NZ meat industry loses $1.5b annually to non-tariff barriers
Wouldn't it be great if the meat industry could get its hands on the $1.5 billion dollars it's missing out on because of non-tariff trade barriers (NTBs)?
Primary Industries Minister Nathan Guy has today officially declared the drought conditions on the east coast of the South Island as being a medium-scale adverse event.
"This is recognition of the extreme dry conditions farmers and growers are facing, and triggers additional Government support," says Guy.
The affected areas cover parts of Otago, Canterbury, and the Marlborough District.
"The Ministry for Primary Industries has been monitoring the conditions very closely over recent months. Most farmers have coped so far by destocking and using feed supplies, and most will not need extra support. However, it's clear that conditions are only going to get tougher as the seasons change and we need to prepare now."
This week local groups, including Rural Support Trusts and Federated Farmers, also acknowledged the need for medium scale recovery measures to deal with the consequences of the drought.
"Extra government funding will now be available to Rural Support Trusts who work closely with farmers, providing support and guidance," says Guy.
"Rural Assistance Payments (RAPs) will also be made available in the next few months. These will be available from Work and Income, through the Ministry of Social Development. They are equivalent to the Jobseeker Support benefit and are available to those in extreme hardship."
However, Guy notes that that support is already available from government agencies in all regions. Farmers can contact IRD if they need help or flexibility with making tax payments, and standard hardship assistance is available from Work and Income.
"Federated Farmers have started their feedline to coordinate supplies, and it's pleasing to see some banks offering special packages."
Guy made the announcement today at Opuha Dam in South Canterbury, which will run dry in the next few weeks without decent rainfall.
"Many rural people can be reluctant to ask for help, but it is important for them to know that support is available."
The government is continuing to keep a very close eye on Wairarapa and southern Hawkes Bay, which are also suffering from very dry conditions.
Dawn Meats is set to increase its proposed investment in Alliance Group by up to $25 million following stronger than forecast year-end results by Alliance.
A day after the ouster of PGG Wrightson’s chair and his deputy, the listed rural trader’s board has appointed John Nichol as the new independent chair.
Tributes are pouring in from across the political divide for former Prime Minister Jim Bolger who passed away, aged 90.
The iconic services building at National Fieldays' Mystery Creek site will be demolished to make way for a "contemporary replacement that better serves the needs of both the community and event organisers," says board chair Jenni Vernon.
Agri advisor Perrin Ag says its graduate recruitment programme continues to bring new talent into the agricultural sector.
Entries are open for the 2026 New Zealand Dairy Industry Awards (NZDIA).