‘Red letter day’ for ag sector
Farmers are welcoming the announcement of two new bills to replace the under-fire Resource Management Act.
No Federated Farmers conference would be complete without the injection of a little politics.
This year, the theme of politics and trade was picked up by the leaders of the Labour and National Party, who were the first two speakers at the two-day conference.
If you were expecting a vigorous or rowdy debate you would have been disappointed; the perceived battle between Hipkins and Luxon was a bit of a fizzer.
Only Labour and National leaders were invited to speak. The potential coalition partners and the gaggle of political nobodies were left off the programme. To have ACT there might have been something of an embarrassment anyway given former president Andrew Hoggard's defection to ACT.
Hipkins noted that many rural people were hurting for a variety of reasons, including adverse weather events.
He said he recognises their frustrations and acknowledged that his government had not always got things right. However, Hipkins said NZ still had to move fast to respnd to signals from our export markets that sustainability and climate change are profoundly changing consumer behaviour.
He talked mainly trade and the success of his recent China trade mission, and the importance of trade agreements to NZ. He promised to make trade a priority and said he'd like to lead more trade missions.
Meanwhile, Luxon's pitch was one that he's given at just about every farmer meeting he's attended in recent times and there was no sign of any policy initiatives in the wind. Maybe a missed opportunity in not having something big to announce to a largely sympathetic audience.
However, his message about cutting red tape, dropping the ute tax and stopping Wellington running rural NZ certainly resonated with farmers.
Virtual fencing and herding systems supplier, Halter is welcoming a decision by the Victorian Government to allow farmers in the state to use the technology.
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
New Zealand’s national lamb crop for the 2025–26 season is estimated at 19.66 million head, a lift of one percent (or 188,000 more lambs) on last season, according to Beef + Lamb New Zealand’s (B+LNZ) latest Lamb Crop report.
Farmers appear to be cautiously welcoming the Government’s plan to reform local government, according to Ag First chief executive, James Allen.
The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.
Fonterra's Eltham site in Taranaki is stepping up its global impact with an upgrade to its processed cheese production lines, boosting capacity to meet growing international demand.

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