Red Meat Sector Conference date unveiled
The Meat Industry Association (MIA) have announced the dates for the 2025 Red Meat Sector Conference.
THE BUDGET'S $40 million of new funding for irrigation projects will deliver economic and environmental benefits for New Zealand, Primary Industries Minister Nathan Guy says.
"This will help unlock the potential that water storage and irrigation can deliver, giving a real boost to jobs and exports in regional economies," he says.
"This new capital funding of $40 million comes from the Future Investment Fund and will be used to purchase shares in Crown Irrigation, enabling it to make further investments. It is in addition to $80 million allocated in last year's Budget.
"If current proposals are advanced there could be a further 420,000ha of irrigated land available for a variety of uses over time. Research from NZIER suggests that exports could be boosted by around $4 billion a year by 2026.
"Irrigation often has real environmental benefits, with more consistent river flows in summer and reduced pressure on ground water sources.
"Only 2% of rainfall in New Zealand is captured and used for irrigation. Clearly we need to do a better job of using this precious resource.
"After the extreme drought most of the country suffered last year, and the one earlier this year in Northland and Waikato, the need for better water storage is obvious," Guy says.
Crown Irrigation makes targeted bridging investments in irrigation schemes that would not be established with private finance alone. All decisions are made by an independent board.
Last month, Crown Irrigation announced its first investment, with $6.5 million going towards the Central Plains Water Scheme in Canterbury.
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.
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