|
Post by Kiwi Frontline on Oct 30, 2018 16:32:26 GMT 12
NGĀI TAHU FARMING REPLACES FORESTRY WITH 14,000 COWS AT EYREWELLNgāi Tahu Farming will milk 14,000 dairy cows just north of Christchurch, once the remainder of Eyrewell Forest is felled. However, the South Island iwi-owned business has abandoned plans to convert some of Balmoral Forest in North Canterbury to dairy, after failing to get the required nutrient and water consents, instead focusing on beef grazing and possibly orchards. Ngāi Tahu Farming (NTF) manages more than 100,000 hectares of farm and forestry land in the South Island. Its asset value had lifted from $110 million in 2010 to $440m now as properties were developed. Chief executive Andrew Priest said its 6757ha Te Whenua Hou dairy development, north of the Waimakariri River, would continue as trees were cleared from Eyrewell Forest...... www.stuff.co.nz/business/farming/108049548/ngai-tahu-farming-replaces-forestry-with-14000-cows-at-eyrewell
|
|