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

 

Working On It: Update On Meat Shipments

Primary Industries Minister Nathan Guy has provided an update on progress being made in resolving the delays in clearance for some meat exports to China... “New Zealand is a trading nation and from time to time these kind of technical delays will occur. This is a temporary issue, but we’re confident it can be resolved,” says Mr Guy. More>>

ALSO:

Scoop Business: NZ’s Services Sector Expands At Fastest Clip In 5 Mths

New Zealand’s services sector, which accounts for about 70 percent of economic activity, expanded at the fastest pace since October last month, led by activity/sales. More>>

ALSO:

Scoop Business: MRP Senior Managers In Line For $1.2M In Bonus Shares

Senior executives of newly listed, state-controlled MightyRiverPower are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30, one of the company’s first disclosures to the NZX and ASX as a listed company show. More>>

ALSO:

Scoop Business: NZ Houses Overvalued By 25%, IMF Says

New Zealand housing is already overvalued by about 25 percent and if it continues to rise may force the Reserve Bank to hike interest rates, according to the International Monetary Fund. More>>

ALSO:

Odometer Moments: CO2 Hits 400ppm

As the amount of heat-trapping carbon dioxide in the atmosphere hit the symbolic milestone of 400 parts per million (ppm), youth climate change organisation Generation Zero says it is time for New Zealand to rise to the challenge of building a zero carbon future. More>>

Trust Planned: Shared Vision For Mackenzie Basin Welcomed

Conservation Minister Dr Nick Smith and Environment Minister Amy Adams today welcomed a report proposing a way to manage the contentious land intensification, water, landscape, and biodiversity issues in the Mackenzie Basin. More>>

ALSO:

Scoop Business: Fidelity Acquires Most Of Tower’s Life Business For Net $70M

Fidelity Life Assurance has acquired most of Towers life insurance business for a net amount of about $70 million, propelling the closely held company to the third-largest in the market. More>>

ALSO:

The Friendly Skies: Air NZ Pressures Regulator To Drop ‘Untenable’ Cartel Case

Air New Zealand, the national carrier slated for a partial sell-down by the government, has ramped up pressure on the Commerce Commission to drop its long-running pursuit of the airline’s alleged involvement in a global cartel on air cargo surcharges. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news