On The Land - Episode 94

17/2/2017

On The Land - Episode 94

Dairy cow and dairy goat values drop, sheep and beef up.The latest National Standard Cost Values are out and dairy goats and dairy cows are back 22percent while sheep and beef are up 6 percentGST System.The new system is now in place and has been met by a mixed reaction, but IRD want to hearthe good and the bad.Northland Drought relief.Northland has been declared a drought area and therefore attracts special tax reliefincluding deferring tax payments on capital stock sales until next financial yearImplications caused by Donald Trump Role. It seems Donald Trump is mellowing slightly as he finds he has to live and work within a set of rules.Trade with the USA still OK Despite fears that New Zealand could be pushed away as the TPPA is dissolved, it seems that one on one deals are still open.Malt Europe Needing barley. After moving their focus to the North Island growers, Malt Europe have been caught short of supply and are now asking growers with free grain for contracts. Documentation is vital for cropping farmers.Accountability has become vital and if New Zealand is to continue to export anything, a full set of records must be provided and that includes cropping farmers. Aussie harvest a boomer. Australia have had a huge grain harvest despite reports that it was likely to be a poor one.Weather conditions have been ideal providing the growers massive crops, but there’s warning for companies wanting to import Aussie grain; If it is landed in Auckland it will be very costly to get it to mills using internal transport.Breeding Queen Bees in a rural town works well. An ex bee keeper is breeding and selling queen bees as a business from his home in Rangiora, and it is helping to restock hives all over the country.Some relief for Hawkes Bay; Drought stricken Hawkes Bay has had some rain, but is still in need for more. Low water levels means manage what you have With many areas suffering from low water levels, growers are being asked to not over water crops and pasture and work within the needs of plants as days get shorter and demand reduces.We must have a wet autumn and winter to survive. Low water reserves and high irrigation usage has led to a very strong need for recharge and a wet season is now vital for next summer’s irrigators. Medical problems often a signal to slow down. Injures and ailments are often a sign that your body needs a rest and it is making you take time out by laying you low. A focus on world and local economic effects. Facing reality, bilateral verses multilateral, world trade, trade agreements, and New Zealand inflation all get a going over as John Walley make sense out of the world and what ishappening in it.

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