Editorial: Time for a reset
OPINION: The Government's recent announcement that methane targets will be reviewed is bringing relief to farmers.
South Canterbury processor Synlait is throwing its support behind the government’s “bold’ Zero Carbon Bill.
The company says the targets in the Bill are aligned with Synlait’s commitment to sustainability announced in June 2018.
Synlait has committed to achieve on-farm reduction of greenhouse gas emissions (GHGs) by 35% per kilogram of milk solids (kgMS) by 2028, including a reduction of methane by 30%.
Synlait also has targets for its manufacturing sites and supply chain including reductions of GHGs by 50% per kilogram of finished product by 2028.
“We believe we need to play our part and help lead our industry to a low emissions future. We’re making good progress and exploring new avenues,” says Synlait’s chief executive Leon Clement.
“As part of this work we have been investigating methane reduction and are pursuing some encouraging technologies that decouple the correlation between methane generation and herd size,” says Clement.
Synlait’s farming programme Lead With Pride was also given a boost in June 2018 under the new sustainability strategy. Higher incentive payments have led to many more farmers moving towards certification, with Lead With Pride certified milk supply expected to increase 40% by the end of FY19.
The programme recognises and rewards Synlait’s milk suppliers who achieve dairy farming best practice.
Rural trader PGG Wrightson has revised its operating earnings guidance, saying trading conditions have deteriorated since the last market update in February.
It's been a bumper season for maize and other supplements in the eastern Bay of Plenty.
Leading farmers from around New Zealand connected to share environmental stories and inspiration and build relationships at the Dairy Environment Leaders (DEL) national forum in Wellington last month.
AgriZeroNZ, a joint venture fast-tracking emissions reduction tools for farmers, is pouring $5 million in a biotech company to develop a low emissions farm pasture with increased productivity gains.
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Te Awamutu dairy farmers Doug, Penny, Josh and Bayley Storey have planted more than 25,000 native trees on the family farm, adding to a generations-old native forest.
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OPINION: Synlait's financial woes won’t be going away anytime soon.