Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Agri-business boom at Fieldays

MEDIA RELEASE
31 August 2007, for immediate release

Agri-business boom at Fieldays

The New Zealand National Agricultural Fieldays continues to be New Zealand’s most successful agricultural hypermarket with sales figures from the 2007 event released today.

Fieldays exhibitors report sales during the four day event of over $180 million, a new Fieldays record. Including the sales following the event, the total grew to $273 million. Fieldays General Manager, Barry Quayle says that the event continues to be a significant business driver in the agricultural sector. “Fieldays is more than the largest agricultural showcase in the Southern Hemisphere, the event is an indispensable element of agri-business in New Zealand, providing the unique opportunity for agricultural suppliers to meet and sell to the largest gathering of farmers and growers in New Zealand, as well as buyers from overseas,” Quayle says.

Fifteen percent of Fieldays sales are to overseas farmers and organisations, a figure organisers hope to build upon with the Fieldays Goes Global initiative, a programme designed to support exhibitors in attracting high-value international customers to the event, supported by tailored travel and itinerary options and specialist trade advice.

Quayle is pleased with the reported results and is optimistic about the future of the event. “It’s important to remember that dairy farmers are yet to receive the actual benefit of the increased payout,” Quayle says. “A range of other factors including the readjustment of the New Zealand dollar, positive movements in other primary industry sectors and, of course, the excitement surrounding our 40th birthday celebrations will add to the buoyant dairy industry to continue the success of Fieldays in 2008.”

Professor Frank Scrimgeour of the University of Waikato Management School says that the ongoing success of Fieldays is a testament to the breadth and depth of agribusiness activity at the event. “The 2007 success continues the strong recent history of the event and provides a robust platform for future growth - facilitating the uptake of new technology within New Zealand agriculture and as a significant export event as overseas sales expand significantly,” he says.

Plans are well underway for an extra special Fieldays in 2008, when the event will celebrate 40 years of business and put Premier Feature, ‘The Science of Farming (supported by AgResearch) under the microscope.
(Ends)

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Stats: Rugby World Cup Visitors Spent $390 Million

Visitors to New Zealand for the Rugby World Cup spent around $390 million, according to the International Visitors Survey released by the Ministry of Economic Development today. More>>

ALSO:

Scoop Business: SCF Accused Name Suppression Lapses

Name suppression for the last two people accused of committing a $1.7 billion fraud though failed lender South Canterbury Finance lapsed today. More>>

ALSO:

Scoop Business: Over—paying Just As Risky As Underpaying, Says Hudson

Overpaying employees is just as risky as underpaying them, according to recruitment firm Hudson’s latest report, as no organisation wants to be represented by someone driven by price. More>>

ALSO:

Scoop Business: Lloyd Morrison Leaves Big Shoes To Fill In NZ Leadership

With the untimely death of Wellington businessman and identity Lloyd Morrison at the age of 54, New Zealand has lost one of its singular characters, let alone business leaders. More>>

ALSO:

NIWA: Experts Set Sail To See How The Ocean Creates Clouds

Next week, NIWA’s research vessel Tangaroa will set sail for the Chatham Rise, for an international study of how microscopic organisms in the surface waters may affect the creation of clouds. This work is important because, “We need to understand ... More>>

ALSO

 
 
 
 
 
Business
Search Scoop  
 
 
powered by newsagent
NZ independent news