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MPI is wanting to provide guidance around potential contracts signed by small forest owners – many of whom are farm foresters.
It says there are approximately 14,000 of these small forest owners in New Zealand and many of them are farmers.
“Due to trees taking 25-30 years to be ready for harvest, many farmers may not be familiar with all the elements in the forestry cycle and could be vulnerable to exploitation,” says MPI’s Jurgen Muller.
“Most agricultural sectors have an annual cycle. This means farmers become familiar with most aspects of their business,” he explains.
“However, forestry is different. After planting your trees 25 years ago, you might now be approaching your first harvest and you are in unfamiliar territory. Your investment might be worth a lot of money and you need to make sure you maximise your profits.”
Muller says MPI is looking at what it can do to help inform small forest owners about their transactions throughout the forestry cycle and has created a survey to find out what might be the best way to support them.
He says the anonymous survey has 12 questions and estimates it takes less than 4 minutes to complete. To complete the survey, click on this link: https://surveyhero.com/c/210e8589
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The Government will provide up to $1.69 million through the One Billion Trees programme to Māori landowners.
The fate of 28,000 cows in quarantine in New Zealand and supposedly destined for China in the coming weeks hangs in the balance.
MPI has launched an independent review of the assurances it receives for the safe transport of livestock by sea.
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New Zealand trade officials are watching the escalating trade war between the US and China with mounting concern and anxiety.
While lamb prices are starting the new season at around 16% below last year’s levels, they are not outright weak, according to the BNZ.
Waikato milk processor Tatua posted record revenues of $381 million last financial year.
