Tuesday, 21 June 2016 09:55

It's not all that bad — MPI

Written by  Peter Burke
Jarred Mair, MPI's director of sector policy. Jarred Mair, MPI's director of sector policy.

The author of the MPI Situation and Outlook report says that while some of it could be construed as less than satisfactory, the primary industries overall have a "phenomenal opportunity".

Jarred Mair, MPI's director of sector policy, sees truly exciting opportunities in areas where New Zealand has not yet been -- notably high-value, processed products in which NZ will have a competitive advantage.

He believes the opportunities for NZ products in the hospitality sector are "phenomenal".

Mair says while it's tempting to look at dairy exports with nostalgia for the 2014 record result, it's important to realise that was an exception.

"Now we are [anticipating] a return to those levels through this forecast period, which at 34% is a pretty big gain over four years. Much of this will be value rather than volume, which is exciting."

Mair says horticulture has been a standout sector for the last three years.

"It shows the power of NZ primary industry, in the sense that it's diversified; so though we have had problems with one sector, another has stepped up."

Another strength emerging is farmers' growing ability to better manage adverse events, helped by technology.

"The strength of NZ's primary sector is that, having been in a market-led economy for so long, we know how to adapt and respond to challenges at the macro level," Mair says.

"A great example: the slowdown in China in dairy; we were able to quickly redistribute that product around the world and still sell it. Yes, there was a drop in price, but we were able to sell it."

More like this

Top ag scientist to advise PM

A highly experienced agricultural scientist with specialist knowledge of the dairy sector is the Prime Minister's new Chief Science Advisor.

Controls lifted at poultry farm

Movement controls have been lifted from Mainland Poultry’s Hillgrove Farm in Otago, after the successful eradication of H7N6 strain of high pathogenic avian influenza (HPAI).

Featured

LIC Space folds for good

Farmer co-operative LIC has closed its satellite-backed pasture measurement platform – Space.

Editorial: Time for common sense

OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).

National

Machinery & Products

Calf feeding boost

Advantage Plastics says it is revolutionising calf meal storage and handling, making farm life easier, safer, and more efficient this…

JD's precision essentials

Farmers across New Zealand are renowned for their productivity and efficiency, always wanting to do more with less, while getting…

» Latest Print Issues Online

The Hound

Are they serious?

OPINION: The Greens aren’t serious people when it comes to the economy, so let’s not spend too much on their…

A hurry up!

OPINION: PM Chris Luxon is getting pinged lately for rolling out the old 'we're still a new government' line when…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter