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

 


Silver Fern Farms & Federation of Maori Authorities Combine

Silver Fern Farms & Federation of Maori Authorities Join Forces

New Zealand’s largest meat producers’ co-operative Silver Fern Farms and the Federation of Maori Authorities are joining forces to provide further opportunity and benefit to Maori dry stock farmers, who make up a large proportion of the Federation’s membership base.

The relationship has been forming for some time and has been consummated by a Memorandum of Understanding signed by the respective CEOs of the two organisations in Tauranga today. This will see Silver Fern Farms become a key sponsor of the Federation’s annual conference and its key primary sector fora.

Federation CEO TeHoripo Karaitiana is excited about the opportunities this will present to its farming members, many of whom are already part of the Silver Fern Farms whanau.
“We have agreed to work on initiatives that will deliver real, measurable benefit to those members who wish to participate,” he said. “That doesn’t require them to change their allegiances to other processors but will at least provide them with the opportunity to come to some understanding of the sustainable practices that are driving the Silver Fern Farms business model and building greater resilience in their co-operative base.”

The joint plan that the two parties have committed to initially will focus on:
· Developing farm systems (through FarmIQ)

· Leveraging collective scale

· Leveraging collective influence

· Developing the capacity and capability of people and communities


“We will be working on the detail of these initiatives and advising our membership base about the opportunities they will have to participate,” Karaitiana said. “We will make this as inclusive as possible.”

There are approximately 950,000 hectares of productive rural land in Maori hands, two-thirds of it in pasture supporting dry stock operations. Almost 90% of that land is under the governance of 363 mostly Ahu Whenua Trusts or Incorporations which either are members of the Federation or are eligible to be.
These entities represent the core of the Maori agri-business sector that has lifted its performance noticeably over the past five years. They have been significant benefactors of the commodity boom that has been a key contributor to the growth in the New Zealand economy over recent years.

Silver Fern Farms acknowledge the Maori contribution to this uplift, and also that Maori farmers take a long-term, inter-generational view that makes them reliable and durable development partners. That inter-generational view is something they have in common with very many of the Silver Fern Farms’ whanau, and sustainable farming is a guiding belief for the company according to Silver Fern Farms Chief Executive Keith Cooper.

“There are strong synergies between us. We are proudly ‘100% Made of New Zealand’ and this partnership will strengthen that belief, as it will our belief in sustainable farming,” Mr Cooper said.
“We see a great opportunity to weave the rich Maori heritage into our branding on premium products to create value with high end global customers.”

“This collaboration has a strong focus on people. We will develop skills in order to grow the productive capability of Māori Authority farm businesses. There will be good mutual benefit from an increased supply of livestock to the sector, and by the integration of information from plate to pasture, through FarmIQ.”
The Federation in turn acknowledges the solid platform that the Silver Fern Farms provides through its scale, and the opportunity it presents through its horizontal integration and its reach in to growing off-shore markets.

“We have focussed very hard for some years now on optimising production and quality to the farm gate,” Karaitiana said. “Silver Fern Farms provide a safe passage further along the value chain for those Maori farmers that wish to develop a greater understanding with a view to becoming more active in this area.”
Silver Fern Farms is NZ’s leading procurer, processor and marketer of lamb, beef and venison, producing 30% of these meat products annually. It represents more than 16,000 sheep, beef and venison farmers, and employs 7000 people at the peak of production at its 22 sites around the country. Its annual turnover is approximately $2.2 billion.

The Federation, the leading Maori business network that recently celebrated its 25-year anniversary, has over 100 members with assets worth in the vicinity of $7 billion. Its reason for being is to help its members prosper and grow.

The two parties are committed to “building our industry in our country”, and will do this in ways that are sustainable and help grow people and build communities, the MoU states: “It makes sense that we work together; we each have a national legacy, the courage to create history and work for the collective good – and to work to a long-term time horizon.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Air NZ Wine Awards: Victory For Villa Maria As Pinot Noir Thrills

It was a night to remember as Villa Maria Estate picked up one of the highest accolades of the evening, the O-I New Zealand Reserve Wine of the Show Trophy, at the 28th Air New Zealand Wine Awards. The Villa Maria Single Vineyard Southern Clays Marlborough ... More>>

ALSO:

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Get More From Scoop

 
 
Standards New Zealand

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