Page 5 - Hooked on Herefords Oct 2022

• The fat colour exhibited more yellow than desirable Email Addresses
for PS Standard We’ve made it easier for you by changing our email
• Lack of marbling across all cuts addresses to posy@herefords.co.nz and
suzanne@herefords.co.nz.
European Conference 2022
P. Moody to attend as previously agreed and budgeted You don’t need to do anything your end, but don’t be
for, G. Pannett (judge) for UK show in Shrewsbury, UK, and surprised when you receive an email back with our names
R. Kane is disappointed he is unable to attend due to the included in the email address.
timing.

Board Strategy session
Scott Champion - presented to the board. Talked about
governance and skills required for council members.

Cow Fees Adjustment

Live exports have been a fantastic revenue source previously discussed, NZ Herefords determined it would
for NZ Herefords over the past couple of years and be advisable to increase cow fees yearly in line with the
acknowledging this unprecedented revenue is shortly current consumer price index (CPI). Since an increase
coming to an end, NZ Herefords board wanted to give reflecting the CPI, did not occur over the last couple of
back a portion of the unforeseen revenue to breeders. years, to avoid large increases in the future, it’s prudent
As a result, NZ Herefords board decided the fairest way that the CPI increase of 7% is introduced in October 2022.
for all breeders was to discount cow fees by 12% for The CPI for the last two years has been around 1% each
this financial year, only. You will see this clearly in your year and we chose not to pass it on. The CPI this year is
October 2022 invoice. over 7% which is too big not to pass on to avoid an even
However, it will come as no surprise, that NZ Herefords, larger increase in the future.
like all other New Zealand businesses is experiencing
increased costs across all facets of the business. This The female fees billed in October 2022 will be as follows:
has led the NZ Herefords board to review cow fees. As

FEMALE FEES for 2022: (GST exclusive)
Cows

Female fees are charged on all cow numbers (three years and over) taken from the 1st June:
$24.24 per cow for 1-50 cows in each herd - including 2022 12% discount = $21.33
$23.70 per cow for 51-100 cows in each herd - including 2022 12% discount = $20.86
$23.11 per cow for 101-150 cows in each herd - including 2022 12% discount = $20.34
$22.58 per cow for 151-200 cows in each herd - including 2022 12% discount = $19.87
$16.59 per cow for 201 plus - including 2022 12% discount = $14.60

Heifers
Female fees are charged for two-year-olds taken from the 1st June:
$15.46 per two year old for 1-50 2yr old in each herd - including 2022 12% discount =$13.60
$14.93 per two year old for 51-100 2yr old in each herd - including 2022 12% discount =$13.14
$14.39 per two year old for 101-150 2yr old in each herd - including 2022 12% discount =$12.66
$13.86 per two year old for 151-200 2yr old in each herd - including 2022 12% discount =$12.20
$13.27 per two year old for 201 plus - including 2022 12% discount =$11.68

Manual entry fees were increased to $2 per entry, to encourage members to use the available software which improves
accuracy and office efficiency. This will continue to increase annually to bring it in line with other breeds.

Hooked on Herefords NZ Herefords Newsletter. October, 2022 | 5