Select committee 'blew it' - Feds
Sheep and beef farmers are urging the Government to do more to stop productive farmland overrun by pine trees.
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.
Federated Farmers says the final report into banking competition is a significant step forward for rural New Zealand - and a vindication of the farming sector's concern.
Fonterra chair Peter McBride expects a strong mandate from farmers shareholders for the proposed sale of its consumer and related businesses to Lactalis for $3.8 billion.
Fonterra chief executive Miles Hurrell says the sale of the co-op’s consumer and associated businesses to Lactalis represents a great outcome for the co-op.
The world’s largest milk company Lactalis has won the bid for Fonterra’s global consumer and associated businesses.
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
It took a stint at university to remind Otago dairy farmer Megan Morrison that being stuck in a classroom was not for her.
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