Beef+Lamb NZ Says Sheep And Beef Sector Fundamentals Remain Strong
The fundamentals of the beef and lamb sector are sound, despite some challenges on the horizon, says Beef+Lamb NZ chair Kate Acland.
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.
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
RaboResearch senior analyst Emma Higgins expects the 2026/27 dairy season to be another profitable one.
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
A potential showdown between the top two Federated Farmers leaders looms at the farmer lobby's annual meeting later this month.
FarmIQ Systems has developed a free land management app to help remove barriers to New Zealand farmers and growers adopting digital tools.

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