Farmers faring well amid summer heat
Dairy farmers are faring well despite data showing above average temperatures for most of the country.
The Government is investing a further $37.5 million into water security for Northland.
Deputy PM Winston Peters and Regional Economic Development Minister Shane Jones today announced the new funding and the location of a new water storage site.
The new funding follows a Government announcement in April that up to $30 million would be provided through the Provincial Growth Fund for Far North, Mid-North and Kaipara to investigate potential water storage sites in the regions.
A water storage site has now been chosen in Ngawha after months of technical assessment. Construction on the site could begin in September, earlier than the initial aim of this summer.
Both Ministers say they hoped work would begin earlier than initially announced if the project could be fast-tracked through new Resource Management Act provisions developed by Environment Minister David Parker following COVID-19.
“An earlier start to construction would mean more work sooner for contractors and businesses in the region at a time when Northland is suffering through the fallout from the COVID-19 pandemic,” says Peters.
“Bringing the start date forward by months would also mean an earlier finish date, and earlier access to a secure and reliable water supply for a region that has been hit hard by drought.”
Jones says the additional funding of $37.5m from the Provincial Growth Fund (PGF) will be used to accelerate and expand the delivery of the Northland water storage programme as part of the Government’s COVID-19 response.
“We recognise the value of providing more upfront investment to get these projects moving ahead and lift regional productivity significantly in a much shorter time frame,” says Jones.
“It also provides a visible vote of confidence in the Government’s intention to back its regions.”
Farmlands says that improved half-year results show that the co-op’s tight focus on supporting New Zealand’s farmers and growers is working.
Horticulture New Zealand (HortNZ) says that discovery of a male Oriental fruit fly on Auckland’s North Shore is a cause for concern for growers.
Fonterra says its earnings for the 2025 financial year are anticipated to be in the upper half of its previously forecast earnings range of 40-60 cents per share.
Beef + Lamb New Zealand (B+LNZ) is having another crack at increasing the fees of its chair and board members.
Livestock management tech company Nedap has launched Nedap New Zealand.
An innovative dairy effluent management system is being designed to help farmers improve on-farm effluent practices and reduce environmental impact.