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.
The debate around New Zealand's future in the Paris Agreement is heating up.
While some farmers are pushing for NZ to withdraw from the climate change pact, industry-good bodies DairyNZ and Beef+Lamb NZ warn against doing that.
Federated Farmers is also grappling with the issue.
As Rural News went to press, the Feds annual meeting in Christchurch was deliberating on several remits from some provinces to withdraw from the Paris Agreement, which NZ signed in 2016.
The Government has no plans to withdraw. At the Primary Industries Summit in Christchurch last week, Agriculture Minister Todd McClay said that leaving the Paris Agreement would be madness.
He warned that other countries would use that to block our exports and clear our products from their supermarket shelves.
"There would be consequences, whether you believe in climate change or not, because the world does not owe New Zealand a living," says McClay.
Methane Science Accord spokesman Owen Jennings says the Minister of Agriculture and Trade has a strange idea of 'madness'.
"The claim that the world's supermarkets would refuse to stock New Zealand's healthy food if we left the Paris Agreement is a much better definition of 'madness' than his idea that leaving would have dire consequences," he told Rural News.
"Why on Earth would they refuse our superior quality food, that has the lowest carbon footprint of any exported produce, in exchange for environmentally-inferior goods produced in crammed, smelly barns and over-crowded feedlots often shot full of hormones and antibiotics?"
He says McClay ought to be asking all food exporters for their comment on leaving the Paris Agreement.
"He might find his claim about an adverse reaction is not shared by all of them," says Jennings.
DairyNZ chair Tracy Brown says exiting the Paris Agreement would not be in dairy farmers' interests as they believe it would affect our credibility with customers.
Dairy drives the export-led NZ economy, which is underpinned by trade agreements that specify adherence to the Paris Agreement, she told Rural News.
"A lot of work goes into negotiating trade agreements, with modern ones including environmental language and all coming up for renegotiation at some stage, so we need to be well placed on this. We would want to see the Agreement implemented as intended: without limiting food production and export revenues."
Beef+Lamb NZ chair Kate Acland told Rural News that they were "very unhappy" about the Government's revised international commitment that they made earlier this year.
"However, there are real trade risks if New Zealand withdraws from Paris - it would not just be symbolic," says Acland.
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.
Fonterra chair Peter McBride expects a strong mandate from farmers shareholders for the proposed sale of its consumer and related businesses to Lactalis for $3.8 billion.
Fonterra chief executive Miles Hurrell says the sale of the co-op’s consumer and associated businesses to Lactalis represents a great outcome for the co-op.
The world’s largest milk company Lactalis has won the bid for Fonterra’s global consumer and associated businesses.
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
It took a stint at university to remind Otago dairy farmer Megan Morrison that being stuck in a classroom was not for her.
OPINION: Your old mate reckons townie Brooke van Velden, the Minister of Workplace (or is it Woke Place) Relations is…
OPINION: There's an infamous term coined by a US general during the Vietnam war, specifically in reference to the battle…