OSPRI writes off $17m over botched traceability system
Animal disease management agency OSPRI has written off nearly $17 million after a botched attempt to launch a new integrated animal disease management and traceability system.
DairyNZ chair Jim van der Poel says uncertainty in the dairy industry is causing farmers to think twice before investing big time in the sector.
He says while the banks are offering money to invest in the sector, farmers are taking quite a cautious approach.
He says this is because of several things such as the shortage of labour, government legislation and the milk price coming down.
“As a result, there is a real reluctance among farmers to borrow that extra money,” he says.
Van der Poel says that is a reflection of things at the moment, with confidence is quite low and people are worried about what the future may hold.
He says costs have gone up, the last two GDTs haven’t been positive and there is still a labour shortage. He says in the last three years farmers have had to work harder than they would have liked.
“It would appear that they are taking stock, sitting back for a while and seeing how things play out including what actions the Chris Hipkins government might take in the coming months,” he says.
Prime Minister Christopher Luxon will be fronting farmers at three large public meetings organised by Federated Farmers over the coming weeks.
Federated Farmers and a major Australian-owned bank are at loggerheads over emissions reduction targets set for New Zealand farmer clients.
More locally grown tomatoes are coming to stores this month and you can thank New Zealand greenhouses for that.
Changing skill demands and new job opportunities in the primary sector have prompted Massey University to create a new degree course and add a significant major into another in 2025.
It was bringing in a new Canterbury A&P Association (CAPA) show board, more in tune with the CAPA general committee, that has ensured that Christchurch will have a show this year, says CAPA general committee president Bryce Murray.
OPINION: Hats off to our pipfruit sector.
OPINION: The country's dairy farmers will now also have a hand in providing free lunch for schools.
OPINION: The abrupt departure of Synlait chief executive Grant Watson could be a sign that Chinese company Bright Dairy, the…