Todd McClay Warns of Tougher Global Trade Environment for NZ
The stark realities of the world trade that New Zealand is having to face have been revealed by Trade Minister Todd McClay.
The Government is funding a feasibility study to investigate what would be required for a successful farmer-led purchase of the McCain Foods' vegetable processing site in Hastings.
In March, McCain Foods wrote to growers announcing the closure of its Hastings processing site.
At the time, Central Hawke's Bay Mayor Will Foley claimed the closure would have a significant impact on the region, which was already grapping with the restructure of Watties announced that same month.
Now, Agriculture Minister Todd McClay says the Government will commit $50,000 for the first stage of a feasibility study to assess what would be required for growers to purchase the site so it could be commercially viable.
“I’ve met with growers, local MPs Katie Nimon, Catherine Wedd and Minister Mike Butterick as well as mayors from the region and this week my officials from the Ministry for Primary Industries (MPI) visited to speak to those on-the-ground and gather more information,” McClay says.
He says he is getting regular updates on the situation.
"I know this is a difficult time for the more than 100 Hawke’s Bay growers impacted by the site’s closure and the rural communities they belong to.
“I’ve asked my officials to remain in close contact with growers and to provide their expertise where required.”
Mainland Poultry has confirmed new ownership of its vertically integrated agribusiness with Pacific Equity Partners Gateway (PEP Gateway) now joining current shareholders Navis.
The recently published State of the Industry -Tractors and Machinery 2025 from the Australian Tractor and Machinery Association (TMA), the equivalent of New Zealand’s TAMA, gives an interesting perspective of the industry.
Strong competition and tightening supply have seen wool reach its highest prices paid at auction since 2011.
The Government is funding a feasibility study to investigate what would be required for a successful farmer-led purchase of the McCain Foods' vegetable processing site in Hastings.
A young man just five years out of his Lincoln University degree already has his foot in the door of farm ownership, as equity manager of a large new dairy conversion now taking shape in Mid- Canterbury.
Visitors to the LIC stand at this year’s Fieldays can expect practical farm conversations, specialist drop-in sessions and exclusive shareholder events.

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