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


Scanning and tracking stock is key for Gypsy Day moves

Scanning and tracking stock is key for Gypsy Day moves

The key risk for farmers during this year’s June 1st Gypsy Day is ensuring that stock are accurately identified and tracked, says Michael Lee, Principal with Crowe Horwath in Invercargill.

One of the biggest days in the dairying calendar, Gypsy Day marks the start of the new season when farms are bought and sold, stock is transferred to new owners and new sharemilking contracts are signed. This year it will again fall on a Monday public holiday.

“Stock is the second-biggest investment for farmers after the farm itself,” said Mr Lee.

“Farmers need to keep meticulous records of stock movements in order to make sure there is no confusion over ownership.”

Mr Lee said technology developments meant there were now a number of stock-tracking options available, utilising EID tag systems.

Farmers using Protrac provided through LIC - the dairy farmer-owned services co-operative - could access the software’s herd recording and herd management functions and identify stock easily by running them through the milking race, he said.

Alternatively, farmers could invest in a scanning wand or hire one together with an expert, to monitor and confirm the identity of the stock, he said.

“LIC also has a new stock management app in development, which will download scanned in numbers onto your phone,” said Mr Lee.

Another major risk factor for farmers to consider was that a new farm would be likely to need new employment contracts for sharemilkers and other staff.

“All employees must have a signed employee agreement before they start, otherwise the 90 day trial period is null and void,” he said.

“The 90 day agreement can only be used for new employees. And every agreement should ideally be tailored to each worker and capture issues such as accommodation and other allowances.”

In addition, in the light of increased NZ Occupational Health and Safety Requirements, a further key risk for farmers could be mitigated by them ensuring a health and safety plan was developed and put in place prior to moving into the new farm, said Mr Lee.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Consumer NZ Testing: Nine Sunscreen Brands Fail Protection Tests

Nine different brands fell short in the latest round of testing by Consumer NZ, which covered 20 products. More>>


Media: NZME 'In Discussions' To Buy Stuff

NZME confirms that it is in discussions with Stuff’s owners Nine and has put a proposal to the Government regarding a possible transaction. However, NZME notes that these discussions are preliminary... More>>

Consultation: Plan Of Action To Protect Seabirds

The draft National Plan of Action plan outlines the Government’s commitment to reducing fishing-related captures of seabirds, with clear goals and objectives, supported by an implementation plan. More>>


Housing Issues: Fairer Rules For Tenants And Landlords

The key changes include: - Limit rent increases to once every 12 months and banning the solicitation of rental bids by landlords. - Improve tenant’s security by removing a landlord’s right to use no cause terminations to end a periodic tenancy agreement... More>>