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

 


Bigger Payout Means More Will Shop At Field Days

Bigger Payout Means More Visitors Will Head To Field Days To Shop – President


A higher dairy payout means more farmers will be spending more money at the 2013 Northland Field Days in February according to Northland Field Days president Lew Duggan.

Fonterra lifted payout predictions for the end of this season from $5.25kg/MS to $5.50kg/MS also increasing 2012-2013 season to $5.90-$6.

While he says many farmers will be keen to pay down debt that extra cash should also flow through to more spending at the Northland Field Days February 21-23.

“Farmers tend to save up big purchases for the field days to take advantage of time and money saving opportunities at the event,” says Duggan “2013 should definitely reflect that with the higher payout.”

An Enterprise Northland commissioned AUT Economic Impact Study discovered that in 2008 1250 people surveyed specifically went to the field days to buy something with spending averaging out at $738 per visitor including food and accommodation.

Duggan attributes this to specials offered up at the event and the ability to talk to a lot of retailers at the same time.

“How many other times are there in the year when a farmer will have all the dealers in one small place?” asks Duggan. “It's a huge time saving opportunity and to make matters better most dealers save up some of their best specials for this time.”

Oakleigh dairy farmer Murray Byles has been going to the Northland Field Days for the past 20 years because of the savings available and the proximity of dealers."Dealers generally offer Field Days specials out there so if I'm going to buy anything I'll do it then," says Byles. "And it's in the second half of the season when you generally know where your finances are at. Byles usually goes with something in mind, in 2011 it was a quad causmag grass seed spreader."I was able to go round everybody who had spreaders and get prices," says Byles. "If it were any other time it would have taken a couple of days but they're all there."

The Northland Field Days will be held from February 21-23 in Dargaville, two and a half hours North of Auckland. For more information call Meagan on 09 439 8998, email info@northlandfielddays.co.nz or visit the website http://www.northlandfielddays.co.nz

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news