Red meat sector's 'wait and see' approach in the US
The red meat sector is adopting the New Zealand Government’s ‘wait and see’ approach as it braces for the second Donald Trump presidency in the US.
Beef + Lamb New Zealand has called on the Government to shelve plans to finalise decisions around the National Policy Statement for Indigenous Biodiversity.
It is also demanding an urgent review of the cumulative financial and social impacts of the Government’s environmental agenda on farmers and rural communities.
B+LNZ chief executive Sam McIvor says farmers are feeling overwhelmed by the tsunami of environmental and other regulations that have been rushed through in the last few years.
“Many are mentally exhausted – there’s just been no understanding from the Government or appreciation of the damage done by the scale and pace of change.”
McIvor says many of the rules in areas such as freshwater and climate change have been poorly thought through and the economic impacts of the changes are far more than what is needed to achieve the desired environmental outcomes.
“The NPS for Indigenous Biodiversity is another case in point. Leading biodiversity experts like Professor David Norton agree with B+LNZ that the definition of a Significant Natural Area is much broader than it needs to be and will tie up productive land in red tape and compliance and not achieve positive biodiversity outcomes.”
McIvor says the Government needs to stop and take stock of what it is trying to achieve and adjust its reform agenda to ensure the economy successfully recovers from COVID-19. “The Government needs to stop, listen to feedback and fundamentally change key policies before it’s too late.”
Reeling from two consecutive years of heavy losses, Alliance says it has appointed Craigs Investment Partners to explore external capital-raising options.
Meat company Alliance has posted a second consecutive trading year of a heavy loss.
Red meat farmers are warning that wholesale conversion of farms into forestry to achieve climate change targets will be unsustainable for the country.
Silver Fern Farms chief executive Dan Boulton says his recent visit to China has left him feeling optimistic about the situation there for the meat industry.
Fonterra leaders are making their case for offloading the co-operative's $3 billion consumer business, noting that its return on capital has been nowhere near respectable.
The horticulture sector is a big winner from recent free trade deals sealed with the Gulf states, says Associate Agriculture Minister Nicola Grigg.
OPINION: Just as they did in 2016 when Trump beat Clinton, liberals in the media are crying "how did this…
OPINION: About as productive as a politician's taxpayer-funded trip to Hawaii, as cost-effective as an OSPRI IT project, and as…