Todd McClay Warns of Tougher Global Trade Environment for NZ
The stark realities of the world trade that New Zealand is having to face have been revealed by Trade Minister Todd McClay.
Sir Lockwood Smith is full of praise for the efficiency of the sheep industry, saying they have done a great job over the years.
He highlights the way they have brought in genes from all sorts of breeds and incorporated these into our base Romney flock.
This has included improving the fertility of the national flock and using terminal sires to improve the growth rate of our lambs, so they are more productive and carbon efficiency.
"Our lamb production is outstandingly good, but our beef industry is miles behind. We still have farmers in NZ who don't have yearling heifers. How can you have carbon efficiency if you don't mate a heifer until she is two years old? Some farmers might say it's difficult, but we have got to do it and we have got to produce animals that can do it," he says.
The big shift that's needed globally, says Smith, is to look at carbon emissions in relation to the nutrient value of a product.
He says when you measure cow's milk and oat milk this way, the cow's milk clearly comes out on top.
He says if NZ and other countries could tie their emissions to this criterion there would be significant progress globally on climate change.
Federated Farmers says the Government’s latest investment in road resilience is a positive step toward protecting rural communities and freight routes from increasing severe weather events.
The stockfood storage capacity of J Swap Stockfoods continues to grow in the South Island with the opening of a new store that boosts its capacity in Christchurch and work starting on another store in Southland.
Fonterra has lifted and narrowed its full year forecast earnings range to 60-70 cents per share after a strong quarter, supported by robust milk production, strong shipment volumes and continued demand across its Ingredients and Foodservice businesses.
Fonterra has announced it will continue with the planned expansion of its organic business into the South Island.
New Zealand farmers have been told they all have amazing people on their farms and have been urged to be “that one person” that can make a huge difference to those going through tough times.
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