Help available for flood-hit farmers
The chair of the Otago Rural Support Trust, Tom Pinckney, says he believes that they will be especially busy in the coming months as the enormity of the floods hit home.
Primary Industries Minister Nathan Guy recently launched a new scheme to lift the productivity and profitability of sheep and beef farmers in Manawatu-Whanganui.
The Sheep and Beef Land Productivity Programme comes out of the recently released Manawatu-Whanganui Growth Study, which identified the sheep and beef sector as a key opportunity for the region.
“This region has the largest number of sheep and beef cattle of any in New Zealand, so improving the performance of these farms will be an economic boost,” says Guy.
“We know the top 20% of red meat farmers achieve returns about four times more than those of the average red meat farmer, irrespective of land class and location. This shows the potential on offer.
Guy says a regional working group has begun developing a draft programme structure, looking at how to support farmers to reach their goals and remove barriers to them doing so.
“It will inform and inspire farmers through practical initiatives that make sense and work on the ground,” he adds.
“Of course the Government can’t and shouldn’t do this on our own and this will require involvement and investment by farmers and stakeholders. So it’s great to see there is widespread support from regional leaders to get cracking.”
ANZ says the latest cut to its floating rates will be welcome news to many of its business and agri customers still feeling the effects of high inflation and interest rates.
Fonterra has introduced a new UHT bakery cream for its booming foodservice business in China.
Auckland manufacturer and distributor of colostrum-based supplements, New Image International, celebrated its 40th anniversary this month.
LIC farmers are set to benefit from a genetics collaboration with US company, Sexing Technologies (ST).
"It was awesome to see not only where our milk goes but to find out more about the range of ways it's used."
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