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Europe is trying to rein in milk production by its 52,000 dairy farmers by paying them to not produce milk.
Farmers have rushed to get the cash ‘carrot’ -- 150 million euro (NZ$233 million). Agricultural commissioner Phil Hogan predicts this will cause production to fall at least 2% by late 2016, after four years of continuous increase.
It’s a last resort, said an EU official, after an earlier attempt to rein in the farmers failed. Each farmer who applies will milk 20 tonnes less (average) and will get 2800 euros (NZ$4363) compensation.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
