Dear MyFarm Investor
With most of New Zealand now confined to the comfort of our homes, MyFarm is incredibly grateful to the brave men and women working for us out there in the paddocks, orchards, gardens, vineyards, tunnel houses, packhouses and in supply chains – harvesting, processing and delivering food and beverages. Crops are being picked despite shortages of people. Product is being classified, tested and packed despite problems with operating processing facilities under social distancing guidelines.
These activities are considered by the Government as 'essential' – because food doesn't 'magic' itself onto our supermarket shelves. We also feed millions of people overseas with safe, high-quality wholefoods and our agri-food sector continues to play a vital role in earning valuable overseas currency to pay for the imported goods we need.
Although conducting commerce at these times might seem strange, it is important that we stay safe but keep our primary industry working wherever we can. At MyFarm, we are continuing to work on providing rewarding investments to our clients. We know life will be different after our time in isolation, but the stronger our economy the better New Zealand will come through this pandemic.
Our existing MyFarm syndicates are in excellent hands with our operational business partners, Freshmax, DMS, Rockit, Orchard Investments, Hop Revolution, Southern Cross, Misty Cove, Sacred Hill and Comvita working hard to get through harvest and post-harvest as quickly and safely as possible. There will be problems with the supply chain but domestic and overseas orders are still being fulfilled.
If you are already a MyFarm investor, our team will continue to provide you with regular updates on the status of your specific investment. For a broader picture, and up to date research and analysis of the primary sector, I recommend subscribing to Con William's excellent weekly email - Raw Files. To do that just click here.
It is in times like these that land-based investments should come into their own and provide returns where other investments can't. Permanent crop horticulture, in particular, can generate attractive returns while also providing valuable defensive characteristics for your investment portfolio. These investments are not buffeted by market perceptions and will benefit in the short to medium term from lower bank interest rates and a very favourable exchange rate.
Now is also a time of opportunity and during this lockdown we will continue to pursue new investment offers that you may want to add to your portfolio.
If you would like to discuss your current MyFarm investment or any possible investment opportunities, I welcome your call on either of the numbers below.
CEO, MyFarm Investments.
H 06 328 7028
M 029 440 6605