US removes reciprocal tariff on NZ beef
Red meat farmers and processors are welcoming a US Government announcement - removing its reciprocal tariffs on a range of food products, including New Zealand beef.
Beef + Lamb NZ has welcomed most of the recommendations in the latest report by the Parliamentary Commissioner for the Environment (PCE) relating to land use change.
Chair Kate Acland says the case studies show that existing and expected environment-related policies and rules, could lead to a significant decline in the sheep and beef sector.
In his report, the PCE, Simon Upton says for too long the issue of land use change has been relegated to the 'too-hard' basket and it's now time to confront some of the difficult questions regarding this.
He says while afforestation should continue, it should be in a way that is better suited to the landscape. He adds that national-level regulations that impact on land use change do not consider the differences of NZ landscapes and their communities. He says at present land owners are the main decision makers when it comes to land use change, but argues that catchment groups provide a way for willing land users to learn from each other.
Acland says B+LNZ supports the PCE's concerns about the impact of NZ's current policy settings around forestry offsetting in the ETS. She says the PCE modelling shows a high risk that major areas of productive farms will continue to be converted into forestry for carbon credits under current policy settings. Acland says they also support the PCE's recommendation for a 'catchment based approach' to environmental rules.
Virtual fencing and herding systems supplier, Halter is welcoming a decision by the Victorian Government to allow farmers in the state to use the technology.
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
New Zealand’s national lamb crop for the 2025–26 season is estimated at 19.66 million head, a lift of one percent (or 188,000 more lambs) on last season, according to Beef + Lamb New Zealand’s (B+LNZ) latest Lamb Crop report.
Farmers appear to be cautiously welcoming the Government’s plan to reform local government, according to Ag First chief executive, James Allen.
The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.
Fonterra's Eltham site in Taranaki is stepping up its global impact with an upgrade to its processed cheese production lines, boosting capacity to meet growing international demand.

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