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

 

Following role models could double NZ food production

30 June 2011

Following role models could double NZ food production

New Zealand could produce enough food to feed around 40 million people if every farm performed at the same level as the most profitable, said Ballance Agri-Nutrients Chairman, David Graham.

He was speaking at the Ballance Farm Environment Awards annual showcase held in the Hawke’s Bay on 25 June.

“New Zealand currently produces enough food to feed approximately 20 million people. We know our most profitable farms achieve an economic farming surplus of $3,500 per hectare, yet the average farm achieves just over $2,000 and about half of all farms are operating below this.

“To double the amount of people we can feed we must lift our production by working on assisting the bottom half of this bell curve to lift its game.”

He said all New Zealanders can look to the inaugural winners of the Gordon Stephenson Trophy and national winners of the 2011 Ballance Farm Environment Awards, Grant and Bernadette Weller, as an example of best practice being achieved on the land.

“We all know that sustainability and profitability go hand-in-hand, so let’s show the rest of New Zealand just how hard we’re working to protect the environmental and economic future of this country of ours, while at the same time assisting to feed the world’s growing population.”

The Wellers, who farm an 850 ha effective sheep and beef farm in the Waimea Valley, Southland, were chosen from nine regional winners.

Mr Graham said the agricultural sector needed role models like the Wellers.

“Farmers do best when they can see the results for themselves and what better way to learn than from someone who has been there and done that to perfection.”

Mr Graham said helping lower performing farms maximise their nutrient uptake would lead to better environmental outcomes, better growing and better profits.

“Nutrients getting into waterways is not sustainable for the environment or the farmer’s back pocket.”

He also stressed the importance of a whole farm nutrient management approach, with Ballance extending its business to meet farmers’ complete animal nutrient needs from pasture through to supplements to support customers’ growth goals.

“Animal nutrition represents the single biggest opportunity to boost productivity and therefore profit for pastoral farming in New Zealand. We want to ensure that opportunity is easily taken up.”

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Commerce Commission: Mercury Cleared To Acquire Trustpower’s Retail Business

The Commerce Commission has granted clearance for Mercury NZ Limited to acquire Trustpower Limited’s retail business. Deputy Chair Sue Begg said the Commission is satisfied that the acquisition is unlikely to substantially lessen competition in any New Zealand market.... More>>



Consumer NZ: Buy-now, Pay-later Raking In $10m+ In Late Fees Annually

A Consumer NZ survey has found buy-now, pay-later services are costing shoppers more than $10 million a year in late fees. Close to four out of 10 Kiwi consumers use buy-now, pay-later services, such as Afterpay, Laybuy and Zip... More>>

Westpac: Catherine Mcgrath Appointed New Zealand CEO

Westpac Group CEO Peter King and the Westpac New Zealand Board today announced the appointment of Catherine McGrath as Chief Executive Officer, Westpac New Zealand... More>>


Statistics: Surge In Imports Results In Record Monthly Trade Deficit
Imports increased $1.8 billion in August 2021 compared with August 2020, resulting in a record monthly trade deficit of $2.1 billion, Stats NZ said today. Exports were little changed, down $42 million. "This is a larger deficit than normal because of higher values for imports.. More>>

Fonterra: Completes reset, announces annual results and long-term growth plan out to 2030

Fonterra Co-operative Group Limited today announced a strong set of results for the 2021 financial year, reflected in a final Farmgate Milk Price of $7.54, normalised earnings per share of 34 cents and a final dividend of 15 cents... More>>


Statistics: GDP rises in the June 2021 quarter

Gross domestic product (GDP) rose by 2.8 percent in the June 2021 quarter, following a 1.4 percent increase in the March 2021 quarter, Stats NZ said today. June 2021 quarter GDP was 4.3 percent higher when compared with the December 2019 quarter... More>>