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 Insurance & Financial Services Ombudsmen Scheme (IFSO Scheme) is advising consumers to prepare for delays as insurers respond to a high volume of claims following this week's severe weather.
Additional reductions to costs for forest owners in the Emissions Trading Scheme Registry (ETS) have been announced by the Government.
Animal welfare is of paramount importance to New Zealand's dairy industry, with consumers increasingly interested in how food is produced, not just the quality of the final product.
Agriculture and Forestry Minister Todd McClay is encouraging farmers and growers to stay up to date with weather warnings and seek support should they need it.
The closure of SH2 Waioweka Gorge could result in significant delays and additional costs for freight customers around the Upper North Island, says Transporting New Zealand.
OPINION: The year has started positively for New Zealand dairy farmers and things are likely to get better.

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