Damien O’Connor: NZ united on global trade
When it comes to international trade, politicians from all sides of the aisle are united, says Labour's trade spokesman Damien O'Connor.
Prime Minister John Key has praised the dairy industry for driving innovation and technology at the opening of Waikato Milking Systems new $13 million building in Hamilton today.
Key says the use of innovation and science is helping the industry succeed.
He says the size of the New Zealand dairy industry is often misunderstood overseas.
"When I go out and negotiate free trade deals around the world, people often think that we are bigger than we actually are,' he says.
"We only produce 3% of the world's milk; the issue is we are the biggest exporter because of our small domestic population.
"So, we export bulk of what we produce."
Key says New Zealand's dairy industry does this in "a completely unsubsidised way" and is still successful.
And part of the reason of this success is what companies like WMS do.
Key says WMS is driving innovation and technology and use of science.
"Anyone can milk cows and own big cows; the difficult issue to get level of production and productivity that that we getting."
Key also praised WMS for not only developing milking technology but exporting it around the world.
This is crucial to New Zealand's success, he says.
Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.
The global agricultural landscape has entered a new phase where geopolitics – not only traditional market forces – will dictate agricultural trade flows, prices, and production decisions.
National Lamb Day is set to return in 2026 with organisers saying the celebrations will be bigger than ever.
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The chance of a $10-plus milk price for this season appears to be depleting.
Keep focused on things that can be controlled on farm.