ANZ defends farm lending rates
The country's largest lender to the agriculture sector says it's not favouring home loans over farm and business lending.
IF WE DON'T look after all natural pollinators, particularly the honey bee, we could see economic and social collapse, says John Hartnell, Federated Farmers Bees chairperson and a Christchurch-based exporter of bee products.
"We are truly tiptoeing around the edge of a global chasm," says Hartnell. "One-third of the food all humans eat is directly pollinated by honeybees. Nothing comes close to matching nature's super pollinator. It is why the honeybee is most indispensable animal to modern society.
"When you eat your main meal tonight, just examine what's on your plate. Anything of colour, from broccoli to carrots, or avocados to beetroot, they are only there because of honeybee pollination.
"What's more, another third of the food we eat from agriculture is indirectly supported by honeybees pollinating pasture and crops.
"While too much nitrogen can be a bad thing, too little, we forget, makes life impossible. Without bees no one would be rolling in clover. It is that simple and that stark.
"Then of course there is fruit; our sixth largest export worth over $1.7 billion each year. Whether it is kiwifruit, apple, blueberry, cherry or pear, all are directly pollinated by the honeybee.
"Without the honeybee, we'd be pretty much dependent on an austere diet of fish, starch, grains and seaweed."
Hartnell says in China much of its pear industry relies on pollination by human hand because the overuse of agricultural chemicals has made the land hostile to the honeybee.
"That is why bees are an industry group within Federated Farmers and share policy resources with our arable sector. This recognises just how vital bees are to farming and farmers know that.
"The three most important things to agriculture are 'the bees, the bees and the bees – you've got to look after the bees.' That says it all," Hartnell says.
ANZ says the latest cut to its floating rates will be welcome news to many of its business and agri customers still feeling the effects of high inflation and interest rates.
Fonterra has introduced a new UHT bakery cream for its booming foodservice business in China.
Auckland manufacturer and distributor of colostrum-based supplements, New Image International, celebrated its 40th anniversary this month.
LIC farmers are set to benefit from a genetics collaboration with US company, Sexing Technologies (ST).
"It was awesome to see not only where our milk goes but to find out more about the range of ways it's used."
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