Biosecurity tops priorities for agribusiness leaders - report
Biosecurity remains the top priority for agribusiness leaders, according to KPMG’s 2025 Agribusiness Agenda released last week.
New Zealand has become overly ‘dairy-centric’, according to the global head of agribusiness at KPMG.
Ian Proudfoot is trying to move the conversation away from the doom and gloom of the dairy sector and to focus more on the other primary sectors performing well at present. He also wants people to look out 20 years and get a sense of the huge opportunities that will open up for NZ.
Proudfoot believes the fallout from the present dairy crisis will not be as bad as many commentators are saying. He says while it will affect people directly involved in servicing the dairy sector, he doesn’t think the effects will be as drastic as some people suggest.
In long term, he says, the beef industry has the potential to be the biggest export category because there is a bigger world market for it. He believes the time is now right to look at a vision for 2035.
“By that time NZ will be earning $100b in export revenue. To me beef and veal is the biggest category and the dominant category,” he told Rural News.
The kiwifruit industry is singled out by Proudfoot as having made a remarkable recovery, for example, the value of the Zespri model. He says the investment in G3 Gold enabled this new variety of kiwifruit to be commercialised quickly, which helped turn the industry around.
Proudfoot says for the last two years KPMG has been putting out the message that farming systems, now deeply in debt, need flexibility in their systems to cope when times get tough. He says farmers who have developed good governance structures and have thought about risk will recover from any crisis better than those living from hand to mouth.
According to the latest Beef + Lamb New Zealand (B+LNZ) Stock Number Survey, sheep numbers have fallen by 1% while beef cattle numbers rose by 4.4%.
Beef + Lamb New Zealand says it is seeing strong farmer interest in its newly launched nProve Beef genetics tool, with early feedback and usage insights confirming its value in helping farmers make better breeding decisions and drive genetic improvement in New Zealand's beef herd.
The Innovation Awards at June's National Fieldays showcased several new ideas, alongside previous entries that had reached commercial reality.
To assist the flower industry in reducing waste and drive up demand, Wonky Box has partnered with Burwood to create Wonky Flowers.
Three new directors are joining Horticulture New Zealand’s board from this month.
Beef + Lamb New Zealand (B+LNZ) says proposed changes to the Emissions Trading Scheme (ETS) will leave the door wide open for continued conversions of productive sheep and beef farms into carbon forestry.
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