increase font size
MPI director-general Ray Smith.
MPI director-general, Ray Smith believes the downturn actually bottomed out in about January, and since then says things have been on the improve but adds that every sector will have different trajectory or timeline as to when there will be an improvement.
He says the downturn has been short and sharp and hopes the recovery will be fast.
“Dairy will likely bounce back in a year, but it will take longer for meat and wool to get back to past levels,” he says Smith says for dairy, volatility may be the order of day but says there is a likely return to better farmgate pay outs with MPI predicting an $8.50 payout. He notes the problems the red meat sector is facing especially in China, but adds that the US meat market is currently very strong.
For Smith, horticulture is a rising star and says it has a lot going in its favour including consumer strong consumer demand for healthy foods such as kiwifruit. He says the apple and pear sector has recovered very well considering the devastation it suffered with Cyclone Gabrielle.
He says the other thing going for the horticultural sector is that it has the most balanced portfolio of consumer-friendly markets and is not reliant on one main market.
Agriculture Minister Todd McClay says it’s not been an easy year for the sector, but says his government is focused on backing farmers and growers and putting more money in their pockets so they can continue to adapt, evolve and innovate in the future. He says his government has already begun work on reducing the impact of Wellington bureaucrats on farming by cutting red tape and ensuring regulations are fit for purpose.
There's been widespread support from the primary sector for the Government's announcement on changes to freshwater farm plans that come under the Natural Environment Bill, which is now set to replace the existing RMA.
OPINION: A simpler, clearer, more effective Recognised Seasonal Employer (RSE) scheme.
The country's second largest milk processor is warning against 'complacency' during a review of competition regulations in the dairy sector.
Agriculture Minister Todd McClay has admitted that a scheme bringing workers from Pacific nations to work on orchards has become too hard to navigate but says changes are coming.
A pause on Waikato Regional Council's (WRC) plan change that sets new freshwater rules for farming could be announced in the coming weeks.
B+LNZ's Wormwise veterinarian Mary Bowron has won the Best Sheep and Beef Vet of the Year Award in recognition of her outstanding contribution to New Zealand’s sheep and beef sector.
Researchers at Massey University are using a special piece of scientific equipment to improve the measurement of greenhouse gas emissions from pasture soils.
More signs of a booming kiwifruit sector.
OPINION: David Seymour and James Meager's plan to make it easier for farmers and orchardists to operate drones can best be described a 'courageous' move.
New Zealand wool is reaching new heights as air filtration companies move away from synthetic products to biodegradable alternatives.
Opuha Dam's ability to protect South Canterbury communities from major flooding has taken a significant step forward, with Opuha Water Limited (OWL) successfully commissioning a new outlet valve capable of releasing record volumes of water from the dam ahead of a weather event.
OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities…
OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in…
