B+LNZ calls for government action as sheep and beef farm sales to forestry climb
Red meat farmers are urging the Government to act on the growing number of whole sheep and beef farm sales for conversion to forestry, particularly carbon farming.
An Austrian billionaire has been granted consent to purchase an $8m Hill Country farm.
The Overseas Investment Office (OIO) has granted Wolfgang Leitner consent to buy a 800ha property located in Kotemaori, Wairoa and convert it to forestry.
The property known as Ponui Station currently has 714ha being grazed by sheep and beef stock.
Leitner plans to plant a further 640ha of commercial forest.
Ponui Station currently has just 14ha of existing commercial forestry.
The remainder of the land includes 33ha of native bush and 113ha of unplantable land containing boundary and riparian setbacks, ponds and infrastructure.
The Bayleys’ real estate listing of the farm describe it as “clean, healthy country, sought after scale, and opportunity to extend farm capability.”
This isn’t Leitner’s first farm purchase in New Zealand, having been granted consent to buy the $4.5m, 489ha Ngapuke Station in Gisborne in September.
Leitner’s earlier purchase was also granted under the special forestry test.
Commercial fruit and vegetable growers are being encouraged to cast their votes in the Horticulture New Zealand (HortNZ) board directors' election.
A unique discovery by a Palmerston North science company, Biolumic, looks set to revolutionise the value and potential of ryegrass and the secret is the application of ultraviolet (UV) light.
A New Zealand company is redefining the global collagen game by turning New Zealand sheepskin into a world-class health product.
With further extreme weather on the way, ANZ Bank is encouraging farmers and business owners impacted by the recent extreme weather and flooding to seek support if they need it.
New Zealand must continue to educate Chinese consumers about the unique qualities of its red meat products and how they differ from competitors, says Silver Fern Farms chief executive Dan Boulton.
There are opportunities outside the farmgate for young farmers to further develop their skills, says 2025 Primary Industries Emerging Leader Award winner Bridie Virbickas.
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