Federated Farmers hails rural banking report
Federated Farmers says the final report into banking competition is a significant step forward for rural New Zealand - and a vindication of the farming sector's concern.
Farmers on the East Coast of the South Island are looking to move their stock to greener pastures as the hot and dry weather conditions continue to intensify.
The Feds are encouraging drought affected farmers struggling due to the dry El Nino weather pattern to continue destocking as necessary – and to think further afield.
"Farmers who have stock to shift should start thinking outside the regions they would usually sell to," says Federated Farmers national meat & fibre chairman Rick Powdrell.
"Likewise, if you have surplus feed and can assist farmers in areas struggling with drought by taking on stock, broaden your search - there are bound to be farmers who need a hand."
"This is an industry issue, we all need to think about assisting these farmers, to maximize the potential of these animals while keeping their welfare front of mind," he says.
Powdrell says there are various avenues farmers can consider taking when looking to buy or sell stock.
"Maintaining close contact with traditional channels such as your meat company and agent will be helpful - and they may be able to assist with getting your stock to other parts of the country or helping you to find stock to take on," he says.
"There are also new alternative methods emerging such as Stock X, a secure online trading platform. Those with stock to sell can create listings and potential buyers from anywhere in the country can browse the listings. Stock X has pledged a fifth of their commission to support drought affected farmers in Canterbury."
Powdrell says the welfare of the animals remains paramount both on farm and throughout transport.
"It goes without saying that all animals need to be confirmed fit for transport before they commence their journey."
Farmers who require support throughout the rest of this testing season or who have concerns for friends or neighbours are encouraged to get in touch with the Rural Support Trust.
After serving three as a DairyNZ director, Waikato farmer Chris Lewis is ready for another term.
DairyNZ has announced the date for its six-yearly Milksolids Levy vote, which will take place from Monday, 16 February to Friday, 13 March 2026.
LIC has reaffirmed its sponsorship of the New Zealand Dairy Industry Awards (NZDIA) by signing up as a national sponsor for another three years.
On track for a fifth consecutive year of organic milk price increases, Fonterra is seeking more suppliers to meet growing global demand.
Converting a Banks Peninsula farm to dairy is expected to reduce its environmental footprint by 46%, say its owner and manager.
Research and healthcare initiatives, leadership and dedication to the sector have been recognised in the 2025 Horticulture Industry Awards.