Dairy power
OPINION: The good times felt across the dairy sector weren't lost at last week's Beef + Lamb NZ annual meeting.
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.”
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.