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

 

Survey Reveals Huge Pasture Investment


8 March 2013

News release

Survey Reveals Huge Pasture Investment

In the past four years New Zealand farmers have sown enough new proprietary pasture seed to cover more than 1.5 million ha of land, new data shows.

“That’s the equivalent of just over 6600 average sized dairy farms,” says Thomas Chin, general manager of the New Zealand Plant Breeding and Research Association (NZPBRA).

Based on tonnages of seed sold for the four years ending 31 December 2012, the data is a NZ first and reveals the ‘colossal’ potential and effect of proprietary plant varieties on NZ farms.

“What this clearly shows is that farmers are using well-bred, well researched, proven plant genetics to get the best out of their land, and their animals,” Chin says.

“It’s good news for the plant breeders who invest heavily in developing new pastures every year and it’s good news for NZ as a whole.”

The sales data covers proprietary ryegrass, clover, cocksfoot, tall fescue and lucerne seed and comes from NZPBRA member companies.

Chin says while specialist pasture options like fescue and lucerne have a solid market, proprietary ryegrass and white clover remain by far the most planted species on NZ farms.

Over 7300 tonnes of perennial, hybrid, Italian and annual ryegrass seed was sold last year alone, with nearly 650 tonnes of clover seed.

Tall fescue totalled 217 tonnes, and lucerne 115 tonnes.

Since 2009, total proprietary ryegrass seed sales have exceeded 29,300 tonnes which at an average sowing rate of 20 kg/ha is enough to cover just over 1.4 million ha, Chin says.

“Lucerne and fescue seed sales over the same period take that total to approximately 1.53 million ha.

“Whichever way you look at it, there’s nothing like the vigor of new seed and good feed for millions of head of livestock.”

Notes:
Annually, the New Zealand seed industry produces around 115,000 tonnes of crops on 30,000 hectares. Total sales are estimated to be worth $450 million. Around 3,200 New Zealanders are employed in the industry and $20 million is spent on R&D every year.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Government: Delivering Lower Card Fees To Business

Commerce and Consumer Affairs Minister David Clark has today announced the Government’s next steps to reduce merchant service fees, that banks charge businesses when customers use a credit or debit card to pay, which is estimated to save New Zealand businesses ... More>>

SEEK NZ Employment Report: April 2021

OVERVIEW OF APRIL 2021: STATE OF THE NATION: April, for the second consecutive month, saw the highest number of jobs ever advertised on seek.co.nz. Applications per job ad fell 9% month-on-month (m/m). SEEK job ads were up by 12% m/m. SEEK job ads were ... More>>

Commerce Commission: Warns Genesis Over Business Billing Errors

The Commerce Commission has issued a warning to Genesis Energy Limited about billing errors concerning electricity line charges to business customers. Genesis reported the errors to the Commission. The Commission considers that Genesis is likely to ... More>>

Stats: Lower Job Security Linked To Lower Life Satisfaction

People who feel their employment is insecure are more likely than other employed people to rate their overall life satisfaction poorly, Stats NZ said today. New survey data from the March 2021 quarter shows that 26 percent of employed people who thought ... More>>

The Conversation: The Outlook For Coral Reefs Remains Grim Unless We Cut Emissions Fast — New Research

A study of 183 coral reefs worldwide quantified the impacts of ocean warming and acidification on reef growth rates. Even under the lowest emissions scenarios, the future of reefs is not bright. More>>

The Conversation: Why Now Would Be A Good Time For The Reserve Bank Of New Zealand To Publish Stress Test Results For Individual Banks

Set against the backdrop of an economy healing from 2020’s annus horribilis , this week’s Financial Stability Report (FSR) from the Reserve Bank (RBNZ) was cautiously reassuring: the country’s financial system is sound, though vulnerabilities remain. More>>