Expert Says Fonterra Backing Current Strategy With New CEO Appointment
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
Fonterra hopes the project will help farmers adopt biodiversity objectives into their Farm Environmental Plans and support wider catchment biodiversity goals in the process.
A new project supported by Fonterra's Living Water Partnership with the Department of Conservation will help on-farm advisors grow their understanding of biodiversity, with a view to further building biodiversity objectives into Farm Environment Plans.
'Farming with Native Biodiversity' is a 20-month project coordinated by the NZ Landcare Trust and funded by the National Bioheritage Science Challenge, Living Water, Silver Fern Farms and the Ministry for Primary Industries (MPI).
Protecting and restoring native biodiversity on farms provides clean water, shelter, shade, carbon sequestration, drought resilience and other benefits of a healthy ecosystem.
The Living Water partnership has identified that the biggest barriers to the protection and restoration of biodiversity on farms is limited access to advice and ecological expertise, along with the cost of preparing restoration plans.
"There is widespred interest from farming communities and farm advisors to protect and restore native biodiversity on farms, though expert advice is hard to come by and costly," says Trish Kirkland-Smith, Fonterra's head of environmental partnerships.
Development of a farm biodiversity restoration and management plan can cost between $5,000 - $10,000, with additional costs for monitoring.
Across 25,000 pastoral farms in New Zealand, this is over $125 million for the planning alone.
"This new partnership project trials a more cost-effective way of providing expert advice to the sector, working with over 60 sheep and beef and dairy farms to develop biodiversity plans and implement biodiversity management, then sharing the results with 6,000 more sheep and beef farms and 9,000 dairy farms.
"There is widespread interest from farming communities and farm advisors to protect and restore native biodiversity on farms, though expert advice is hard to come by and costly."
The expected outcome of the project is that farmers adopt biodiversity objectives into their Farm Environment Plans and support wider catchment biodiversity goals in the process.
For Fonterra suppliers, these biodiversity plans will become a part of their existing Farm Environmental Plans, which Fonterra provides to farmer owners free of charge.
Penske Australia & New Zealand has appointed Stephen Kelly as the general manager of its Penske NZ operations, effective immediately In this role he will oversee all NZ branch operations, including energy solutions, mining, commercial vehicles, defence, marine, and rail, while continuing to be based at Penske’s Christchurch branch.
According to the latest Federated Farmers-Rabobank Farm Remuneration Report, released today, farm worker pay growth has levelled off after a post-Covid period of rapid growth.
The Climate Change Commission has recommended maintaining the current New Zealand Emissions Trading System (NZ ETS) settings but warns of a potential unit shortfall as early as 2028.
The Conservative Party warns that the upcoming free trade agreement between New Zealand and India may prioritise increased labour mobility while offering limited reassurance for New Zealand workers.
Southland District Council says it is actively managing the impacts of the current fuel supply challenges to ensure essential services across the district continue to operate safely and reliably.
A large crowd turned out for the last of the field days of the three finalists in this years Ahuwhenua Trophy to determine the top Maori horticulture entity in Aotearoa New Zealand
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