Why Now Is the Time to Plan Farm Succession, Findex Says
OPINION: Succession and long-term planning are perennial topics because it is perpetually sidelined on busy farms.
The Ministry of Primary Industries (MPI) has paid out almost $124 million in compensation for claims related to the cattle disease, Mycoplasma bovis.
In its latest stakeholder update on the disease, MPI says almost 1500 claims were paid and completed: 126 claims are being processed with 23 working days on average to pay a new claim.
To date there have been 218 confirmed cases of M. bovis: 166 in the South Island and 52 in the North Island. Of these, 193 properties have been cleared while 25 remain active.
As at December 2019, over 130,000 animals have been culled. Over 1.1 million tests have been completed on farms.
M. bovis was first identified in New Zealand in July 2017. In May 2018, MPI announced the Government, dairy and beef industries had agreed to eradicate M. bovis from New Zealand.
Synlait has swung to second-half profit as operations stabilise, but the dairy processor still posted a $75.4m annual loss.
LIC shareholders have elected a new North Island representative to the co-operative's Board, along with five representatives to its Shareholder Reference Group (SRG), following the company's Annual Meeting held in Invercargill.
Farmers across parts of Southland and South Otago are continuing to deal with difficult conditions after a prolonged run of wet weather, with pressure building around feed supply, stock management, pasture damage, farm infrastructure and everyday workloads.
Federated Farmers says it welcomes Labour's commitment to reviewing the Sharemilking Agreements Act, calling on other major parties to do the same.
For Canterbury dairy farmers Sian Meijer and Rick Wobben, wearable technology has become one of their most valuable on-farm tools - helping manage 1850 cows across an expansive, high-performing dairy operation while improving efficiency, mating outcomes and day-to-day decision making.
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.