Meat Industry Association CEO to Step Down
The Meat Industry Association of New Zealand (MIA) today announced that Chief Executive Officer Sirma Karapeeva has resigned from the role.
Fonterra would no longer be required tosell milk at a regulated price to large, export-focused processors, under options put forward in a discussion document.
Primary Industries Minister Nathan Guy has released a discussion document seeking feedback on options to amend the Dairy Industry Restructuring Act 2001 (DIRA) and its regulations.
The document is in response to the Commerce Commission's report on the state of competition in the New Zealand dairy industry, which was released on March 1, 2016. By law the Minister is required to respond to this report within 90 days of receiving it.
"After considering this report I am releasing a discussion document on options to amend certain provisions of the DIRA and transition towards deregulation."
The discussion document is seeking feedback from the dairy sector on options including:
· Amending the Dairy Industry Restructuring Act (Raw Milk) Regulations 2012 so that Fonterra no longer needs to sell milk at a regulated price to large, export-focused processors, and the volumes of regulated milk available to all other processors are gradually reduced.
· Amending the open entry provisions so that Fonterra no longer has to collect milk from new dairy conversions.
· Amending the sunset provisions so that the next competition review occurs in five years' time or if independent processors achieve a 25% market share in the North or South Island.
"As the industry progresses towards deregulation, this review progressively builds on changes made in 2012. We will see five large independent processors no longer eligible for DIRA milk from June this year."
Fonterra farmers can continue to sell 20% of their milk to other processors like artisan cheesemakers.
"I encourage all interested parties to have their say on this important piece of legislation that affects one of our largest export earning industries.
"I want to thank the Commerce Commission for its report, and the constructive way that dairy industry stakeholders have engaged in the process."
Submissions close on Wednesday, June 2 2016 and several public meetings will be held during June.
Information about the Dairy Industry Restructuring Act and review process is available on the Ministry for Primary Industries website: https://www.mpi.govt.nz/news-and-resources/consultations/proposed-changes-to-the-dairy-industry-restructuring-act-2001
New Zealand and Chile have signed a new arrangement designed to boost agricultural cooperation and drive sector success.
New DairyNZ research will help farmers mitigate the impacts of heat stress on herds in high-risk regions of the country.
Budou are being picked now in Bridge Pā, the most intense and exciting time of the year for the Greencollar team – and the harvest of the finest eating grapes is weeks earlier than expected.
The Real Estate Institute of New Zealand (REINZ) has released its latest rural property report, providing a detailed view of New Zealand’s rural real estate market for the 12 months ending December 2025.
Rural retailer Farmlands has released it's latest round of half-year results, labeling it as evidence that its five-year strategy is delivering on financial performance and better value for members.
OPINION: "We are back to where we were a year ago," according to a leading banking analyst in the UK, referring to US president Donald Trump's latest imposition of a global 10% tariff on all exports into the US.
OPINION: Expect the Indian free trade deal to feature strongly in the election campaign.
OPINION: One of the world's largest ice cream makers, Nestlé, is going cold on the viability of making the dessert.