Picking winners?
OPINION: Every time politicians come up with an investment scheme where they're going to have a crack at 'picking winners' with our money, the Hound cringes.
NZ's special agriculture trade envoy Mike Petersen has given the Labour Party and others a serve over its clearly “political” stance and “ridiculous claims” about the Trans Pacific Partnership (TPP) trade negotiations.
In a detailed interview with Rural News on the TPP negotiations, Petersen has expressed disappointment at the Labour opposition’s apparent change of heart over free trade deals.
“I am very disappointed the Labour Party has turned TPP into a political platform and broken what appeared to be a very constructive and bi-partisan position on trade,” he says. “However, I would like to think that when the deal is concluded and proceeds through the ratification process, this position will be reversed. There are enough rational thinkers on trade in the Labour Party to enable this to happen.”
Petersen also dismisses critics’ claims that NZ’s negotiators will sell off the country’s sovereignty in an effort to sign up to the TPP.
“I am close to the negotiations – without being directly involved – and I assure you our negotiators are not going to sell NZ’s sovereignty,” he said. “I would urge [the critics] to wait until the final deal is agreed before passing judgement on these aspects and I believe that when the deal is completed the NZ public will be surprised at how good it is and how ridiculous some of the claims have been.”
Meanwhile, Petersen believes if a deal is agreed, then he and others will need to turn around the public understanding and perception of what the TPP will actually mean for NZ. He says this has been tainted by ill-informed scaremongering led by the likes of left-wing academic Jane Kelsey.
“There is no doubt that, assuming we close this deal, one of my key roles, with others in the primary sector, will be to help the public understand the benefits for NZ. These are jobs, economic growth, wealth creation and a future for our young people.”
When American retail giant Cosco came to audit Open Country Dairy’s new butter plant at the Waharoa site and give the green light to supply their American stores, they allowed themselves a week for the exercise.
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.
Thirty years ago, as a young sharemilker, former Waikato farmer Snow Chubb realised he was bucking a trend when he started planting trees to provide shade for his cows, but he knew the animals would appreciate what he was doing.
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.

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