Open Country opens butter plant
When American retail giant Cosco came to audit Open Country Dairy’s new butter plant at the Waharoa site and give the green light to supply their American stores, they allowed themselves a week for the exercise.
Finance Minister Bill English says it turns out that the country is not as dependent on the dairy industry as we thought.
"We certainly benefited from its strength through 2009-10 when the dairy industry helped pull the country out of recession ," he says.
"Now we see a whole range of industries where there size is such when they grow as they are, it is taking the whole national economy forward."
English made the comments while opening the 2016 National Fieldays.
English singled out the horticulture industry and the sheep and beef industry as doing well.
He says the economy has pretty strong prospects because "it turns out we have a well balanced export sector".
"Of course there are risks out there; on any given day we can worry about whether the Chinese credit bubble will burst or whether Britain will leave the EU.
"Both of these things look a bit more likely this week than they did last week."
The 2026 Holstein Friesian NZ Black & White Youth Auction has once again proven the strength of support behind the breed’s young people, raising $20,130 for the HFNZ Black & White Youth programme.
Westpac NZ has become the first New Zealand bank to receive approval from the Reserve Bank of New Zealand (RBNZ) to secure and leverage kiwifruit growers' Zespri shares.
Bank of New Zealand (BNZ) and Pāmu (Landcorp Farming Limited) have developed a new way for landowners to earn revenue from existing native forests.
Despite near universal optimism in the rural sector, a panel of New Zealand’s leading food and agri minds caution that the sector must be intentional about its future path.
The dairy industry cannot rest on its laurels despite providing one in every four export dollars earned by the country, says DairyNZ chief executive Campbell Parker.
The Government is looking at intervening on behalf of Waikato farmers who face new regulations around agricultural land use while Resource Management Act (RMA) reforms are underway.

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