Between 13 and 16 February 2017, the Christchurch Port Hills suffered devastating fires unlike anything ever seen there before. As I write this on 21 February, the mopping up operations continue. The fire is now apparently well under control, but hot spots remain in the burnt areas. With hot north-west winds (known locally as ‘norwesters’) in the offing, the danger is not totally over. However, as of 21 February, most hillside residents have been able to return to their homes.
I live at Kennedy’s Bush, one of the focal points of the fire. We watched as the fire went past us on 13 February, only to be threatened again on 15 February. We were evacuated for 72 hours, but were then able to return to our home with our property totally unscathed. As I write this, I can hear the helicopters hard at work again passing overhead with their monsoon buckets, and planes dropping fire-retardant materials.
In this post, I share the chronology of the fire as my wife Annette and I saw it from Kennedy’s Bush. It is largely a pictorial story from the photos we took (click once on each photo to enlarge and show the detail, then use the back button to return to the story), but with a specific focus on the chronology and the contextual background. Continue reading
The proposed 12-nation Trans Pacific Partnership (TPP) is now well and truly dead. The question is where do we go from here?
We are hearing talk from various sources about possibilities for a ‘TPP minus Mr Trump’s USA’. But that too is highly unlikely to happen. Getting Japan, in particular, to agree to something without the USA being involved is wishful thinking. And simply waiting for another four years and hoping the USA might came back into negotiations is also likely to prove wishful. Both major American political parties know that supporting a new version of the TPP is a sure way to lose the next presidential election in 2020. Continue reading
Recently I dipped my toes gently into the debate about how to use water fairly for all New Zealanders. I did so knowing that to say anything about water is like stirring up a nest of angry wasps.
Both environmental and economic development protagonists are typically convinced their cause is ‘noble’. Accordingly, many protagonists organise the ‘facts’ to support their prior-determined position. The term for this is ‘noble cause corruption’’, where ends justify means. Continue reading
Current controversies about exporting water, be that in bottles or in bulk tankers, draw attention to New Zealand’s key resource. Yes, that resource is indeed water. In a world that is chronically short of water, we in New Zealand are greatly blessed.
It is because we are so blessed that until recently we have taken the presence of water for granted. Essentially it has been a free resource. As a consequence, water law in New Zealand is real messy. And that leads to major impediments to water being used efficiently, and in ways which the different groups in society can agree on as being ‘fair’. Continue reading
For the last two years, Bellamy’s organic infant formula out of Australia has been one of the two rising stars of the Chinese infant formula market. The other has been ‘a2 Platinum’ produced here in New Zealand by Synlait for The a2 Milk Company (ATM).
In recent weeks, the Bellamy’s business has run badly off the tracks. This has sent jitters more widely through the infant formula industry. Continue reading
Fonterra has recently announced new price premiums for winter milk as from the winter of 2017. It has done this quietly, without any press release, in an email to all of its farmer suppliers.
Fonterra says it has ‘taken a fresh look at winter milk’ given increased demand caused by the success of its international value-add and food service businesses. These markets need to be serviced 12 months a year. Continue reading
Fonterra’s recent upgraded estimate of $6 per kg milksolids (fat plus protein) for the 2016/7 milk price has been welcomed by everyone in the industry. Given that it is only six months since Fonterra’s initial for this season of $4.25, the current estimate should also remind us of the impossibility of predicting milk prices with any accuracy.
This level of inaccuracy is typical of the last three years, where Fonterra’s initial estimates compared to the final price were out by $1.40 in 2014, $2.60 in 2015 and $1.35 in 2016.
Currently, we are about half way through the milk season in terms of production, and most companies will have sold about half of their total seasonal production. With some forward selling, they may even be ahead of this. It is about this stage of the season that I bring in my price-range estimate to about $1.80 (i.e. plus or minus 90c around a mid-point). Continue reading