Select committee 'blew it' - Feds
Sheep and beef farmers are urging the Government to do more to stop productive farmland overrun by pine trees.
The New Zealand Meat Board (NZMB) oversees $2.6 billion of red meat exports to the quota markets of the European Union, United Kingdom and United States.
The quotas mean NZ exporters save tariffs worth $934 million every year - comprising $609 million for EU and UK sheepmeat and goatmeat, $6.8 million for EU high quality beef and $317 million for US beef and veal.
NZMB chair Kate Acland made the comments at the board’s virtual annual meeting held last week.
Acland told attendees that NZMB’s administrative role has expanded significantly since the board’s establishment more than a century ago.
“The NZMB has been working in the background for more than a century, ensuring seamless market access for our goods, and it’s also been funding industry good projects for many years.
“Prior to the UK’s exit from the EU, the NZMB administered three World Trade Organization (WTO) quotas.
“Two quotas were added following Brexit and a further two as a result of the NZ-UK Free Trade Agreement (FTA). A further three quotas will be added when the NZ-EU FTA enters into force, bringing the total to 10 quotas.”
There was strong interest in beef access under the new tariff free UK FTA beef quota, delivering positive signals into this market, she says.
“Between May 2023 and December 31 2023, more than 1,700 tonnes entered under this new quota with tariff savings of $9.9 million.
“Preparation for the EU FTA is underway and it is anticipated implementation requirements can be concluded for entry into force by mid-2024.”
Sam McIvor, chief executive of the NZMB, said the Board’s work during 2023/24 included planning to establish the management systems for administering the new FTA quotas.
“With support from the New Zealand Government, the NZMB successfully secured paperless quota certification in the US quota market, realising significant economic benefits for exporters. The Board is now seeking expansion of paperless quota certification to other quota markets.”
The NZMB also administers significant farmer reserves, currently standing at $79 million, held as a contingency fund to help New Zealand re-enter export markets in the event of a biosecurity incursion or disruption in quota markets.
Interest from this fund is used for industry-good projects. Following consultation with farmers, the Board is now considering proposals to allocate up to $700,000 in ongoing investment to the Informing New Zealand Beef (INZB) genetics programme and up to $1 million into a new programme focused on eradicating facial eczema in sheep.
New Zealand First leader and Foreign Minister Winston Peters is ratcheting up pressure on Fonterra farmers as they vote on divesting the co-operative’s consumer and related businesses.
Alliance Group's Pure South Handpicked 55 Day Aged Beef has been recognised on the world stage, securing top honours at the World Steak Challenge in the Netherlands.
Meat co-operative, Alliance has met with a group of farmer shareholders, who oppose the sale of a controlling stake in the co-op to Irish company Dawn Meats.
Rollovers of quad bikes or ATVs towing calf milk trailers have typically prompted a Safety Alert from Safer Farms, the industry-led organisation dedicated to fostering a safer farming culture across New Zealand.
The Government has announced it has invested $8 million in lower methane dairy genetics research.
A group of Kiwi farmers are urging Alliance farmer-shareholders to vote against a deal that would see the red meat co-operative sell approximately $270 million in shares to Ireland's Dawn Meats.
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