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Recent Posts
- Sequestration rules will change
- Moving forward with methane levies
- Agricultural GHG bullets are firing randomly
- Key methane technologies misfire
- Simon Upton, methane and forestry
- Voluntary sequestration schemes create opportunities as well as confusion
- Carbon credits are not created equal
- Dairy is fundamental to New Zealand’s future but it needs an informed debate
- Carbon farming rocket has taken off
- Mega changes announced to forestry and carbon policies
- Climate Change Commission pours reality on HWEN proposals
- Wrestling with methane metrics
- The methane issue is far from settled
- Can agriculture meet its methane targets?
- The future for sheep
- Fonterra’s new capital structure gets closer
- Are pine trees the problem or the solution?
- He Waka Eke Noa is now the main game in rural politics
- HWEN submission
- Forestry rules about to be upturned
- He Waka Eke Noa caught in crosswinds
- Carbon farming is back in the melting pot
- Agriculture’s greenhouse gas proposals need a reset
- The carbon price marches on
- 2022 will be tumultuous for New Zealand’s primary industries
- Economic storm clouds lie ahead
- Managing inflation will be painful
- Crunch times ahead for agricultural methane and nitrous oxide
- New twists to carbon farming
- Dairy is a key to New Zealand’s future
- Wrestling with forestry decisions
- The COVID trajectory has taken off
- New Zealand needs a COVID reset
- Post-1989 forest owners face complex decisions
- Fonterra moves on strategy and stucture
- The ETS is both a goldmine and a minefield
- Carbon farming will determine the future of sheep, beef and production forestry
- Institutional investors outgun Government at carbon auction
- Food-derived opioids are a medical frontier
- Carbon farmers need to understand the ETS
- Carbon-farming economics are also attractive on easier country
- Carbon farming steps forward on the North Island hard-hill country
- The big picture with sheep
- Sheep remain dominant on South Island hill and high country
- Intensive sheep and beef provide cash but wealth depends on capital gain
- Searching for the future on the North Island hills
- Fonterra’s restructure proposal risks the co-operative
- Fonterra heads towards a new capital structure with scope for unintended consequences
- Sheep and beef farms are getting squeezed
- A2 moves from a brand to a category
Category Archives: Rural Finance
Declining dairy assets, high debt and land-use change
In recent weeks I have been writing about dairy-farm debt and declining asset values. In this article I pose the question as to whether or not we can expect to see a significant number of dairy farms convert to other … Continue reading
Posted in Agribusiness, Dairy, Meat Industry, Rural Finance
8 Comments
Dairy debt and declining values create an equity pincer
Some weeks back I wrote how the market value of dairy land is declining substantially. The biggest factor is a change in bank-lending policies such that local buyers cannot get funding. The second key factor is that foreign buyers can … Continue reading
Posted in Dairy, Rural Finance
1 Comment
Farming for cash and capital gain: the rules have changed
Regardless of whether or not a capital gains tax is introduced, the rules of farming have changed. Cash is becoming a lot more important. I recall going to a conference in late 2000 or thereabouts, soon after my return to … Continue reading
Posted in Agribusiness, Dairy, Rural Finance
3 Comments
Dairy debt an outcome of wayward policy and land-banking
In a recent article, I wrote that high debt levels within the dairy industry will constrain the industry transformation that needs to occur. Subsequently, I have been exploring how the industry got itself such a debt-laden pickle. Here is what … Continue reading
Posted in Agribusiness, Dairy, Rural Finance
3 Comments