Red meat rebound
The red meat sector is poised for a strong rebound this season, with export receipts forecast to top $10 billion and farm profitability to almost double.
Matt McRae, a farmer from Mokoreta in Southland who runs a sheep, beef and dairy support business alongside a sheep stud, has been elected to the Beef +Lamb NZ Board as a farmer director.
McRae received 5,104 weighted votes. Glen McDonald received 1,552 weighted votes and Simon Davies received 811 weighted votes.
B+LNZ Board Chair Kate Acland congratulated McRae, noting he is currently Chair of B+LNZ’s Southern South Island Farmer Council.
“Matt is already highly engaged with the organisation and I look forward to him bringing new ideas and energy to the Board table.
“I’d also like to thank Glen and Simon for standing for election. It’s heartening to see such a high calibre of candidates put themselves forward.”
Turnout for the director election was 15.95 percent, which is on par with comparable organisations.
Current Southern South Island farmer director Geoffrey Young is retiring at the annual meeting.
“At that time, we’ll formally farewell and thank Geoffrey for his service to the organisation. He has been a strong advocate for sheep and beef farming interests in the deep South and has brought a collaborative approach to Board discussions.”
Results of other voting – Company resolutions to increase director fees and to appoint an auditor – will follow the annual meeting on Wednesday (18 March).
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
OPINION: The Government's decision to reinstate agriculture and horticultural science as a standalone subject from Year 11 is the right one.
Dairy farmers, still holding onto their Fonterra shares despite switching milk supply elsewhere or exiting the industry, now face a stricter share sell-down requirement.
Hamilton-based agritech company Aimer Farming has completed a $3 million capital raise to support its next stage of growth, including a beef farming product due to launch in 2027.
When dairy manager Miriam Lauridsen learned the farm, she was joining held weekly health and safety meetings, she initially thought that was “a bit over the top”. Experiencing that culture changed her mind.
Nominations are open for the 2027 Fonterra Dairy Woman of the Year Award.

OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities…
OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in…