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

 


Deer profit initiative wins government support

20 June 2014

Deer profit initiative wins government support

The government is supporting a major initiative to increase deer farm profitability.

The Sustainable Farming Fund (SFF) is contributing up to $225,000 over the next three years to Advance Parties, a half million dollar project designed to lift deer farming profits. The balance of funding comes from Deer Industry New Zealand (DINZ).

DINZ chief executive officer Dan Coup said he was grateful for the support provided by the fund, which has appreciated the novelty and the merit of the Advance Parties concept.

“We see that as a strong endorsement for our overall deer farming profitability strategy – Passion2Profit.”

Six Advance Parties have already been formed, each involving six to eight farmers, who are trialling the concept. Each farmer identifies on-farm issues that are limiting profitability and works with other farmers to come up with solutions.

“Before getting involved, farmers agree to adopt management changes, record the outcome of those changes and to share the results with the wider deer farming community. DINZ provides an independent facilitator for each party, technical back-up and crunches the on-farm data,” says Mr Coup.

In its funding application DINZ says that with improved genetics, feeding and animal health the industry could double its export sales in seven years, with little increase in inputs.

This is highlighted by Statistics NZ figures that show an average fawn survival to sale percentage of 74 per cent, a figure that has remained constant for 20 years.

“It is up to the farmers in each party to decide what issues they want to focus on. But if it was increasing fawn survival to 85 per cent, that alone would increase net farm income per hind by $40. Or $16,000 a year in a typical 400-hind herd,” says Mr Coup.

He says deer farming is a unique industry with a proud history of innovation, from the capture and domestication of wild deer through to breeding for improved antler and venison genetics.

“Leading deer farmers have revamped the farming systems developed by the pioneers and are achieving fawn survival percentages in the mid-90s and venison yields 25 per cent higher than their peers.

“They have shown that the potential for greatly improved deer farm profitability is out there. Advance Parties are an innovative way for mainstream deer farmers to tap into that potential.“

Mr Coup says the design of Advance Parties reflects the fact that deer farmers prefer to learn from each other.

“This is about farmers helping farmers. It’s not just a new name for a discussion group or monitor farm programme. Participants commit to sharing production information and to making changes in their farming systems. Also the decisions on what changes are needed on each of the farms are made by the farmers themselves, not by a panel of outside experts.”

The Advance Party concept will be refined, based on the experience of the 2014 trial, and will be fully launched in 2015.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Final Frontier: Rocket Lab And NASA Sign Commercial Space Launch Agreement

Rocket Lab has signed a Commercial Space Launch Act Agreement with the National Aeronautics and Space Administration (NASA). The agreement enables Rocket Lab to use NASA resources - including personnel, facilities and equipment - for launch and reentry efforts. More>>

ALSO:

Scoop Business: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Ruataniwha Dam: Consent Conditions Could Mean Reduced Intensity

Legal advice sought by the Hawke’s Bay Regional Council on the Ruataniwha Dam consent conditions has confirmed that farmers who sign up to take water from the dam could be required to reduce the intensity of their farming operation to meet the catchment’s strict nitrogen limit. More>>

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news