Some New Zealand Sawmills Are Temporarily Halting Production, As The Construction Sector Slows
Some New Zealand sawmills are temporarily halting production, as the construction sector slows. Forest manager Allan Laurie says demand for building timber for new houses has dropped in the face of rising interest rates so with too much timber on the market, prices...
Rural Insurer FMG Has Paid Out More Than $120 Million In Claims Relating To Cyclone Gabrielle
Rural insurer FMG has paid out more than $120 million in claims relating to Cyclone Gabrielle. The insurer has settled 43% of the 10,500 claims relating to Cyclone Gabrielle and the Auckland Anniversary Weekend floods combined. Claims cover everything from damage to...
The Forest Owners Association Says The Just Announced Reform Options For Revising The Emissions Trading Scheme Will Cause A Shortfall Of Plantation Forests For Sequestering Carbon In New Zealand
The Forest Owners Association says the just announced reform options for revising the Emissions Trading Scheme will cause a shortfall of plantation forests for sequestering carbon in New Zealand and make meeting our 2050 emissions target impossible. FOA president,...
Both Major Fertilizer Traders Ballance And Ravensdown Have Dropped Their Prices
Both major fertilizer traders Ballance and Ravensdown have dropped their prices. Ballance reduced its urea price by $100/tonne to $880/tonne, Sustain down by $100 to $929/tonne. SuperNZ also drops by $100/t to $910/t. Ravensdown also dropped its urea price by $100 to...
New Zealand Shearer Rowland Smith Has Had A Confidence-Boosting Win Over Reigning World Champion Welsh Shearer Richard Jones
New Zealand shearer Rowland Smith has had a confidence-boosting win over reigning World Champion Welsh shearer Richard Jones, in the last competition before the 2023 Golden Shears World Shearing and Woolhandling Championships. The win came on Sunday at the Royal Three...
Farmers’ Satisfaction With Their Banks Continues To Slide With More Feeling They Are Under Undue Pressure
Farmers’ satisfaction with their banks continues to slide with more feeling they are under undue pressure. This is the finding of the latest Federated Farmers Banking Survey which reveals the majority of the 1017 respondents to the May survey remain satisfied with...
The Government Has Released Ideas To Get Its Emissions Trading Scheme To More Effectively Reduce Pollution
The Government has released ideas to get its Emissions Trading Scheme to more effectively reduce pollution. Currently, a large emitter can buy carbon units from forests to cover its entire greenhouse footprint, which effectively offsets the pollution. Climate Change...
The Weather Was Fine On The First Two Days Of Fieldays But The Figures Are Down On Pre Pandemic Years
The weather was fine on the first two days of Fieldays but the figures are down on pre pandemic years. A total of 105,000 came through the gates over the four days…well down on the record years where numbers were around 135,000. To mitigate that though is the fact...
Hope Could Be On The Horizon For Growers Facing The Loss Of Their Livelihoods Following Cyclone Gabrielle
Hope could be on the horizon for growers facing the loss of their livelihoods following Cyclone Gabrielle. Cyclone Recovery Minister Grant Robertson says the government is in discussion with the horticulture sector about what it can do. Hawke’s Bay growers have aired...