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

 

Gareth Morgan: The Government’s Fresh Water Policy – Revisited

Fresh water quality is the latest area to be in the sights of Gareth Morgan and his research organisation The Morgan Foundation... They found that the fresh water policy was a bit murkier than the Environment Minister let on. More>>

ALSO:

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

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