Dairy sector profit still on the table, but margin gap tightens
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
DairyNZ says it’s backing changes to the Resource Management Act (RMA).
DairyNZ wants it to deliver reduced compliance costs for farmers, increase efficiency and improve environmental outcomes.
Chief executive Dr Tim Mackle says a comprehensive reform of the RMA is long overdue and would be a positive step not only for farmers but all New Zealanders.
“The RMA has become too unpredictable and inefficient for applicants. Farmers will be keen to see this reform deliver a process which is faster, simpler and less costly,” he says.
But unlike Federated Farmers, Mackle believes that potentially replacing the RMA with two separate pieces of legislation for environment and planning makes a lot of sense. He says it will deliver better outcomes for farm environments, which face different issues than our urban counterparts and believes that a separate environment act would also support clear and efficient environmental rule settings.
“The proposal for each region to put forward a combined development plan has some merit. A regional view could support better decision-making on issues such as the appropriate use of land to lock up carbon and the opportunities to support land use flexibility through new irrigation,” he says.
Mackle says DairyNZ wants all political parties to reflect seriously on these recommendations and to work quickly on achieving meaningful reform in the next term of Parliament.
Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
The most talked about, economically transformational pieces of legislation in a generation have finally begun their journey into the statute books.