OSPRI writes off $17m over botched traceability system
Animal disease management agency OSPRI has written off nearly $17 million after a botched attempt to launch a new integrated animal disease management and traceability system.
The dairy industry contributed 37% of the total value of New Zealand's primary exports in 2014-15, according to DairyNZ.
This was revealed last week at DairyNZ's annual meeting in Morrinsville.
Dairy earnings for the year totalled $13.2 billion. Waikato remains the dairy heartland with 34% of the herds; it produced $2.4b of milk last year.
The Waikato's 4020 dairy herds produced 518m kgMS in 2014-15, 27% of NZ's total milk production. But Waikato's $2.4b earnings were down $1.8b on the 2013-14 season when the high milk price ($8.47 average payout) boosted the region's coffers by $4.2b.
Outgoing DairyNZ chairman John Luxton says the 2014-15 season's low milk price has affected all farms as owners and sharemilkers strove to remain profitable.
"The value of milk production to Waikato's economy is huge; the region takes a big hit when farmers do," says Luxton.
The North Island had 74% of herds, producing 59% of total milksolids; the South Island 26% of herds but produced 41% of milksolids.
The industry employed 40,730 people during the year; 27,830 worked on farms and 12,900 in processing and wholesaling.
The total number of herds reached 11,970; average herd size was 419. Last year the industry had 5 million cows.
Prime Minister Christopher Luxon will be fronting farmers at three large public meetings organised by Federated Farmers over the coming weeks.
Federated Farmers and a major Australian-owned bank are at loggerheads over emissions reduction targets set for New Zealand farmer clients.
More locally grown tomatoes are coming to stores this month and you can thank New Zealand greenhouses for that.
Changing skill demands and new job opportunities in the primary sector have prompted Massey University to create a new degree course and add a significant major into another in 2025.
It was bringing in a new Canterbury A&P Association (CAPA) show board, more in tune with the CAPA general committee, that has ensured that Christchurch will have a show this year, says CAPA general committee president Bryce Murray.
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