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).
New Zealand exports to the European Union have surged by $3 billion in two years under the New Zealand-European Union Free Trade Agreement.
A new joint investment of $1.2 million aims to accelerate farmer uptake of low-methane sheep genetics, one of the few emissions reduction tools available to New Zealand farmers.
The Food and Agriculture Organization of the United Nations (FAO) has issued a stark warning about the global implications of the ongoing Gulf crisis.
Fonterra has announced interim changes to the leadership of its Global Ingredients business.
New Zealand agritech company Halter has announced unveiled a new direct-to-satellite technology solution for its smart collars for beef cattle, unlocking virtual fencing for some of the country's most remote farming regions.
Dairy Women's Network (DWN) has announced a new limited edition DWN Monopoly NZ Dairy Farming Edition, created to celebrate the people, places and seasons.