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

 

Kapenga M Trust Wins 2012 Ahuwhenua Trophy

MEDIA RELEASE


June 8, 2012


Kapenga M Trust Wins 2012 Ahuwhenua Trophy for Maori Excellence in Dairy Farming


A commitment to maintaining land and resources for future generations was a strong theme at this evening’s final of the prestigious 2012 Ahuwhenua Trophy – Bank of New Zealand Maori Excellence in Farming competition which was won by the Kapenga M Trust from Rotorua.

Chairman Roku Mihinui accepted the Ahuwhenua Trophy at tonight’s Award dinner at Auckland’s SkyCity Convention Centre, on behalf of his farm staff, board, trustees and shareholders.

“Look after Mother Nature and she’ll look after you. Recognise when she is stressed and work with her as naturally as possible to achieve a sustainable environment,” he said.

The Kapenga M Trust has 915 shareholders of Tuhourangi descent.


His Excellency, Lieutenant General, the Right Honourable Sir Jerry Mateparae, GNZM, QSO presented Roku Mihinui with the trophy before an enthusiastic audience of over 580 people.


“Platinum sponsor BNZ’s Head of Agribusiness Richard Bowman who presented the winner with a gold medal said BNZ has long recognised that Maori agribusiness is a dynamic part of the wider sector.


“We have sponsored the competition for 10 years now and have seen it, and the farms it showcases, go from strength to strength and become industry leading businesses for the benefit of their iwi, communities and the country as a whole.

“We're truly honoured to partner with this prestigious Award and recognise the mana associated with all who are connected.”

The other two finalists in the competition were Tauhara Moana Trust (Taupo) and Wharepi Whanau Trust, (Te Puke).


Chair of the Ahuwhenua competition’s management committee, Kingi Smiler said that the success of Kapenga M highlights the sophistication of an increasing number of highly successful Maori owned agribusinesses.

“At the heart of their success is the priority they put on environmental and cultural concerns. They know that as the current caretakers of their land they are responsible for ensuring this precious resource is available to future generations to provide for themselves and their families and to contribute to the wealth and prosperity of the whole country,” he said.

The Ahuwhenua Trophy is the premier award for Māori in agriculture. It acknowledges and celebrates business excellence in the New Zealand pastoral sector and is open to Māori farming properties either owned individually, or managed by Māori Trusts and Incorporations in New Zealand.


Each year it alternates between beef and sheep farms and dairy farms. This is the fourth year since the competition was revived in 2003 that entrants have competed for the Ahuwhenua Trophy for excellence in Māori dairy farming.


The winner of the Young Maori Farmer Cadet/Trainee Award was announced earlier in the evening. The inaugural winner was Tangaroa Walker (Ranginui/Pukenga). This, another prestigious award, is sponsored by AgITO, Te Puni Kokiri, Allflex and Maori Trustee.


BNZ is the Platinum Sponsor for the Ahuwhenua Award. Gold sponsors are Fonterra, DairyNZ and Te Puni Kokiri. Silver sponsors are AgResearch, AgITO, PGG Wrightson and Ballance Agri-Nutrients. Bronze sponsors are the Ministry for Primary Industries, Allflex, AFFCO, BDO, Māori Trustee, LIC, Re:Gen and Polaris. Sponsor support was also be supplied by Tohu Wines, FOMA, Landcorp, Agrecovery, DB Breweries and Ecolab.

For more information contact:
Media Advisor Pamela Fleming – 0274 575677


The Kapenga M dairy unit, 20 km to the south of Rotorua is a 330ha property currently running a mixed Jersey/Friesian herd of 1,020 stock units. Its stock performance centres on a strategy of developing high breeding worth cows that can harvest high levels of pasture.

Since 2009 the farms total milk production has increased steadily from 241441kg in 2008 to 371169 kg although its herd has only increased by nine cows. Production per cow has gone from 246kgMS to 372kgMS.

The farm is owned by the Kapenga M Trust which has a proud association with the Ahuwhenua Trophy competition having won the Ahuwhenua Trophy for sheep and beef farming in 2003.

The Kapenga M Trust has 915 shareholders of Tuhourangi descent. They own a total of 1,858 hectares which include a sheep and beef farm and a deer farm. The Trust is currently harvesting 100 hectares of forestry woodlots planted 28 years ago.

Proceeds from this harvest, coupled with last year’s record Fonterra payout, encouraged the Trust to consolidate its property and grow its holdings to include land with genealogical connections to its current owners. In 2008 it sold its dairy farm situated some 60 kms away at Mamaku and has bought a 250ha dairy farm adjacent to its Waikite Valley holdings. Both properties are on land that Tuhourangi have a whakapapa connection to since the eruption of Tarawera in 1886.

The Kapenga M Trust pays regular annual dividends to its owners. It also provides education and kaumātua grants and is a Foundation investor in the Te Arawa Future Farming Training programme

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Consumer NZ: Bank Complaints On The Rise, Survey Shows

Nearly one in five Kiwis had a problem with their bank in the past year, Consumer NZ’s latest satisfaction survey finds. Consumer NZ chief executive Jon Duffy said the number of bank customers reporting problems had jumped to 18%, up from 11% in 2020... More>>

Federated Farmers: Applauds UK-Australia Free Trade Deal

News that Australia and the UK have signed a free trade agreement is a promising step forward in the fight against tariffs and protectionism, Federated Farmers says.
"It reinforces the international rules-based trading framework and is important for rural producers and global consumers," Feds President Andrew Hoggard says... More>>



REINZ May Data: House Price Rises Continue; Auckland Hits New Record Median Price Again

Median prices for residential property across New Zealand increased by 32.3% from $620,000 in May 2020 to $820,000 in May 2021, according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data in New Zealand... More>>


Stats NZ: GDP Climbs 1.6 Percent In March 2021 Quarter Following December Dip

Gross domestic product (GDP) rose by 1.6 percent in the March 2021 quarter, following a 1.0 percent fall in the December 2020 quarter, Stats NZ said today. "After an easing of economic activity in the December quarter, we’ve seen broad-based growth in the first quarter of 2021... More>>

Reserve Bank: Debt Serviceability Restrictions Added To Policy Toolkit

The Reserve Bank – Te Pūtea Matua and the Minister of Finance have agreed to update their shared Memorandum of Understanding (MoU) on macro-prudential policy and add debt serviceability restrictions to the list of potential tools available... More>>


Auction: 1.4 Million In Rare Vintage Watches, Gems, Jewels & Diamonds Go Under The Hammer At Webb’s

An auction event showcasing over 1.4 Million dollars in rare jewels, gems, diamonds and vintage watches is due to take place this Sunday by Auckland based auction house Webb’s... More>>