Early Bird I Thursday November 7th 2024
Description
Global Dairy Trade auction delivers major market lift, New Zealand red meat takes centre stage in China, and historic Bay of Islands show celebrates rural life this weekend.
Welcome to Proud Country's Early Bird - The top things you need to know that impact rural New Zealand delivered to you by 5am, because who doesn’t need better chat beyond the weather!
Global Dairy Trade auction delivers major market lift
The international dairy market delivered welcome news to New Zealand dairy farmers overnight, with the Global Dairy Trade auction recording its largest increase in three months. Overall market values climbed 4.8%, marking the strongest gain since August 21.
Whole milk, the key determinant in Fonterra's milk returns, increased 4.4%, it was butter that emerged as the leading achiever though, with an 8.3% increase.
Skim milk and cheddar increased by 4% while anhydrous milk climbed 4.6%.
The auction delivered increases across nearly all categories, with only lactose recording a decline. Mozzarella, which had experienced recent market challenges, managed a modest increase, reaching US$4,607 per metric tonne.
These results mark a clear turnaround after the minor dip recorded at the October 16 auction.
New Zealand red meat takes centre stage in China
The red meat industry has unveiled an ambitious marketing initiative in China, marking a major advance in promoting our agricultural excellence overseas.
The announcement was made yesterday during the China International Import Exhibition in Shanghai, where leading industry executives gathered to launch the next round of the Taste Pure Nature campaign. Minister for TradeTodd McClay, and New Zealand’s Ambassador to China Grahame Morton were also at the launch.
Led by the Meat Industry Association, the initiative brings together key agricultural organisations and government backing to enhance New Zealand's market reach. MIA’s chair Nathan Guy who is leading the delegation in Shanghai, told attendees that New Zealand continues to maintain its edge in creating world-leading, nutritious meat exports.
The three-year marketing initiative aims to strengthen New Zealand's market advantage by highlighting our natural grass-based agriculture methods and maintaining high-quality standards, including delivering clear messages about New Zealand's authentic agricultural heritage and implementing reliable tracking methods throughout the entire chain.
The campaign will target key regions within China, working to build consumer recognition and demand through coordinated marketing activities.
Industry leaders remain confident this renewed marketing drive will help achieve ambitious growth targets while maintaining New Zealand's reputation as a trusted meat producer.
AgResearch breakthrough in sheep study
AgResearch's latest work reveals breeding livestock with lower methane emissions can outrun current industry growth rates, according to evidence revealed at yesterday’s combined New Zealand Society of Animal Production and New Zealand Grassland Association conferences in Oamaru.
AgResearch lead scientist John McEwan outlined how their monitored research achieved a 0.95% yearly methane reduction while increasing animal value by $51.80, using the current Beef + Lamb New Zealand Genetics index. Their work indicates commercial animal breeders could achieve a 27% methane reduction by 2050.
These align with New Zealand's environmental goals aiming to cut methane emissions between 24 and 47% under 2017 levels. Current industry methods achieve a 2.8% methane reduction while increasing animal value by $30.80.
McEwan told the joint conference these results came directly through Beef + Lamb New Zealand Genetics' recording methods, making the technique available nationwide. The research team maintained careful methane emission records while monitoring standard industry measurements including animal growth, survival rates, and adult size.
Looking ahead, AgResearch indicates rapid industry adoption now remains the main challenge. Their method uses existing industry tools already available through Beef + Lamb New Zealand Genetics, allowing immediate implementation across commercial breeding operations.
The research demonstrates real solutions addressing both New Zealand's environmental commitments and the government's goal of doubling agricultural exports within ten years.
Hawke's Bay farmers navigate through early dry season
Ongoing dry conditions across Hawke's Bay have farmers weighing their management choices amid minimal rainfall and rising temperatures.
The region now ranks among New Zealand's driest areas, according to NIWA's latest data. Their moisture deficit chart indicates coastal lands east of Hastings and areas within Central Hawke's Bay face the most challenging conditions nationwide.
While light moisture touched Napier midweek, these minor amounts won't ease current dry conditions. The warm weather trend continues, with temperatures looking to reach 28 degrees heading into the weekend.
Federated Farmers Hawke’s Bay president Jim Galloway says farmers should maintain a watch on conditions as many are turning to irrigation, while some are looking toward early weaning while considering market timing.
Pastoral farmers may have some big decisions to make over the coming weeks if the conditions remain dry across the region.
Historic Bay of Islands show celebrates rural life this weekend
New Zealand's longest-running agricultural event, the Bay of Islands Pastoral and Industrial Show, returns to Waimate North this Saturday, continuing a tradition that began in 1842.
The historic gathering, held at the grounds behind Waimate North Mission House, routinely draws around seven thousand visitors.
The show includes the Savouring the Source Food and Wine Festival, highlighting local producers and wineries. Traditional agricultural events remain centre stage, with dairy, cattle, and sheep classes joining equestrian events and the ever-popular calf club competitions.
More than one hundred and fifty trade exhibitors will showcase their latest offerings, while the indoor hall hosts local craft and produce competitions.
The grounds' rich history traces back to early agricultural leaders who helped construct the original show hall using traditional nikau and timber materials, establishing a legacy that continues this weekend.
For more information on the show, its events and timetable go to bayofislandsshow.co.nz/
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