Group Limited
8.300
8.300
7.510
Foley Family Wines Limited
1.470
1.560
1.450
Fonterra Shareholders' Fund (NS)
5.950
6.660
5.800
Livestock Improvement Corp Ltd (NS)
2.600
2.600
2.250
NZ King Salmon Investments Limited
2.100
2.430
1.840
PGG Wrightson Limited
0.620
0.640
0.560
Scales Corporation Limited
4.500
4.920
4.400
Seeka Limited
6.650
7.000
5.800
Synlait Milk Limited (NS)
9.110
9.750
6.260
T&G Global Limited
3.240
3.300
3.150
Tegel Group Holdings Limited
0.870
1.240
0.870
S&P/FW Primary Sector
16522
16555
14417
S&P/FW Agriculture Equity
22149
22252
18488
S&P/NZX 50 Index
8601
8608
8059
S&P/NZX 10 Index
8349
8368
7640
TRADE-WAR fears put This Prior Last NZD vs markets into turmoil and week week year this risk-off sentiment USD 0.7225 0.7269 0.7035 should play against kiwi EUR 0.5869 0.5906 0.6522 dollar strength, ASB Bank institutional currency AUD 0.9368 0.9318 0.9213 dealer Tim Kelleher GBP 0.5120 0.5216 0.5620 says. The bank’s formal Correct as of 9am last Friday forecasts are for a firming New Zealand dollar but that is based on an all-things-being-equal scenario. “The way it’s looking I can’t see it being like that,” he said. Despite big equity falls in the United Statess and what the markets took as a more dovish than expected stance by the Federal Reserve, the US dollar held up as fund managers took bets off, at the expense of emerging economy and Australia and NZ commodity-based currencies. The Fed lifted interest rates as expected and indicated two more rises this year but markets had started to expect three more rises after this one. “The market has got a bit ahead of itself and we think those interest rates will keep going higher into next year,” Kelleher said. “Ignore the short term. The longer-term outlook is US interest rates higher and that should be good for the US dollar.” Interest rate levels drive currency flows and that will favour the US over NZ. A major event about now is the Policy Target Agreement between the Government and RBNZ, due out before new governor Adrian Orr starts at the bank on Tuesday. It has the potential to move the dollar, Kelleher said. Alan Williams
Markets
THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018
WAIKATO PKE ($/T)
273
NI SLAUGHTER COW
SI SLAUGHTER MUTTON
($/KG)
($/KG)
4.30
4.85
MEDIUM MIXED SEX LAMBS AT TEMUKA ($/HD)
96-107
29
high $3.26-$3.42/kg $680-$840 lights Gelbveigh-cross R2 Traditional steers, steers395-460kg at Temuka
195-250kg at Rangiuru weaner fair
Cattle & Deer BEEF Slaughter price (NZ$/kg)
Last week
Prior week
Last year
NI Steer (300kg)
5.50
5.60
5.60
NI Bull (300kg)
5.50
5.50
5.60
NI Cow (200kg)
4.30
4.40
4.50
SI Steer (300kg)
5.40
5.45
5.30
SI Bull (300kg)
5.20
5.25
5.00
SI Cow (200kg)
4.25
4.30
4.15
US imported 95CL bull
6.74
6.84
7.21
US domestic 90CL cow
6.56
6.58
6.80
Export markets (NZ$/kg)
North Island steer (300kg)
$/kg
6.0 5.5 5.0 4.5 4.0
South Island steer (300kg)
6.0 5.5
NZ venison 60kg stag
c/k kg (net)
$/kg
600
5.0
500
4.5 400
300
4.0
Oct Oct
Dec Dec
Feb Feb
5‐yr ave
Apr Apr
Jun Jun
Last yr
Aug Aug This yr
VENISON Slaughter price (NZ$/kg)
Last week Prior week
Last year
NI Stag (60kg)
10.45
10.40
8.40
NI Hind (50kg)
10.35
10.30
8.30
SI Stag (60kg)
11.00
10.90
8.40
SI Hind (50kg)
10.90
10.80
8.30
New Zealand venison (60kg Stag)
12 11
NZ venison 60kg stag
9 500 8 400
300 7 6 Oct
Oct
Dec
Feb
Dec Feb 5‐yr ave
Apr
Apr Last yr
Jun
Jun
Aug
Aug This yr
Older cattle penned NORTHLAND NORTHLAND Buyers at WELLSFORD got their first opportunity to buy older store cattle this month, with 850 penned. The feature was a consignment of R2 Charolais-cross heifers. They were good shopping, with one line, 431kg, making $2.62/kg, other lines, 398-431kg, $2.74-$2.77/kg. Those 381386kg made similar per-head values
You’re just a few steps away from applying for livestock finance. HBA 1042R
c/k kg (net)
$/kg
10 600
SUN DAY: A pen of Charolais weaners wait in the sun before going to the ring at Kaikohe recently.
Heartland Bank Limited’s lending criteria, fees and charges apply. For full terms and conditions, visit www.openforlivestock.co.nz
at $2.85-$2.86/kg. Most other quality beef and beef-Friesian heifers fetched $2.68-$2.80/kg, second cuts trailing by 5-10c/kg. The steer market was sticky although the top lines surpassed $3/ kg. One line each of Angus-Friesian and Hereford-Friesian returned 400kg, $3.06/kg. Angus, 332-357kg, fetched $2.90-$2.97/kg, while the remainder
of the Hereford-Friesian, 435-499kg, eased to $2.83-$2.84/kg. Weaner numbers were low. While prices were back good weights meant some steers sold up to $670-$755, while most heifers traded at $505$580. A line of 203kg Hereford-Friesian heifers managed $695.
Continued page 30
Get livestock finance from $10,000. Apply online now in a few easy steps and you could be making your next livestock purchase with confidence. With Heartland Bank you can get up to 100% finance secured against the stock you buy. Then repay the loan when you sell. Find out more:
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30 THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018 Friesian bulls, 175-208kg, made solid returns at $605-$670. A weaner bull fair was added to the usual store cattle sale at KAIKOHE, Vaughan Vujcich of PGG Wrightson reported. About 1000 weaner bulls were yarded. The heavier end of autumn and early-spring born calves traded at $3.10-$3.25/kg, 250280kg generally $3.20-$3.40/kg, lighter beef-bred $3.30-$3.60/kg. About 300 140-180kg Friesian bulls made $4.25-$4.65/kg, with a few 100-120kg beef-Friesian calves at $450-$550. The main store section had R2 Hereford-cross steers selling at $2.75-$2.85/kg, R2 Hereford bulls $2.92/kg. A decent number of Friesian cows were available, many vetted-in-calf or run-with-bull. The better end of these were $1.80$1.90/kg, easing to $1.70-$1.75/kg for mediums. COUNTIES COUNTIES Prices for older store cattle traded at TUAKAU last Thursday were similar to the previous week, but weaners sold well, Kane Needham of PGG Wrightson reported. The 850-900 head yarding included Hereford-Friesian steers at 437kg, which made $2.95/kg, $1290. Simmental-cross steers, 432kg, earned $2.92/kg, $1265, and a nice line of Hereford-Friesians, 390kg, $3.08/kg, $1200. HerefordFriesian yearling steers, 311kg, sold at $3.14/kg, $980. A good line of Hereford weaners, 255kg, made $860, 203kg, $790. Good HerefordFriesian weaners, 150kg, fetched $730, 120kg, $630. In the heifer section, 469kg Hereford-Friesians traded at $2.67/ kg, $1250, 398kg, $2.78/kg, $1110, Angus, 399kg $2.59/kg, $1035. A good line of Hereford weaner heifers, 262kg, sold for $855, 222kg, $820. Hereford-Friesian weaners, 184kg, made $770, Angus heifers, 236kg, $800. Angus, 186kg, earned $670, Hereford-Friesians, 110kg, $530. About 700 cattle were on offer at last Wednesday’s prime sale and the market eased. Prices for prime steers and heifers were back about 10c/kg, with heavy steers making $2.86-$2.90/kg, medium $2.83-
$2.85/kg. Lighter steers earned $2.78-$2.83/kg, best heifers $2.74$2.78/kg. Medium beef heifers fetched $2.68-$2.74/kg, lighter $2.60-$2.65/kg. The cow market softened by about 15c/kg. Heavy empty Friesians sold at $1.95-$2/kg, wellconditioned in-milk cows $1.80$1.85/kg. Medium cows made $1.65-$1.75/kg, lighter boners $1.45-$1.60/kg. The market was steady at last Monday’s sheep sale, where about 850 ewes and lambs were presented. Top prime lambs traded at $150-$164, good-mediums $120-$138. Lighter primes earned $110-$120, good stores $98-$107. The next cut of store lambs fetched $85-$95, lighter stores $60-$70. Heavy prime ewes sold at $110$135, good-mediums $85-$95, lighter $70-$80. BAY OF PLENTY BAY OF PLENTY A nice day did little to entice bids from buyers at RANGIURU last Tuesday. Just over 1000 cattle sold on a softer market. At the beef weaner fair last Wednesday steers came back in price but heifers and bulls held value. Feature lines were noted in the prime pens, including 11 767kg Hereford-Friesian steers which made the highest per-head price at $2315 and highest $/kg at $3.02/ kg. Scanned empty South Devon cows, 734kg, aroused interest and fetched $2.17/kg. Much of the focus was on the boner pens. Better Friesian and Friesian-cross, 460-513kg, eased to $1.66-$1.74/ kg, most other Friesians $1.46$1.60/kg. A large entry of R2 steers and heifers made up 60% of the store section and Hereford-Friesian steers were outnumbered by Friesian lines. Prices eased as Hereford-Friesian, 337-403kg, made $2.83-$2.98/kg. Friesians sold in two cuts with 385-393kg at $2.43-$2.57/kg, lighter lines $2.17$2.18/kg. The best Hereford-Friesian heifers, 331-430kg, sold to just $2.54-$2.63/kg. The weaner section was small and of mixed quality. A standout was a line of 25 Hereford-Friesian
steers, 108kg, which sold well at $560, $5.19/kg. About 1700 beef weaners were yarded last Wednesday, with nearly 730 heifers the main feature. Bids were slower for steers, and prices came back about 3060c/kg for traditional lines. No traditional lines exceeded $1000 and most traded at $3.30-$3.60/ kg, compared to $3.86-$3.94/kg a month ago. A standout line of 30 Angus, 193kg, sold well at $830, $4.30/kg. Exotic steers took a hit. Only two lines topped $1000 as $/kg dropped to $3.49-$3.89/kg, which was significantly down on $4.20$4.55/kg at the last fair. HerefordFriesian prices also softened, with most, 96-162kg, trading at $490$660. The heifer market started steady and continued that way. Hereford heifers, 177-198kg, were very steady at $615-$670, $3.38-$3.47/ kg, though Angus and AngusHereford did ease slightly. Angus, 191-222kg, made similar to the last
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fair $/kg at $3.47-$3.51/kg. Exotic and exotic-cross also maintained their levels. Charolais-cross, 238263kg, traded at $805-$900. Just one line of nine 306kg Charolais heifers exceeded $1000g. Bull numbers were almost identical to a month ago, though fewer Hereford were penned. Hereford prices were steady. A line of 17 at 243kg sold for $1170, while 32 Angus, 244kg, returned $980.
Results for Friesian bulls were mixed. Lighter lines, 133-138kg, eased to $460-$500, but better types, 154-157kg, made solid returns at $595-$650. TARANAKI TARANAKI Cull dairy cows and small lines of other store cattle filled the TARANAKI yards. The Friesian and Friesian-cross cows were loosely split into three price bands; the 380-420kg lines were bought at $1.67-$1.75/kg, 430-465kg made $1.76-$1.83/kg, 470-570kg $1.89$2.05/kg. Only a few beef-cross cows were offered, and $2-$2.10/ kg was the common range for 490595kg lines. The only other line of note was 620kg Hereford bulls at $2.97/kg. The store section was mostly small lines, though a few more R3 cattle were offered. Some 475490kg R3 Angus-Friesian steers and heifers were all $2.63-$2.71/ kg, Friesian bulls, 545kg, $2.77/kg. The core of the store offering was R2 steers and heifers. Most 310-450kg beef-cross steers fetched $2.90-$3/kg, though some smaller lines were a little lower. Beef-cross heifers, 260-450kg, were usually $2.56-$2.71/kg. Two lines of 400-470kg Friesian and AngusFriesian bulls made $2.52-$2.56/ kg. Some 150-155kg Hereford-cross heifers and steers made $565-$575.
POVERTY BAY POVERTY BAY A yarding of 1500 store lambs was on offer at MATAWHERO, and there was no sign of these getting any cheaper. There was roughly a 50:50 split between male and ewe lambs. Good male lambs fetched $119.50-$125.50, mediums $106$117, lighter $92. Medium-good ewe lambs were mainly $100-$102, though one large pen did make $115. Medium ewe lambs returned $80-$95. Some medium ewes were $93$109, but few others were offered. HAWKE’S BAY HAWKE’S BAY Buyers at STORTFORD LODGE last Monday made short work of the 55 quality cattle. The biggest yarding of store lambs since mid-December
greeted sale-goers last Wednesday, and increased competition kept the market at the previous week’s high levels. Angus and Angus-Hereford steers, 617-628kg, traded at $2.90$2.93/kg. A single Angus steer, 800kg, achieved $2200, $2.75/ kg, and Hereford-Friesian, 607kg, $2.80/kg. Heifers made good results and Angus and Angus-Hereford, 506kg, earned $2.71/kg. A line of Charolais-cross cows sold well at $1383, $2.17/kg. In the sheep section lambs and ewes continued on a strong market, with returns solid for both. Medium-good to heavy male lambs sold well at $133-$147, heavy ram lambs lifted to $152.50$158.50. Top cut mixed sex lines managed $166-$167, heavy lines were steady at $148.50-$152, medium types lifted to $122. Very heavy ewes sold to $162$167, heavy types $140-$147. Most of the rest were medium-good at $115-$121, or light-medium, $91$110. An increase in lamb numbers to just over 4800 coincided with extra buyers. Mixed sex lambs were in the minority. A feature offering of Texel lambs had plenty of wool, weight and scope, and the top line of cryptorchid sold for $119.50. The larger yarding meant a wider variety of lambs offered, with some very light lambs near the end. Comparable lines were mostly steady. Blackface ram lambs made $124.50-$136.80, similar weighted ewe lambs $123. Medium blackface ewe lambs returned $88-$106.60, similar weighted whiteface ewe lambs $83-$112. Male lines sold at steady levels. Medium to good cryptorchid made $97.50-$119.50, male lambs $95-$113.50. Lighter lines traded at $73-$100. A smaller than expected yarding of store cattle took little time to sell, though did offer up a real mix of quality. Top quality R3 traditional steers kicked off proceedings and a line of three Angus, 736kg, cracked $2000 when they sold for $2.86/ kg, with a lighter line of 570kg also
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making $2.86/kg. The first line of 330kg advertised R2 Angus heifers sold well at $3.09/kg, but were bettered by a line of 366kg that reached $3.24/ kg. These were well ahead of other lines at $2.73/kg and $2.94/kg. Other beef lines traded at $2.82$2.84/kg, beef-Friesian, 362-365kg, $2.90-$2.93/kg. Quality was mixed in the R2 steer pens, which was reflected in the prices. A nice line of Herefordcross, 447kg, made $2.92/kg, lighter, 348kg, $3.03/kg. The only other lines of significance were five Angus cows, vetted-in-calf, which sold for $1150, and nine Hereford-cross weaner bulls, 303kg, $740. A collection of 840 mainly quality traditional cattle were offered at WAIROA, with the main draw card being 535 R2 steers. A handful of Angus and Anguscross R3 steers were in very good condition, and all but one line sold for $1680-$1850. Traditional R2 steers were sold in roughly two cuts. The better end found new homes at $1355-$1465, while the others were bought for $1250-$1350. The heifers were more mixed, but again sold in two cuts. Most good quality traditional and exotic lines were $970-$1030, easing to $880-$925 for medium types. Two very good pens of Angus and exotic R2 heifers hit $1090-$1150, while some in-calf R3 AngusHereford heifers were up at $1350. The only other lines worth mentioning were some exoticcross bull calves which were usually $850-$915. MANAWATU MANAWATU Equal numbers of ewes and lambs came forward at FEILDING last Monday, pushing throughput to just over 6900 head. Cattle tallies also came up as cull dairy cow and heifer numbers grow. Lamb prices eased slightly and the very heavy end traded at $145$156.50. Most of the balance made $130-$143, with just a handful below that level. The ewe pens housed more medium and lighter types as farmers tidy up mobs prior to tupping. Prices were steady and good lines sold for $130-$144, with second cuts at $121-$129. A large number traded at $100-$119, and light ewes made $82-$96. Steers were noted for their absence, and the bull pens offered up little as well. Beef heifers were mainly local trade types and sold on a firm market with HerefordFriesian, 390-485kg, averaging $2.54/kg. Angus-Friesian cows, 465-532kg, fetched $2.31-$2.36/kg The boner pens were more subdued as cows sold on a steady to easing market. The majority traded at $1.68-$1.79/kg, with a small high yielding bunch at $1.80$1.88/kg. Heifers were mainly Jersey and 331kg made $1.81/ kg, while a line of Friesian, 394kg, returned $1.96/kg. The cancellation of the first calendared fair for the season meant the yards were filled to the brim for the FEILDING weaner fair last Thursday. About 2000 head were yarded, including 900 steers, 600 heifers and 450 bulls of mainly exotic-cross or traditional breeding. The steer market had a very similar tone to last year. Angus
THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018 lines were the most sought after. Those 210-255kg made $980$1075, 170-210kg $780-$925. Angus-Hereford steers were a softer. It was common for 235280kg pens to make $1000-$1175 while 185-230kg were often $860$935. Speckle Park steers, 245kg, matched the traditional lines at $1040, $4.28/kg. Bidders were selective on the exotic steers. Charolais-cross, 200-240kg, returned $835-$965, 250-310kg $905-$1140. Bulls were highly sought after. Simmental-cross, 295-355kg, fetched $1365-$1515, 250-275kg $1050-$1190 for. Charolais-cross bulls, 300-275kg, were $1335$1535, 250-285kg $1015-$1240. The heifer market sank from year-ago levels. Simmental-cross, 215-250kg, were mainly $680-$795. The 190-245kg Charolais-cross made $635-$750, rising to $940$1015 for 295-330kg. Some 220250kg Angus-Hereford heifers were $745-$795. The store cattle section at FEILDING was full of R2 cattle and dairy weaners following the weaner fair the day before. Overall the market on these was firmer or steady at worst. R3 cattle were in short supply, but some 565-570kg Friesian bulls were $2.72/kg and 505-570kg Hereford-cross heifers were $2.73$2.79/kg. Traditional and Charolais-cross R2 steers, 360-460kg, were nearly all bought at $3.18-$3.33/kg. The 405-455kg Hereford-Friesian’s were at $2.80-$2.91/kg. Angus and Angus-cross R2 heifers, 345-360kg made $2.85-$2.97/kg, whereas the 330-360kg Hereford-Friesians were $2.72-$2.75/kg. R2 Friesian bulls had a strong sale, with the 360-435kg pens boosted up to the $2.86-$2.94/kg range and the 325360kg lines at $2.97-$3.11/kg. Weaners were mainly just Friesian bulls. Lines at 115-125kg were $550-$600, 155-180kg $680$760. A few 125-175kg HerefordFriesian heifers were $500-$600. A few pens of cows added something a little different. Charolais, 560kg, returned $1320, Angus and Angus-cross, 510570kg, $1030-$1110. The sheep pens were packed with lambs, but the crowd of buyers was also big. Heavy-to-very heavy cryptorchid lambs were $119-$129, good and medium mostly $98-$124. Heavy ram lambs topped the sale at $124-$133. Good ewe lambs were $106-$119, medium$100-$112. A few 4-year and older ewes fetched $132-$139, one very good line of 5-year Romneys $171. MARLBOROUGH MARLBOROUGH The BLENHEIM calf sale marked the beginning of the South Island calf trading period. About 900 calves were offered, and easily met vendor expectations, Peter Barnes of PGG Wrightson reported. North Island buyers underpinned the market, with good demand from local and Canterbury buyers. About 600 steers sold at $4-$4.50/kg range. The 300 heifers sold around the $4.00/kg mark. CANTERBURY CANTERBURY Good strength was shown in most classes at CANTERBURY PARK last Tuesday, with a big day in the cattle pens though moderate
numbers of sheep. Just 1450 store lambs were yarded. The market was solid but there was a slight softening overall. Most mixed sex were 30kg and better and sold on a steady to firm market at $96-$118. The balance traded at $69-$95, with a line of 189 light cryptorchid earning $87. A consignment of run-withram Corriedale ewes sold in three lines with the biggest at 187 head making $117, lighter $89. Prime lamb throughput was not far behind the store lambs and the market was steady at $110-$160, with a small top end to $185. Of the 1150 ewes offered, a consignment of 333 sold for $89$139. Prices were steady and the better end sold for $120-$170, with heavy ewes up to $228. A larger entry of lighter ewes made $50-$74. Low supplies of quality traditional cattle made any offering hot property. R2 Angus steers, 373-413kg, made $3.18-
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$3.23/kg, with a small line at 415kg reaching $3.35/kg. HerefordFriesian, 387-391kg, returned $3.07-$3.15/kg, 352-374kg $2.99/ kg. Angus heifers, 353-412kg, made $2.99-$3.03/kg, lighter HerefordFriesian 331-368kg, $2.93-$3.02/ kg. Friesian, 344-398kg, sold at a 75-95c/kg discount to those levels. Prime cattle had to be exotic to reach $3/kg. It didn’t matter if they were steer or heifer, as long as the yield potential was obvious. Two Charolais steers, 575kg, sold for $3.12/kg, while small lines of Charolais-cross and Simmentalcross heifers achieved $3-$3.05/kg. Steer prices eased on volume. Better types still achieved $2.85$2.95/kg but a larger number traded at $2.70-$2.80/kg. Much of the yarding was beef-Friesian. Heifer prices eased with the absence of one regular buyer. Most were either better types at $2.87$3.05/kg or second cuts which dropped to $2.75-$2.81/kg. Store cattle numbers were less than half of the week before at COALGATE, at 250 head. A consignment of 365-475kg R2 Hereford-Friesian and AngusFriesian steers returned $1050$1370, $2.81-$2.92/kg. Only a line of 390kg Murray Grey did better at $1160, $2.97/kg. Some 355-380kg Murray Grey and Simmental-cross topped the R2 heifers at $980-$1020, with the 345-395kg Hereford-Friesians were at $910-$1040. A few 400415kg Friesian-cross bulls were sold at $1000-$1090, $2.49-$2.63/ kg.
Prime steers were sold in two cuts. Beef lines made $2.84-$2.96/ kg, beef-Friesians $2.70-$2.80/ kg. It was similar for the heifers. Beef lines returned $2.75-$2.88/kg, dairy heifers $2.60-$2.74/kg. It was a straight dairy offering in the prime cows. Most made $1.80-$1.88/ kg, though one 665kg line returned $2.09/kg. A few 455570kg bulls were $2.72-$2.80/kg. Store lamb numbers fell to 1600, which kept the market firm. Only tail-enders dropped below $90, and even then most sold at $100$110. A few heavier lines pushed $116. Prime lambs and ewes had more volume. Heavier lambs were $152$172, next cut $130-$147, most of the rest $110-$129. The prime ewes were essentially unchanged on a week ago. Most very heavy lines were $180-$209, good ewes $153-$176, mediums $120-$148, the rest mainly more than $70. SOUTH CANTERBURY SOUTH CANTERBURY The previous week’s high prices drew more store lambs to TEMUKA last Monday. Nearly 8000 store lambs were penned. Top mixed sex made $107-$117, medium $97-$105, lighter types $76-$96. Ewe lambs sold well. The lighter end exceeded $4/kg and all traded at $98-$110. In the prime pens heavy prime lambs firmed to $150-$167, and all but six traded at $110-$167. The shine came off prime ewes. Only one line sold over $200 and a smaller portion reached $140$188. Most were medium types at $90-$139. Cattle numbers fell but there was a bigger yarding of prime steers, and prices firmed. Angus, 625-696kg, sold to $2.89$2.94/kg, as did most other beef lines. A lighter line of Angus hit $3/ kg. The bull pens had a mix of beef and dairy and returns were solid. Very heavy beef and exotic lines, 900kg and over, sold at $2.60$2.71/kg, better yielding, lighter lines $2.80-$2.90/kg. Jersey, 444508kg, returned $2.51-$2.60/kg. Beef heifer numbers were low with most making $2.70-$2.87/kg, though two Devon, 590kg, pushed to $2.88/kg. Beef cow prices also showed improvement and a big offering of Angus was again penned as scanned empties come out. The top lines made $2.22-$2.25/ kg, medium $2.11-$2.20/kg, third cuts $2.04-$2.13/kg. An increase in demand and fewer numbers meant boner cow prices firmed. Better lines sold for $1.92-$2.04/ kg, second cuts $1.82-$1.92/kg, third $1.66-$1.80/kg. About 1400 store cattle were yarded at TEMUKA. The day was really about R2 steers, which matched or exceeded recent markets. A consignment of Gelbveighcross R2 steers, 395-460kg, earned $1340-$1580, $3.26-$3.42/kg. Traditional R2 steers, 320-405kg, fetched $1070-$1310, $3.32-$3.41/ kg. Some 350-415kg Charolais-cross and Devon steers made $1110$1350. Even the Hereford-Friesians, 335-435kg, returned $1080-$1300, $2.87-$3.06/kg. Lifts were harder to find in the
31
R2 heifers, though some 305-355kg Charolais-cross managed $950$1100, $3.12-$3.16/kg. However, little else could break the $3/kg mark. Most were Hereford-Friesians, 270-400kg, at $2.69-$2.87/kg. R2 Friesian & Friesian-cross bulls, 275-435kg, dropped to $915-$1070, $2.46$2.52/kg. Weaner calves met expectations. Friesian and Hereford-Friesian bulls, 150-195kg, made $560-$620, 125-150kg $400-$460. BeefFriesian steers, 160-185kg, were $570-$620. Consistency was harder to find in the heifer calves, but two decent lines of 155-190kg AngusFriesian made $505-$600. OTAGO OTAGO More than 2000 store lambs were yarded at BALCLUTHA last Wednesday and the market eased. The prime market was solid with good demand, PGG Wrightson agent Russell Maloney reported. Top store lambs sold at $100$110, medium types softened to $80-$95, lighter sorts $50-$70. The prime market was solid but didn’t reach the previous week’s highs. Heavy lambs made $145$160, medium $125-$135, lighter $90-$115. Top ewes eased from recent levels but were still strong at $150$160. Medium types strengthened to $130-$140, lighter $115-$125. A quality yarding of Angus steers and heifers sold to good demand, with steers, 420kg, making $3/kg, heifers $2.90/kg. SOUTHLAND SOUTHLAND Results were mixed at LORNEVILLE last Tuesday with fluctuations in most classes, though some prime ewes and boner cows eased considerably. Store lambs maintained the previous week’s levels. Top lambs sold for $95-$110, medium $80$90, lighter, $70-$78, tail end $30-$50. Prime lamb prices eased marginally. Heavy lambs sold for $125-$150, medium $110-$120, lighter $96$109. Top ewe lines held value at $120$156, though prices softened for medium types at $90-$114, light $72-$88. Heavy two-tooths made $90$109, light $58-$69, rams $100$120. A large yarding of prime cattle featured mainly empty dairy cows and heifers. Medium steers, 380-420kg, earned $2.30-$2.40/kg, medium beef heifers, 400-460kg, $2.40-$2.60/kg. Top dairy heifers sold at $1.90$2.10/kg, lighter, 330-370kg, $1.80-$1.90/kg. Cow prices moved slightly the other way. Heavy lines eased to $1.80$1.95/kg. Medium eased to $1.70$1.80/kg, lighter, 370-420kg, down 10c/kg to $1.50-$1.60/kg. Weaner calves made up most of the store section, with a few R2 lines. Hereford-cross bulls, 400-418kg, sold for $2.47-$2.63/kg, steers, 316kg, $2.62/kg. Weaners Hereford-Friesian bulls, 150-160kg, made good values at $500-$620, while 130140kg returned $480-$500. Similar heifers, 150kg, fetched $450-$520. Friesian bulls, 160180kg, earned $500-$560, $3.11$3.12/kg. Lighter types, 120kg, returned $350-$400.
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32 THE NZ FARMERS WEEKLY – farmersweekly.co.nz – March 26, 2018 NI SLAUGHTER STEER
SI SLAUGHTER LAMBS
SI SLAUGHTER STAG
($/KG)
($/KG)
MEDIUM TO GOOD EWES AT MATAWHERO
($/KG)
($/HD)
7.05
11.00
106-117
at Wairoa cattle fair
Don’t be complacent Neal Wallace neal.wallace@nzx.com SHEEP and beef farmers should not be complacent in grasping opportunities, retiring Beef + Lamb New Zealand chairman James Parsons says. He told the annual meeting in Gisborne the Red Meat Story should be rolled out to global markets later this year. Final details were being signed off with processor partners on the proposed brand mark, story and Go-toMarket strategy. Strong prices and trade gains such as the Comprehensive and Progressive Trans Pacific Partnership will “undoubtedly help lift the profitability of sheep and beef farming”. But that must not lead to complacency. “That’s why we are committed to a number of important initiatives such as the Red Meat Story and the NZ Farm Assurance Programme so the sector can capture more value from key markets. “We are also continuing to invest in supporting farming excellence with our research and development and extension programmes to boost productivity and reduce costs,” he said. The producer body has been working with the Government and Parsons said there is general agreement sheep and beef farmers have to contribute to improving water quality, having a lighter
READY: The Red Meat Story will be rolled out to markets later this year, departing Beef + Lamb NZ chairman James Parsons says. environmental footprint and growing the value of products. “The Government has set an ambitious target of being carbon neutral by 2050 and the sheep and beef sector has reduced its carbon emissions by 19% since 1990 whilst maintaining production. “The opportunity is to continually improve and share the innovations we develop in tackling these challenges with other countries so we make the world a better place. “With 2.7 million hectares,
almost a quarter of NZ’s indigenous bush is located on sheep and beef farms. Coupled with riparian plantings and exotic woodlots we are in a strong position.” B+LNZ’s mission is to ensure policies such as the billion-tree planting programme do not have unintended consequences for the sheep and beef sector, such as losing productive land or impacting on rural communities. Parsons, a Northland farmer, was replaced by
Andrew Morrison from Gore while King Country sheep and beef farmer Martin Coup replaced him as a director. B+LNZ chief executive Sam McIvor said the organisation wants to restore the hero status to farmers so they are valued by the wider community. It will do that through an environmental strategy emphasising farmers’ position, unlocking market potential and with greater Government and public engagement. “It is focused on four key areas: improving water quality, advancing towards carbon neutral, enhancing our biodiversity and ensuring healthy, productive soils.” McIvor said the NZ red meat story is more than a brand. “It is about ensuring we understand what is important to our consumers, that we protect our natural food production systems and are doing more to ensure consumers globally recognise NZ farmers are in the natural food business.” The Red Meat Story will be supported by the Farm Assurance Programme, including ongoing, in-depth analysis of consumers and markets and look to the future to identify opportunities and challenges. “All of these things are absolutely necessary to ensure the success of our ultimate objective of raising the value of NZ’s sheep and beef exports.”
bulls, 295-370kg, at Feilding weaner fair
Lamb bucking seasonal trends A SOLID outlook for sheep meat markets looks set to make killsheets enjoyable reading through 2018. The global fundamentals that have resulted in record high lamb returns are expected to continue and the Rachel Agnew market-related portion of farmgate AgriHQ Analyst prices will hold up well. The ups and downs in operating prices (schedule plus premiums) will be driven by supply and will look slightly different to historical trends, given the supply picture this season is very different to previous years. Lamb operating prices right now are roughly on par with those at peak season in October. This unseasonable trend has been driven by procurement as national lamb supply experienced a significant lull through February and early March. Typically, lamb operating prices would lift from this point through to spring, based on the majority of the kill being already processed. Over the last eight years the average lift in lamb operating prices from April to October has been $1/kg. It is unlikely this season will adhere to this rule. Processors are expecting to see lamb supply lift through April and early May, which will drive operating prices lower through this period. Supply will inevitably tighten again through winter and early spring, which will bring with it a procurement driven market. This is likely to more than offset any downside we see in the short term. The outlook for your cattle killsheet might be more up in the air compared with sheep. Currently there is very little margin left in the game for processors. Operating prices have remained high, driven by a battle to secure cattle and procurement rates (the percentage of market return paid out in operating prices) are well above historical levels. We are now seeing signals from processors that they have very little appetite for processing cattle for no margin and operating prices this week have started to come back. Expect to see this downside continue as the dairy cow kill builds. rachel.agnew@nzx.com
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Fund managed by Farm Venture, owning real farm assets, with total expected returns of 10% p.a. You may request the flyer by going through to the website www.farmventure.co.nz The offer of units in the fund is restricted in New Zealand to persons who are “wholesale investors” for the purposes of the Financial Markets Conduct Act 2013, and this advertisement should not be construed as an offer, invitation, proposal or recommendation to apply for units in the Fund by persons in New Zealand who do not meet this criteria. Statements in this advertisement should be read in the context of the Flyer and other Offer materials.
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high $1250-$1465 $3.65-$3.80/kg cross and lights Traditional R2 steers Charolais Simmental cross
We’re very proud that The Farmers Weekly has been the country’s most read rural publication for more than a decade. Latest independent research says every week on average 117,000 farmers choose to read Farmers Weekly - that’s thousands more than any other rural newspaper in the whole country, and farmers read each issue for longer than any other title. That’s a powerful combination when you want real farmers seeing your advertisement. New this autumn is a special property pull-out in Farmers Weekly that will run through our March issues. Book a campaign of three or more advertisements in March and get a complimentary editorial on your property in one of our pull-out specials. Talk to your agent now and make sure you are in the paper that more farmers read. *conditions apply
Autumn 2018 Property Pull-Out March 26, 2018
farmersweekly.co.nz
Dairy support inquiry up Alan Williams a.dubu@xtra.co.nz
D
AIRY farmers in both islands are starting to talk about buying dairy support blocks of their own to guard against the Mycoplasma bovis disease, Real Estate Institute rural spokesman Brian Peacocke says. Increasing inquiry levels are yet to be turned into transactions but they’re indicating they want to have more options for being selfcontained for replacement heifer grazing rather than have them exposed by grazing elsewhere with the risk of cross-infection that can occur on specialist grazing farms catering for animals from a range of sources. At this stage, the talk is more in the South Island, though inquiry is evident in the ManawatuWanganui region, as many replacement heifers are grazed in Hawke’s Bay where M bovis has been reported. Other trends have emerged as well during the three-month period to the end of February but a key feature is the unsatisfied demand for finishing farms because of lack of supply. Despite that, there were more finishing sales than for any other farm type during the threemonths, which is unusual because grazing properties usually top the count as there are so many more of them. There were 46 finishing sales, 29% of the total, against 34 for grazing farms. High sheep meat and beef prices are leading to very good demand nationally, Peacocke said. Strong activity was reported in Manawatu-Wanganui and Canterbury-Marlborough. That has also led to an early trend in Southland towards dairy support blocks returning to sheep farming. Otago is a base for finishing farms and while there was more interest reported, a price gap between vendors and buyers is making transactions more difficult to conclude. The finishing farm median sale price rose 11.1% year-on-year to the end of February. The median for the threemonths to February was $30,656/ ha, compared to $27,595/ha at the same time last year.
The threat of Mycoplasma bovis is lifting inquiries from dairy farmers thinking of buying dairy support blocks to avoid sending stock to grazing with other cattle. Better farming conditions helped by widespread rain in February helped sentiment. Another trend emerging is most notable in Northland, with inquiry for lower quality sheep and beef farms for planned conversion to forestry, encouraged by planned Government incentive schemes to boost tree-planting. Also in Northland, there is an increased focus on quality land for kiwifruit and avocado, though water is a constraint in avocado development, Peacocke said. Forestry interests in Southland are making more inquiry for land of lesser quality and remote location areas. Dairy farm sale activity was mostly light through the country, though there was a strong upturn in eastern parts of Waikato.
The institute’s Dairy Farm Index fell 6.9% in the three months to the end of February and was down 9.9% year-on-year.
The banks are having a say in that as well. Brian Peacocke Real Estate Institute The index adjusts for differences in farm size and location, which the median price doesn’t do. The median for the latest threemonth period was $34,238/ha, down from $37,235/ha for the
January period and $39,642 for the February period last year. The year-on-year median price fell 13.6%, more than the index fall, which is considered the best guide to sector value. The Dairy index is now on a par with five years ago and is down 3.3% on 10 years ago, Peacocke said. Prices have reached levels where buyers are making decisions but compliance issues mean there is broader due diligence and they are more entrenched in the price views, requiring the vendor to meet the buyer view on value. “The banks are having a say in that as well.” Grazing farm values went the same way as dairy farms and the opposite to finishing farms. The median price for the three
months to the end of February was $10,827/ha, down from $11,828/ha for January and $12,183/ha for February last year. The year-on-year fall was 11.1%. The median price for horticulture property was also down year-on-year to $254,722/ha from $269,034/ha but was higher than the $205,807 for the latest January period. Year-on-year the total number of farms sold fell 13.5% to 1524 sales, with finishing and dairy sales higher but significant falls in sales of grazing and arable farms. The institute’s All Farms Index fell 4.7% in the February threemonth period but was virtually unchanged year-on-year. This index adjusts for differences in farm size, location and farming type.
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…FROM THIS SEASON’S BEST The Autumn 2018 edition of Country is out now, with a fresh line-up of the finest farm, horticulture and lifestyle properties for sale in New Zealand today. We also check the barometer for changing weather patterns and what it means for farmers and growers; we find out why forestry is back in favour and speak to the new minister of agriculture, Damien O’Connor. Plus we go shopping at the country’s most proactive farmers’ markets where lifestyle block owners are making their mark. For your copy of Country magazine, including the latest insights and editorial content on key topics of interest to the rural property sector, call 0800 BAYLEYS or view online.
Rural property is ripe for the picking – your next move starts at bayleys.co.nz/country LICENSED UNDER THE REA ACT 2008
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FARM, HORTICULTURE AND LIFESTYLE PROPERTIES FOR SALE ISSUE 1 – 2018
bayleys.co.nz Contributor to realestate.co.nz
bayleys.co.nz Contributor to realestate.co.nz
bayleys.co.nz Contributor to realestate.co.nz
bayleys.co.nz Contributor to realestate.co.nz
THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
Real Estate
farmersweekly.co.nz/realestate 0800 85 25 80
7
Coachman’s Orchard.
Three big kiwifruit orchards ONE of the largest kiwifruit portfolios to be offered for sale consists of three quality orchards in the heart of Bay of Plenty’s kiwifruit country. Based in the Te Puke area, the Matai Pacific portfolio covers 97.69 canopy hectares and has a sustainable estimated production of 1.2 to 1.3 million trays a season once mature. This season’s crop estimate of 950,000 trays excludes 19.08 canopy hectares of G3 vines that are maturing, between one and two years off the graft. Bayleys’ national country manager Duncan Ross says it’s a rare opportunity for corporate investors to get into the kiwifruit sector with such scale or for those already in the industry to grow their own portfolios substantially. Each of the three orchards can also be sold separately. They include Te Matai Orchard, which is a 158ha holding including 56.93 canopy hectares, Pacific Gold Orchard with 28.05 canopy hectares and Coachman’s Orchard which is a 27.7ha block that includes 12.71 canopy hectares of kiwifruit. A long-term orchard management team has been in place and is available to continue, making it ideal for a corporate or investor buyer new to the industry. The portfolio has been grown through strategic development of a greenfield site and further acquisition so it now has 49.08 canopy hectares of Hayward green kiwifruit and 48.08 canopy hectares of the valuable G3 gold variety. The G3 has been transitioned into the
group during the past four years with about 30 canopy hectares now mature and a further 19 canopy hectares between one and two years old off the graft. Once mature, the portfolio has a sustainable estimated production of 1.2 to 1.3 million trays a season. Listing agent and Bayleys kiwifruit specialist Snow Williams says that while independent of each other, all three orchards provide unique aspects to create a compelling large-scale, mixed-variety offering. Matai Pacific’s original base is Te Matai Orchard where the 158ha holding has been strategically transformed into 18.24 canopy hectares of G3 and 38.16 canopy hectares of Hayward kiwifruit. The block has nine titles that include about 62ha of grazing land, two houses and a range of support buildings. Its key attributes are its large scale, plus quality infrastructure and design and the fact it is located in what is considered a summer safe and frost-free location. The jewel of the Matai Pacific crown is its Pacific Gold Orchard with an estimated crop of about 364,000 trays this season from the 25.2 canopy hectares of mature G3 gold kiwifruit. A further three canopy hectares one year off the graft is set to grow that production. State-of-the-art non-pulse irrigation and a frost protection system set over five temperature zones can run simultaneously. This orchard has a great layout and infrastructure, including a one-bedroom house. Coachman’s Orchard has recently been
subdivided into four titles and within its 27.7ha boundary it has 10.92 canopy hectares of mature Hayward kiwifruit and 1.79 canopy hectares of G3. This season it has an estimated production of 124,000 trays of Hayward and 27,000 trays of G3. It comes with a solid four-bedroom house on a separate title, plus a newly-upgraded irrigation and frost protection system split into two zones covering the entire orchard. Williams says the kiwifruit industry has gone from strength to strength since its recovery from Psa and the large-scale introduction of G3.
Today, kiwifruit is the country’s largest single horticulture export by volume and value, totalling $1.6 billion for the year to June 2017 and expected to double by 2025. He says the sustained growth in the sector and a positive outlook means the largescale Matai Pacific operation will be highly sought after. The orchards are being sold by way of international tender, closing May 3.
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For further information contact Snow Williams on 027 275 5500.
Contributor to realestate.co.nz
LIS TI N G N EW
HADLEIGH STATION- A WAIRARAPA FARMING JEWEL - 14,000SU 1940 Te Ore Ore-Bideford Road, Masterton, Wairarapa Here is the chance to buy one of the Wairarapa´s farming icons. A combination of three separate farming units Hadleigh Station offers rare scale, location, quality improvements, workable contour and potential all 15min from Masterton. Hadleigh is a very well farmed property with a superior fertiliser history. The farm has an excellent balance of contour; around 50% of the farm is easy to medium hill (incl. 80ha of flats) with the balance medium hill (parts being steeper) totalling over 1600ha effective. The carrying capacity has been assessed at 14,000su, with a semi finishing system run, season dependant. A start has been made cultivating the easy country but there is plenty of potential to intensify left. There are four houses- two very good quality-and three woolshed´s with the main including a covered sheep yards complex, with ample other buildings. Well subdivided into 190 paddocks and well tracked it´s just a five-minute drive on a county maintained road to the back yards. Soil fertility is lifting to optimum levels and the water supply is good troughed water in part, and dams. This property is well known for producing excellent stock from its high fertility base- the livestock and plant are also available for purchase. Purchase options may exist with separate units. (Hadleigh/Mt Clyde/Riverbend) 14,000 stock units just 15 minutes from town - do not miss this rare opportunity!
1,727 hectares Tender www.nzr.nz Ref: RX1418720 Tender Closes: 4.00pm Thurs 3rd May 2018 NZR Office, 16 Perry St, Masterton Blair Stevens AREINZ 06 370 9199 027 527 7007 blair@nzr.nz NZR Real Estate Limited | Licensed REAA 2008
"CHESTER" - AN OUTSTANDING 637 HA FINISHING, CROPPING AND BREEDING PROPERTY 388 Rangatira Road & 3446 State Highway 1, Hunterville, Rangitikei Rising up from the edge of Hunterville on State Highway 1, Chester is one of the regions premier properties due to its virtual perfect balance of moderate breeding hills, encircling one of the largest contiguous areas of flat to easy Kiwitea silt loam soils in the region. These prodigious, versatile soils are friable and free draining and have few peers for livestock finishing and are equally well suited to the wide range of crops that have been grown here including lucerne, maize, cereals and potatoes. Young pastures through-out include the hills which have been heli-cropped and re-grassed in recent years, all exhibiting strong fertility test results. Excellent all weather access is enhanced with a central lane running through the flats connecting the two woolsheds, both with covered yards, with around 100 hectares deer fenced. Trough water is gravity reticulated to virtually the whole property from the district water scheme. The solid and very tidy homestead enjoys an elevated outlook from the center of the farm, with a cottage situated near the road. The bus to the popular local primary school passes the gate with a high school bus from Hunterville. The quality and scale of property that comes up rarely in any location, the sale of Chester represents a unique opportunity to purchase an outstanding property.
A PROVEN PRODUCER PLUS MUCH MORE 5620 Waiaruhe Road, Rangiwaea, Taihape A scarce opportunity to acquire this very attractive and productive 340 Ha farm wintering 3500 su - established in an area that is historically held tightly with the reputation of consistently producing top quality livestock and fodder crop production. Located in the Rangiwaea valley and only 6km from SHW 1. Contour consists of predominately undulating to easy hills with areas of flat suitable for hay or baleage all on recognised soil types. Areas of scattered native trees dot the landscape, not only enhancing the whole aesthetics of this attractive farm but also providing for excellent stock shelter plus aiding to the superb deer hunting within the farm. Infrastructure includes a quality 4 stand woolshed with covered yards (800 NP) and cattle yards with loadout both easily accessible through their convenient road frontage location. A mix of conventional and electric fencing as well as a reticulated water scheme takes care of stock water plus natural sources where needed. The farm has a good 4-bedroom home which has been renovated in parts featuring aluminium joinery and spacious living area all set amongst mature gardens. A number of purchasing options are available: 340 Ha - Entire farm, 260 Ha - Home block includes all the buildings, 80 Ha - Speedy Block Bare land. Tender closing 4pm, 3rd May 2018
637 hectares See video on website nzr.nz/RX1399391 Tender Closes 3pm Wed 11 Apr 2018, CR Law, Manchester Street, Feilding Peter Barnett AREINZ 027 482 6835 | peter@nzr.nz NZR Limited | Licensed REAA 2008
340 hectares Tender (unless sold prior) www.nzr.nz Ref: RX1423753 Jamie Proude 06 385 4466 | 027 448 5162 jamie@nzr.nz Juliane Brand 06 385 4466 | 027 515 5581 juliane@nzr.nz NZR Central Limited | Licensed REAA 2008
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farmersweekly.co.nz/realestate 0800 85 25 80
Real Estate
The contours has 220ha cultivatable and 182 medium hill with 52ha of native bush and 36ha of pines.
Trading and finishing ABOUT half of Maru Farm’s 490ha near Pahiatua can be cultivated and the mix of contour, climate and soils makes it an ideal property to finish stock. The farm sits just 6km west of the town, close to the Pahiatua Track to give it an easy 30-minute commute to Palmerston North. It’s country that flows over 220ha of cultivatable contour that merges into 182ha of medium hill with 52ha in native bush and 36ha in pine trees including 22ha that are well tended for harvest.
Maru Farms has been run as a sheep and beef finishing property in conjunction with another property. It lambs a terminal ewe flock and finishes its progeny to weights averaging 18kg CW. Replacement heifers as well as steers from both properties are grazed on the farm throughout the year. Last winter it carryied 1593 mixed-age ewes that achieved a 160% lambing, 1575 mated ewe hoggets, 700 trade lambs, 45
mixed-age cows, 93 in-calf heifers, 117 R2 steers and 122 R1 heifers. John Arends from Property Brokers says the farm is suitable for a range of farming options, assisted by its location in the lee of the ranges, which ensures a good annual rainfall between 1200mm and 1400mm that provides warm, moist summers. “It really suits an operation where you do a bit of trading and use crops to finish lambs and cattle as that is where you will make the most money.
VI W DEO EB O SIT N E
The three-bedroom homes was fully refurbished in 2012.
THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
MUST BE SOLD, COMMITTED ELSEWHERE 848 State Highway 1, Bulls Ignore previous price guidance, our owners need to sell this season. Located 7km north of Bulls, the 121ha dairy platform includes a 30ASHB, herd home plus a modern effluent system along with a modern 3 bedroom home plus a cottage on a separate title. Previously a high input system this has been dialed back with one of the owners now overseas. The main residence, not previously for sale, is now offered as an option on an adjoining 8ha title. This superior residence enjoys spectacular views and is finished to a high standard. Seriously for sale by realistic vendors who understand the market.
121 ha + home on 8ha Deadline Private Treaty nzr.nz/RX1285278 Deadline Treaty (if not sold prior) Closes 3pm, Wed 4 Apr 2018, NZR, 20 Kimbolton Rd, Feilding Peter Barnett AREINZ 027 482 6835 | 06 323 4434 peter@nzr.nz NZR Limited | Licensed REAA 2008
WELL LOCATED IRRIGATED SILTS 320 Riverside Rd, Martinborough, Wairarapa An aesthetically pleasing property with fertile alluvial soils currently used as a dairy support block and before that as an intensive cropping and livestock finishing block. Crops grown have been; peas, barley, sorghum, green feed oats, kale and brassica´s. An 8.5ha lease gives a total area of 84ha. Around 40ha of Greytown Silt Loam soil is protected from flooding and 60ha is irrigated via 40l/s bore. There is a hayshed, combination sheep & cattle yards with load out and a concrete silage bunker. This is a quality, well located and versatile property with great infrastructure that isn´t overcapitalized.
75.26 hectares Tender www.nzr.nz Ref: RX1412132 Tender Closes: 4.00pm Mon 23 April 18 NZR, 16 Perry St, Masterton Blair Stevens AREINZ 06 370 9199 027 527 7007 blair@nzr.nz NZR Real Estate Limited | Licensed REAA 2008
THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
Real Estate
farmersweekly.co.nz/realestate 0800 85 25 80
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The farm has a four-stand woolshed and covered yards built two years ago.
• • • •
quiet, gravel road that divides the property, enabling easy stock movement between the 75 paddocks, which all have three hot wires assisting conventional fencing. Water is sourced from a springfed dam and pumped to two tanks before being gravity fed to troughs in all of the paddocks. To cater for the farm’s operation are a good range of infrastructure including the four-stand woolshed with covered yards built in 2016, cattle yards, a six-bay implement
shed with a lock-up bay and a fivebay hay/implement shed. Rounding off Maru Farm is the three-bedroom plus sleepout character home that was fully refurbished in 2012 to a high standard that has created a superior family home.
MORE:
To view Maru Farm visit www.propertybrokers.co.nz ID PR60986 and for further information contact John Arends on 06 376 4364 or 027 444 7380
The farm suits an operation with a bit of trading and using crops to finish lambs and cattle.
220 COW HARI HARI STARTER
FURTHER PRICE REDUCTION
111ha River Silts
Grey Valley 320 Cows
5-year average 66,002kgs milksolids 20-aside cow shed, 2 x 4 bay sheds 1 x 3-bedroom house and 2 x 2 bedroom cottages 61ha run-off available to purchase
Real opportunity for keen energetic purchaser. Hard to find at this price with this potential. Available Going Concern $1.620M L & B + GST (if any) Web Ref GDR3269503
• • • • •
179ha Ahaura Plains Two storey 4-bedroom permanent material home 32 aside cow shed, Reid Plant, approximately 350 yard Good complement farm buildings 106,000 Westland Milk Products shares included
“I don’t think you will find one better at this value in Westland’s desirable and productive Grey Valley”. $2.950M L & B + GST (if any) Web Ref GDR3110986
Greg Daly AREINZ Mobile 027 478 3594 or A/H 03 762 6463
www.gregdalyrealestate.co.nz Real Estate Agent REAA 2008
LK0091844©
“The current owners get good weights with the stock and do a reasonable amount of cropping and regrassing, including kale and rape.” Good soil types including silt loams underpin the farming operation, which has had 110ha cultivated in the past three years with 5ha now in plantain and clover, 40ha in annual grass and 30ha in Spitfire rape and kale. Superb access throughout Maru Farm is further enhanced by a
For Sale
Island Cliff, North Otago | 447 Conlans Road 288.1 Hectares Dairy Unit With Upside. • 288 hectares freehold • 4 pivots, plus K-line on NOIC water • 175 hectares irrigated, with potential to irrigate 200 hectares • 50 bail rotary • 3 homes This property is into the third year of a five year development programme, with environmental protection and enhancement being a major consideration in the planning process. Here is your opportunity to make the upside yours. | Property ID WA1594
Licensed under REAA 2008
Deadline Sale Closing 4pm, Thursday 26 April 2018 (unless sold prior)
Inspection By appointment
Contact Ian Moore 027 539 8152 Tim Meehan 027 222 9983
Real Estate
THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
farmersweekly.co.nz/realestate 0800 85 25 80
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A character five-bedroom bungalow has been extensively renovated and has a spacious, modern kitchen and updated bathroom and lounge.
The land is roling to medium hills with 4ha of flat near the road.
Sheep and beef farm at Hunterville A WELL-APPOINTED 148ha sheep and beef farm near the rural community of Hunterville spreads over rolling to medium-contoured hills and has aesthetic appeal. Located just 6km from the village, which is a strong rural community, north of Marton, the farm has improvements that would cater for a significantly larger property including its four-stand woolshed,
sheep as well as cattle yards, three-bay implement shed and an enclosed workshop. Well-maintained tracks provide good access around the picturesque farm, which has 4ha of bush and dams for stock water scattered through all the paddocks. At the base of the hills, near the road, the farm has 2ha of flat country.
Richard White from Property Brokers says the owners have run a regular fertiliser programme, including 40 tonnes of superphosphate last spring, while a good spread of rain and temperate climate in Rangitikei District provides good growing conditions. A character five-bedroom bungalow has had extensive
renovations and it now sports a spacious modern kitchen, updated lounge and bathroom, as well as an extensive covered decking area that is ideal for entertaining. Hunterville has all the essentials for a community, such as the local primary school, a Four Square, fuel, mechanical services, veterinary services and, of course, cafes.
The highlight on the community calendar is the Huntaway Shepherds’ Schemozzle. The property will be auctioned on April 20.
MORE:
To view the farm visit www. propertybrokers.co.nz ID MTR60915 and for further information contact Richard White on 027 442 6171
Versatile block comes with rich soil it has the ability to be triple cropped. The property has been run with an adjoining 8.5ha lease block that can be renewed, enabling the total area to winter 400 head of cattle when it was a finishing block. Today, as a dairy support block, the property grows maize, with normally three to four cuts of silage to make about 1000 bales of balage a year. It also winters 460 cows for six weeks and takes 160 calves through to rising two year olds. Duck Ponds has nine paddocks, plus holding paddocks and lanes within the stop bank near the river, totalling 41.5ha, while the flood plain outside the stop bank is one large paddock and hot wires are used to subdivide this area. Troughs in every paddock
receive good-quality stock water that is pumped independently from the irrigation bore. Blair Stevens says Duck Ponds is an aestheticallypleasing property handily located to the popular wine centre of Martinborough while the Ruamahanga River provides lifestyle and recreation options. He says it is a versatile property with great infrastructure without being over capitalised. Infrastructure includes a hay shed, combination sheep and cattle yards and a concrete silage bunker. Tenders for Duck Ponds close on April 23.
MORE:
To view the property visit www.nzr.nz ref RX1412132 and for further information contact Blair Stevens on 027 527 7007
This 75ha property, now a dairy support block, has been used for intensive cropping and livestock finishing.
DAIRY, CROPPING, BEEF?
DAIRY FARM WITH OPTIONS
• Situated south of Whanganui is this 175ha farming opportunity. • Features a 20 aside herringbone dairy and 300 cow yard with adjacent feed pad. • The herd is split calving and milked all year round supplying Open Country. • Exceptional bore water supplies water to stock troughs, dairy and houses. • Large machinery shed, large silage bunker • There are two three bedroom family homes set in their own treed surrounds. • Your chance to buy this farm with a flexible takeover date and take advantages of the coming season, current RV $3 mil • Call Les to inspect, asking $2,995,000.
Sallan Realty
Google ‘Sallan Realty’ Your Farm Sales Specialist
• Situated on Rangitikei Line west of Palmerston North is this outstanding 91ha parcel of land with the option to purchase the adjoining 40ha. • Exceptional soils that are currently used for dairy farming and growing maize crops, but would suit a number of uses. • Deep lead irrigation bore in place to supply top quality water for up to 70ha of land for crops. • Current dairy infrastructure in place including a modern 30 aside herringbone dairy and 400 cow feed pad. • Would have a host of uses from market gardening, dairy or beef production, along with growing silage and crops. • Good road access with central laneway system. • Call Les to inspect.
LES CAIN 0274 420 582
Licensed Agent REAA 2008
LK0092046©
SOME of Wairarapa’s bestquality cropping soils form the basis for a 75ha property near Martinborough that has been an intensive cropping and livestock finishing block in the past and is now dairy support. Duck Ponds is well known locally as a quality property with its fertile, alluvial soils and irrigation that now distributes water to 60ha, including the sought-after Greytown silt loam soils. Significant investment has been made in the past to secure irrigation for the property with a consent in place to take 40 litres a second between October and May from a bore close to the Ruamahanga River, which runs along one boundary. At various times peas, barley, sorghum, green feed oats, kale and brassicas have all been grown on the property and
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farmersweekly.co.nz/realestate 0800 85 25 80
Real Estate
THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
Medium hill country makes up about 60% of the farm and can be driven on.
Accelerating success.
Accelerating success.
Reach more people - better results faster.
Reach more people - better results faster.
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THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
Real Estate
farmersweekly.co.nz/realestate 0800 85 25 80
15
About 20% of the farm lies on flat contour.
Entry level or addition PUKENUI on the Napier-Taupo road will tick a number of bases for buyers because of its suitability for a wide range of farming ventures and its location. The 224ha farm bounds the Mohaka River, which places it close to hunting and fishing, plus it has the full complement of farming infrastructure to support sheep, cattle, deer or dairy grazing. About 20% of the farm lies on flat contour, which is predominantly on a terrace above the river with 60% on medium hill country and 20% on steep hills. Roads bound three sides of the farm to provide good access,
including Waitara Road and Brooks Road. Much of the easy country can be driven over and tracks for quad bikes have been developed on the steeper country. Much of the property lies away from the south and combines with natural shelter to offer some protection for stock which lately has included ewes, trade lambs and cattle. The property is leased to two neighbours and the last stock records in 2016 also included deer on the 81ha of deer-fenced land. All up, the farm is subdivided into 40 paddocks, with much of the hills in two-wire cell-block-
style subdivision, plus some conventional fencing. For stock water, a pump takes water from a back dam to a tank at the highest point and then gravity feeds it to troughs. A second pump on the northern end of the farm takes water to a tank on a hill above the woolshed to service the flats and buildings. Before leasing the property in 2016, the farm had a solid fertiliser history going back 37 years of ownership. Its soils are predominantly Taupo ash and Gisborne plus Waikohau loams. It also has an area of gravel which has led to a commercial metal pit that pays a
The 1960s style house has been renovated the create an open plan design with doors to the deck.
royalty each year on a per-metre basis. Among the diverse range of farm infrastructure is the threestand woolshed that can be used with four stands and a night pen for 350 ewes. As well as the sheep yards and cattle yards with a crush, the farm has a deer shed with combined yards and an older-style hydraulic deer crush. An open-sided gable-roof haybarn and a three-bay workshop/implement shed at home complete the facilities. A three-bedroom 1960s style weatherboard home has had renovations to create an openplan design, with concertina doors opening to a large deck on two
sides. It sits 6.6km along Waitara Rd, 14km from a full primary school at Te Pohue and 49km from Bay View. Paul Harper from PGG Wrightson Real Estate says Pukenui is a great farming opportunity in a fantastic community, either as an ideal entry-level farm or addition to an existing operation. Tenders for Pukenui close on April 12.
MORE:
To view the property visit www. pggwre.co.nz # HAS27595 or for further information contact Paul Harper on 027 494 4854 or Doug Smith on 027 494 1839
Accelerating success.
Reach more people - better results faster.
colliers.co.nz
16
farmersweekly.co.nz/realestate 0800 85 25 80
Real Estate
THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
The milking platform has been gradually increasing.
No need to add water NESTLED into the Rakaia Gorge in Canterbury, a 332ha dairy farm has a stunning backdrop of mountains and a microclimate that enables it to be farmed without irrigation. Converted in 2013, the Windwhistle farm now milks 400 cows on its 158ha milking platform for a Westland Milk Products supply contract, including winter milking 140 cows for Westland’s UHT contract. Production this season, including the winter milk, is expected to reach 200,000kg milksolids (MS), which equates to 1265kg MS/ha and 500kg MS/cow, with grain and palm kernel added into the system, plus silage made on farm. On the remainder of the farm 80 calves are reared through to 90kg liveweight for a FirstLight Wagyu contract and about 40 dry cows are grazed. The property sweeps over predominantly flat contour on two large terraces beside the Rakaia River, with deep sandy loam soils on the lower terrace and deep silty loam soils on the upper terrace. Altitude ranges from 260m asl to 420m asl, with most of the effective area about 330m.
Ruth Hodges from Colliers International says the farm is in a recognised higher-rainfall environment with a good average summer rainfall. It also gets reliable pasture growth through autumn until late May. While set up for dairying, Hodges says the property also suits beef finishing or deer and as one of the most photographed farms in Canterbury, there is potential for agri-tourism ventures. Since the farm was converted to dairying the majority has been regrassed into a pasture mix of varied species including Revolution, Matrix, Alto, Trojan, Nui and clover. The milking platform has been gradually increasing with more development and crops have played their part in that process, including summer crops planted to feed between the end of December and February, oat silage, 6ha of fodder beet this season and annual crops of kale to support both ends of the season for dry cows. Due to the continued development of the farm in the past four years, Hodges says
there’s still room for upside for a new owner. As a recent conversion, the farm has a well-accessed layout connecting paddocks with the 40-bail rotary dairy which has DeLaval milking plant including automatic cup removers and a two-line, in-shed feed system. The farm is run by a husband and wife owner-operator team who employ one permanent staff member so the three homes offer ample accommodation. The homestead is a fivebedroom brick home while one staff house is a modern threebedroom home and the third house is an older, tidy twobedroom cottage. A good range of farm buildings and facilities covers its needs, from a woolshed and covered yards converted to calf-rearing facilities, to an older deer shed for more calf-rearing space and haysheds. The farm is for sale at $6.6 million.
The farm has a well-accessed layout connecting paddocks with the 40-bail rotary with DeLaval plant.
MORE:
To view the farm visit www.colliers.co.nz/148293 and for further information contact Ruth Hodges on 0273 090 334
The dairy has a twoline, in-shed feed system.
TR A NS F OR M I N G R E AL E S TAT E I N TO R E A L A DVA N TAG E
EOI
ONE OF TASMANIA’S LARGEST CONTIGUOUS FARMS
RUSHY LAGOON, TASMANIA Rushy Lagoon: 1069 Cape Portland Road +
A combined land area of approximately 21,861Ha*, inclusive of 1,000Ha* of centre pivot irrigation, 6,699Ha* of arable improved pasture, 4,178Ha* of grazing land, 692Ha* of semi-improved pasture, 1,749Ha* of coastal grazing, and 77Ha* of water storage with the balance comprising timbered land.
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Soil types across the property underpin a diverse range of livestock operations, including intensive irrigation for dairy
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Future investment in pasture development will significantly increase carrying capacity.
+
Water entitlements of 6,865ML* coupled with on-farm water storage of 4,295ML*, supported by well-designed irrigation infrastructure in a rainfall environment of 750mm* per annum.
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High quality operational infrastructure and structural improvements, including four dairies and a twenty-stand shearing shed, provide a strong platform for the livestock production systems.
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There is scope to expand the dairying platform with improved facilities and additional irrigation infrastructure.
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Current operations consist of a 4,000* head dairy herd, 6,800* head beef herd (Hereford and Angus) and 5,600* merino cross sheep.
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Rushy Lagoon is offered in one line or as separate assets to suit requirements.
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Opportunity to acquire a large-scale, agricultural enterprise on a ‘Walk In Walk Out’ basis, inclusive of all land, structures, water allocations, plant & equipment.
FOR SALE BY EXPRESSION OF INTEREST Closing Monday 30 April 2018 at 4.00pm (AEST) PETER RYAN
DANNY THOMAS
+61 418 818 444
+61 439 349 977
JARROD RYAN +61 417 848 595
*approximate area only
w w w.cbre.com.au
FOR SALE
FOR SALE
942 HA CUTOVER LAND TUAHU ROAD, Gisborne
TE MATA FOREST THAMES, Coromandel
FOR SALE OR PLANTATION MANUKA JV This land is well suited to either re-establishing a second rotation Radiata forest or, alternatively, establishing plantation Manuka to benefit from the burgeoning Manuka honey industry. + Total land area of 942 ha, with the Pinus Radiata forest currently being harvested + Progressive handback over 3 years for staged replanting
+ Approximately 90% of the land within a 2 km radius from the boundary is either exotic or native forest, providing an excellent buffer
+ 463ha land area and 280ha Radiata
+ Significant holding income until harvest is complete
+ DOC boundary, plantation manuka potential
+ First rotation forest with majority of the crop older than 20 years
+ Land is post 89 under ETS
+ Pruned and thinned, showing excellent growth
+ Extensive infrastructure and roading will be in place after harvest
+ Under two hours from Auckland CBD
FOR SALE BY NEGOTIATION
www.cbre.co.nz/49223098Q3
280 HA FOREST ATTRACTIVE LAND HOLDING
+ Significant area suits ground-based harvesting
FOR SALE BY NEGOTIATION
JEREMY KEATING
JEREMY KEATING
021 461 210
021 461 210
www.cbre.co.nz
CBRE (Agency) Limited, Licensed Real Estate Agent (REAA 2008)
t endensindep atest rural newant real er w ade. L a dec any oth en you or e thanore than ation wh or three ent now m n r m gn of ion fo ousands ful combi mpai to your ag th er blicat k a ca ral pukly - that’s at’s a pow . Boo ls. Talk ad ru issuesout specia ch ost rermers Weeher title. Th ar m s r M r pullntry’ read Fa any ot ou gh ou an e cou throu one of en th oose to ger th ill run erty in has bermers ch e for lon that wyour prop fa eekly issu eekly ers W 7,000 ad each ers W itorial on s re e Farmaverage 11 rm er Th that t in Fa tary ed . d farm k on proudevery wee untry, an ement. ty pull-oumplimen ers read very er co is rm co We’re arch says e whole ur advertecial propand get a at more fa rese er in th eing yo is a sp March aper th pap ers se autumn ents in ep th in rm fa are this isem New e advert sure you y mor d make ns appl an itio *cond
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Proven Preferred Professionals Talk to your agent now and make sure you are in the paper that more farmers read.
2355RE
For more information on real estate advertising contact Shirley Howard on 06 323 0760 or email shirley.howard@nzx.com
Real Estate
THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
farmersweekly.co.nz/realestate 0800 85 25 80
19
Three properties have been merged to form with farm on the outskirts of Palmerston North.
Potenital just beyond the city limits A 176ha Newbury property near Palmerston North is the amalgamation of three farms with outstanding soils capable of growing any crop. Les Cain from Sallan Realty says it creates a great chance to buy such a sizeable piece of land in the area, just minutes west of the city. The property is partly irrigated, has very good soil fertility and sits in a location
with city views which gives it future subdivision potential. Lifestyle blocks surround the property and Cain says it is easy to see future subdivision as the end use for the farm in the future. A resource consent for a subdivision on the Feilding side of the property is aimed at developing a private road called Harvest Lane with two non-transit road entries and exits, which Cain says could
be great in the future for this property. “We have been able to aggregate three farms into one with four road boundaries. “The 176 hectares is currently used for dairy farming but also grows great crops including maize that yield very well. “With resource consent for intensive farming the new owners can feel confident that they can farm into the future.” As a farming enterprise, the shape of
the property lends itself to cropping under pivot irrigation. “Combining this with great city views and an ever-expanding lifestyle real estate market, this property could have enormous opportunities for growth in the future.”
MORE:
For further information on the property, contact Les Cain on 0274 420 582.
DAIRY FARM
REDUCED
The shape of this properties lends itself to cropping under pivot irrigation.
ARRANGE TO VIEW PIOPIO, 499/522 Aria Road
Business time of the season, Vendor wants action!
115 Ruaroa Road, Kaitaia 5 |
3 |
2|
2
Far north lifestyle opportunity
• 4ha of fertile land, fenced paddocks • extends from road to stream • land and sheds ideal for calf-raising
__________________________________ Auction
Contact
On site 6 April 1pm (unless sold prior) Alan Broadbent 027 441 8149
__________________________________
Northland Property Group Ltd, Licensed REAA 2008
Our motivated vendor is willing to meet the market and has priced this large, 233 hectare property accordingly. Milking 620 cows with a proven production history exceeding 220,000kg/ms, this outstanding dairy unit offers true value for money. • Total land area 233.1706 hectares • 204 hectare milking platform • Modern 50 bail Rotary cowshed with all the bells and whistles • Two modern homes • Good balance of contours Situated just 5 minutes from the Piopio Village, Wairere Dairies offers a sizable land holding amongst a close and friendly community. Come see for yourself at our next open day what this farm has to offer or phone Kerry today to find out more.
REDUCED - NOW $6,500,000 Plus GST (if any) Open: Thursday 29th of March 11:00am to 1:00pm sharp. Please bring own ATV (helmet essential) www.harcourts.co.nz/OH6966
Kerry Harty P 07 873 8700 M 027 294 6215 E kjharty@harcourts.co.nz
Otorohanga FAR NORTH
Blue Ribbon Realty Ltd mreinz Licensed Agent REAA 2008
20
farmersweekly.co.nz/realestate 0800 85 25 80
Real Estate
THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
RURAL Office 0800 FOR LAND
Property Brokers Limited Licensed REAA 2008
82 ha Irrigated dairy farm
The infrastructure includes a four-stand woolshed.
DEADLINE SALE
Bare block with WEB ID WR61034 DEADLINE SALE CENTRAL HAWKES BAY 705 Burnside Road View By Appointment DEADLINE SALE closes Thursday 3rd May, 2018 at 4.00pm Recently converted dairy farm provides an excellent opportunity for many. Looking for expansion or starting out, this property will suit all. Irrigated Takapau Bevan Pickett plains flats provide versatility for any farm enterprise. Mobile 027 220 2766 Currently running a successful 260 cow, 84,000 kg/MS Office 06 928 0520 bevanp@pb.co.nz winter milk dairy operation. Includes: • Good irrigation consent Pat Portas • Excellent farm infrastructure (converted 2012/13) Mobile 027 447 0612 • 36 a-side cowshed with feedpad, two homes Office 06 928 0521 Home 06 855 8330 A well-located versatile property. Make the move now. 3 patp@pb.co.nz
www.propertybrokers.co.nz
ROLLING contour on good soils has a backdrop of limestone outcrops on a 201ha Hawke’s Bay bare block farm with coastal views beyond Waimarama Beach. Horiana Downs sits 28km southeast of Havelock North where it is farmed in conjunction with another property and carries 2100 stock units. It typically has 500 mixed-age ewes and trade lambs that vary depending on the season, plus 80 mixed-age cows, 20 twoyear-old heifers and 75 weaners.
From 10ha of flat country at the front of the property it flows over 140ha of rolling contour to 27ha of medium hills and 24ha of steep hills at the rear with those limestone outcrops. Maize, barley, lucerne and green feed crops have all been grown successfully on the farm, which is built on Kidnapper silt loam and clay loam. The mix of contour, limestone outcrops, patches of native bush and plantings create an attractive farm
RURAL rural@pb.co.nz Office 0800 FOR LAND
Property Brokers Limited Licensed under the Real Estate Agents Act 2008
Hunterville sheep and beef
Breeding/finishing 490 ha
WEB ID MTR60915 AUCTION HUNTERVILLE 582 Ongo Road View By Appointment Located only 6km from town this well-appointed sheep AUCTION 11.00am, Fri 20th Apr, 2018, Hunterville Rugby Club Rooms, Paraekaretu Street, Hunterville and beef breeding farm offers 148 ha of rolling to medium contoured hills, with a small area of flat country by the road. The property offers improvements that would complement a property significantly larger and includes a 4 stand woolshed, sheep yards, cattle-yards and a 3 bay implement shed with an enclosed workshop attached at one end. My clients have run a regular 5 Richard White maintenance programme on the farm, it features good Mobile 027 442 6171 access through well maintained tracks. Office 06 327 0070 richardw@pb.co.nz
www.propertybrokers.co.nz
1
WEB ID PR60986 $5,100,000 PAHIATUA 498 Ridge Road North View By Appointment Exceptionally well located 6km west of Pahiatua, this iconic property is a 'turn-key' operation and is ready for the new owners to capitalise on its superior ability to John Arends both breed and finish livestock. Of the 490 ha effective area, over 180 ha is easy to rolling contour suitable for cultivation, including 27 ha of fertile river flats. Combined with an excellent water system, strategic shelter belts and a recently refurbished villa set in mature grounds, this property allows you to get on and farm.
+ GST (IF ANY)
Mobile 027 444 7380 Office 06 376 4364
Jared Brock
Mobile 027 449 5496 Office 06 376 4823
3+
Phil Wilson
Mobile 021 518 660 Office 06 376 5478
1
THE NEW ZEALAND FARMERS WEEKLY – March 26, 2018
Real Estate
The farm has a backdrop of limestone outcrops and views to the coast at Waimarama Beach.
coastal views setting in a location close to the wellknown Waimarama Beach and its rural community. Natural springs and dams, plus a permanent stream running through the farm supply stock water for the 17 paddocks. The springs run to storage tanks with a pump system taking water from a stream to one of those tanks as well. A subdivision is removing the house from the property but it retains the crucial
infrastructure for farming such as the four-stand woolshed with a night pen for 300 ewes, a two-bay hay barn, implement shed and a two-bay storage shed. Tenders for Horiana Downs close on April 18.
MORE:
To view the farm visit www.pggwre.co.nz #HAS27597 and for further information contact Doug Smith on 027 494 1839 or Paul Harper on 027 494 4854
farmersweekly.co.nz/realestate 0800 85 25 80
pggwre.co.nz
TENDER
Rare Opportunity - 492 Fern Flats Road 3.3375ha kiwifruit orchard situated in the fertile Rangitikei district. Last season produced in excess of 20,000 trays on approximately 2.00ha. Majority of the labour completed with regards to this year's harvest. Three-bay implement shed with one-bay lockable plus a very pleasant house which has three bedrooms. Ideal as a starting orchard or secondary income. Farm chattels also included in sale. pggwre.co.nz/WAN27738
Marton TENDER Plus GST (if any) (Unless Sold By Private Treaty) Closes 4pm, Wed 11 April
Doug Glasgow B 06 349 2005 M 027 204 8640
dougglasgow@pggwrightson.co.nz
PGG Wrightson Real Estate Limited, licensed under REAA 2008
New Zealand’s leading rural real estate company RURAL | LIFESTYLE | RESIDENTIAL
AUCTION
Finishing Property, Superior Location • 403.7447ha (998 acres) approximately • Mainly easy to medium rolling contour • Well subdivided and watered • Spacious four-bedroom home plus two-bedroom cottage • 25km west of Waipukurau
3
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pggwre.co.nz/WPK27767
Ongaonga AUCTION Plus GST (if any) (Unless Sold Prior) Closes 2.00pm, Thurs, 3 May Ongaonga Public Hall, Bridge St VIEW 1.00-3.00pm Tue 3rd & 10th Apr & 10.00-12.00pm Thur 5th Apr
Max Lyver B 06 858 6780 M 027 597 5818
mlyver@pggwrightson.co.nz
PGG Wrightson Real Estate Limited, licensed under REAA 2008
21
Modern Dairy Farm • 211.0480 hectares (more or less) located at 648 St Leonards Road, Culverden • Modern 50 ASHB shed, Read plant, in-shed feeding system, Protrack drafting and 650-cow yard • Full range of farm buildings including calf sheds, fertiliser sheds / bins and workshop areas • Near new Valley Pivot irrigators and fixed grid irrigation system supplied from the cost effective and reliable Amuri irrigation scheme • Three dwellings including two modern Stonewood homes pggwre.co.nz/CHR27836
Culverden DEADLINE PRIVATE TREATY Plus GST (if any) (Unless Sold Prior) Closes 2.00pm, Thur 5 April
Peter Crean B 03 341 4315 M 027 434 4002
pcrean@pggwrightson.co.nz
Mark Clyne B 03 341 4301 M 027 531 2964
mark.clyne@pggwrightson.co.nz
pggwre.co.nz
New Zealand’s leading rural real estate company RURAL
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LIFESTYLE
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RESIDENTIAL
TENDER
Location Dairy Location 422 SH 30, and 46 Magee Road • 96 hectares of fertile, flat plains. In nine titles and only minutes from Whakatane township • Milking 260 pedigree Friesian cows and best production 106,000kgMS • Improvements to a very good standard include an eight year old, 40 bail rotary dairy system, Waikato Plant and ACR's, a six-bay implement shed and a 10-bay hay barn • There are two good homes, one of which is a large, beautifully refurbished homestead that any farming family would love to live in • Now after more than 90 years of one family farming this property, the current owners wish to retire, buying options arise and all tenders are welcome • A full information pack is available on request pggwre.co.nz/WHK27919
Awakeri TENDER Plus GST (if any) (Unless Sold By Private Treaty) Closes 4.00pm, Thursday 19 April VIEW 1.00-2.00pm, Tuesday 27 March & 3 April
Phil Goldsmith B 07 307 1620 | M 027 494 1844 pgoldsmith@pggwrightson.co.nz
TENDER
Beef Bees and Trees • This approximate 499ha [1233 acres] block of traditional hill country is a breeding block that has averaged 1000 stock units of sheep and beef raising good meat stock ready for fattening off site • A three stand shearing shed in good condition is positioned on the roadside and adjoining holding paddocks and yards complement the shed that contains one shearing plant • Stock yards are built for both sheep and cattle use and include a loading ramp again with direct access by trucks off Lakes Road with a good turning area. The bach is sound and in average condition • Honey producers are onsite with a number of hives. Forestry surrounds this property and the present stand of pines on the property will be harvested before or as part of this sale negotiations • After 48 years of enjoyable farming of this block and being a bit crook last year it is time to downsize. The Vendor lives in the district and will be available for advice if needed. pggwre.co.nz/WAN27925
PGG Wrightson Real Estate Limited, licensed under REAA 2008
Waverley TENDER Plus GST (if any) (Unless Sold By Private Treaty) Closes 4.00pm, Thursday 26 April PGGWRE, Hawera VIEW By appointment only
Mark Nicholas B 06 278 0420 | M 027 474 0678 mark.nicholas@pggwrightson.co.nz
pggwre.co.nz
New Zealand’s leading rural real estate company RURAL
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LIFESTYLE
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RESIDENTIAL
Desirable Historic Finishing Block
Waipu
159.156ha of flat to rolling contour, impressive sea and Whangarei Heads views. Impressive yards, reliable water and raced for access and excellent fencing throughout. Offered to the market for the first time in over 160 years is this highly recognisable finishing block located near the popular historic village of Waipu. This magnificent north facing property is renowned for finishing large well-bred livestock year after year. The century old four bedroom villa has been well maintained and renovated with attractive mature gardens. Properties like this are often sought, but rarely found! pggwre.co.nz/WEL27508
DEADLINE PRIVATE TREATY Plus GST (if any) (Unless Sold Prior) Closes 3.00pm, Thursday 12 April
Scott Tapp B 09 423 9717 M 021 418 161
scott.tapp@pggwrightson.co.nz
First Time on the Market in 40 years 1378 Wairamarama Onewhero Road This tidy 215 ha sheep and beef farm is ready for a new owner after 40 years under the stewardship of the current owner. The farm has been farmed with respect for the land and a view to the future to ensure the pasture has a healthy cover of clover. The property is supported by a North facing homestead set back off the road surrounded by specimen trees. The property is in two titles which gives options to purchase the house and 4ha (STS) separately.
Onewhero DEADLINE PRIVATE TREATY Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Monday 30 April VIEW 1.00-2.00pm Tuesday 3 & Sunday 8 April
pggwre.co.nz/PUK27945
Adrian van Mil B 09 237 2041 M 027 473 3632
High Producing Gold Kiwifruit Orchard
Whakatane
4
2
1
avanmil@pggwrightson.co.nz
NEW LISTING
Scale, Location and Quality 1015 Waimai Valley Road • 412 hectares breeding / finishing unit • Very good infrastructure • Modernised villa, four stand woolshed • Excellent mix of contour, good fencing and water • Great primary schooling close by • Properties like this rarely come to the market • Phone the agents for farm details
4
2
Te Akau DEADLINE PRIVATE TREATY (Unless Sold Prior) Closes 4.00pm, Friday, 20 April VIEW 11-1pm, Tue 27 Mar
John Sisley M 027 475 9808
jsisley@pggwrightson.co.nz
pggwre.co.nz/HAM27875
Richard Thomson M 027 294 8625
richard.thomson@pggwrightson.co.nz
PGG Wrightson Real Estate Limited, licensed under REAA 2008
66 Colebrook Road LOT 1 - 4.01 Canopy Ha G3 Gold of which .57 is just grafted, 4.36 Canopy Ha Haywood Green LOT 2 - 6.48 Canopy Ha G3 Gold, Large high stud lockup shed, toilet facilities, water tank, bore and pond. There is water for irrigation and frost protection for both titles and underground drainage, good shelter and security fencing around pond and road frontage. Area is well known for growing good numbers of trays per hectare. Each block is subject to new title being issued and can be sold separately. Lot 1 - $5.5M - Lot 2 - $6.5M
$12M
pggwre.co.nz/WHK27443
stewartmorrison@pggwrightson.co.nz
Plus GST (if any)
Stewart Morrison B 07 307 1619 M 027 442 2833
pggwre.co.nz
A FARMSTRONG EVENT FOR RURAL WAIKATO
COMEDY NIGHT SHOW Join the laughing stock
Grab your mates, neighbours or treat your workers to a cracking night of comedy for a cause. Enjoy an all-star line-up featuring Andre King, Nick Rado, Paul Ego and Tarun Mohanbhai. Saturday, 21 April Doors open 6:00pm Show starts 7:00pm
Sir Don Rowlands Centre 601 Maugatautari Road Leamington, Karapiro
Grab your tickets at youngfarmers.co.nz/nzyf
$10ts e tick
Proceeds go directly to Farmstrong Limited corporate tables available. Name your price and email info@farmstrong.co.nz
Cash food and bar available