Good prices but cash flows are challenging
February nearly done and dusted, no pun intended with the very dry conditions we are pastoral livestock farming through right now. For me, the fifth extremely dry summer out of the last seven years. There were very good prices on beef and sheep schedules over the Christmas period, but lower advance payments to dairy farmer’s creates a significant challenge to cash flows.
Fonterra is due to update its forecast farmgate milk price, which acts as a benchmark for the industry, on Wednesday.
Global Dairy Trade auctions have lifted somewhat recently, whether that translates into a revised increase in the payout figures for this current season remains to be seen.
‘‘ New Zealand farms most dangerous workplace’’ is the headline that stood out last week. Forty-one farmers had died in the past two years, with one in five suffering injuries that put them off work. That was four times the number of fatalities in either forestry or construction.
Released statistics show the dairy sector has the highest number of all industries, and drystock is third after forestry. WorkSafe New Zealand has launched its ‘‘Safer Farms’’ initiative. Safer Farms is a multi- year programme designed to help farmers manage health and safety risks.
Matamata-Piako District Council have invited Federated Farmers and its members to attend a rural stakeholders meeting with the mayor and CEO on Monday, April 13 for our input into their Long Term Plan consultation process. We will certainly be attending and the opportunity to help plan for our community prosperity is much appreciated.
Waikato Regional Council has indicated that many farm property owners that may be within the category of the Variation 6, Water Allocation consent requirement, have not done so to date. I am getting comment that dairy herd scans are indicating a higher not in calf prognosis than last season. Inductions from now on will be only allowed in very exceptional circumstances. I am aware one is in that process now, due to a circumstance that warrants consideration.
If you have a very serious concern with possible reproduction results, start talking to your veterinary professional now to see if you meet the criteria. If declined, it still gives time to plan your next spring calving strategy.
Nice one Piarere Young Farmers! Your goodwill to erect a seven wire post and batten fence in Peria Rd to support a commemorative walkway project deserves such recognition.