This latest gloom mongering bullshit from the upper echelons of Auckland's highest agricultural sky scrapers fails to take into account the plain old common sense which was passed onto Adolf by a grizzled old Farm Management lecturer in 1969. His words still ring in my ears.
"Corporate farms are the current fad. They are being set up all over the world but they will never out perform the ordinary New Zealand family farm. The one unassailable competitive advantage the family farm possesses in attitude. It takes a personal stake in the business to motivate a farmer to get out of bed at 0200 and go to check that his cows are not dying of bloat."
In the forty years since that time, Adolf has seen and dealt with many corporate farms in Australia and New Zealand. They all started off with a hiss and a roar and they ALL failed for the same reason. The people actually doing the work had the attitude of employees, not owners. Oh, the fact that poor management decisions were taken by directors who had their fingers in all sorts of other pies contributed too.
Witness the most dramatic recent case, the Crayfar debacle.
KPMG cite Eastern Europe and Uruguay as examples for corporate excellence.
Well, it's not that long ago that the whole of Eastern Europe was a collective called the Soviet Union, the largest scale corporate farm ever. And if you want to see commentary on Uruguay, just ask HomePaddock why she and her husband sold their shares.