Paris Agreement debate splits NZ farm sector
The debate around New Zealand's future in the Paris Agreement is heating up.
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.
Beef + Lamb New Zealand released updated independent research by Orme & Associates showing a further 38,921ha has been confirmed as sold since the last report in September 2024.
Revised confirmed sales in 2023 now total 29,518 hectares and in 2024 now 30,483 hectares - that figure is expected to rise as further sales are confirmed.
Sales through Overseas Investment Office approvals and to carbon-only forestry entities continue to dominate.
The total amount of whole sheep and beef farms sold since 1 January 2017 is now over 300,000ha.
B+LNZ chair Kate Acland says the figures reinforce the need for action.
"While we appreciate the Government's announcement this week about legislation being introduced to restrict wholesale conversions based on land use classes, the numbers show whole-farm sales for conversion to forestry for carbon credits are continuing at pace.
"Anecdotally we're still hearing of a significant number of farms being sold this year, despite the Government announcing the limits last year.
"We're concerned that some sales are continuing on the basis of intent to purchase land before the limits were announced. We urgently need the Government to tighten the criteria around proof of intent to purchase."
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
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