Federated Farmers vows to hold banks accountable after complaint dismissed
Federated Farmers is vowing to keep the big banks accountable for their actions and to continue pushing for meaningful change in the rural lending sector.
Federated Farmers applauds the AgResearch team for a global breakthrough on hypoallergenic milk, which could add value to new milk based exports, so long as it clears regulatory and safety approvals.
"This could be a major technological advance. Five to seven of the 252 children born every minute have milk allergies or intolerance," says Willy Leferink, Federated Farmers Dairy chairperson.
"AgResearch's development has been received positively in the international media as a technological breakthrough.
Leferink says it's early days and products, if they prove possible, will take years before they are on a doctor's prescription or a supermarket shelf.
"Before it can be considered for commercialisation, hypoallergenic milk will require a lot more study and regulatory approval to ensure it is not only safe, but works.
"We also need to consider how it will sit alongside current milk production.
"Bearing in mind we are looking years into the future, I believe a product like this could be produced and processed separate from other milk. We do this now with organic milk in order to maintain its integrity.
"So assuming this does become possible, keeping things separate from conventional and organic milk and backed by clear labelling, provides choice for farmer and consumer alike.
"I believe should be looking to realise the value of this intellectual property for New Zealand and that means keeping this technology here.
"If we can meet these challenges, we should be willing to embrace new technology where there is benefit medically and economically.
"This breakthrough marries agriculture to biotechnology in a smart science led green economy. There is a lot of work to be done and hurdles to be jumped but the scientists involved deserve recognition as world-beaters," Leferink says.
New Zealand milk production is off to a strong start, with the first month of the 2025/26 dairy season recording a whopping 17.8% jump in milk production, compared to the previous season.
With adverse weather set to rain down on the Top of the South, the Bay of Plenty and parts of Northland, Agriculture Minister Todd McClay says farmers, foresters, and growers need to prepare for possible challenges.
Keep up with innovation and e-commerce in China or risk losing market share. That was the message delivered at the China Business Summit in Auckland this month.
Meat Industry Association (MIA) independent chair Nathan Guy says getting meat processors involved has been a shot in the arm for the sector's key marketing initiative into China, Taste Pure Nature.
Listed carpet manufacturer, Bremworth is undertaking a $6 million expansion at its Napier plant more than two years after the site was heavily damaged by Cyclone Gabrielle.
Federated Farmers is vowing to keep the big banks accountable for their actions and to continue pushing for meaningful change in the rural lending sector.