‘Red letter day’ for ag sector
Farmers are welcoming the announcement of two new bills to replace the under-fire Resource Management Act.
Recovery following flooding in Otago rely on what happens in the next few months, says Luke Kane. Photo Credit: Otago Regional Council.
A lot depends on what happens in the next few months. That's the view of Federated Farmers Otago president, Luke Kane.
He says a lot of the supplementary feed in the province has been used up but a few recent days of sunshine have offered some hope with feed utilisation improving.
"One this that's become apparent is that the arable guys have had a lot of rot in their crops. That has delayed planting for the next round, so that mean we may not see some of the effects of this for six months," he says.
Kane, a dairy farmer whose family has farmed in the region for over 100 years, says events like this are not uncommon, especially on the Taieri Plains, which is a flood scheme designed to take the pressure off the wider community.
He says the floodwaters are now starting to recede but remain on certain farms and may take time to disappear.
"Farmers in this area know they could be feeding out supplement for months because it will take time for them re-grass sodden paddocks," he says.
Kane says the problem for Otago farmers was the prolonged nature of the event which saw soil moisture levels rise and no sun to dry out the paddocks.
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.
Farmers appear to be cautiously welcoming the Government’s plan to reform local government, according to Ag First chief executive, James Allen.
The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.
Fonterra's Eltham site in Taranaki is stepping up its global impact with an upgrade to its processed cheese production lines, boosting capacity to meet growing international demand.
Canterbury farmer Michelle Pye has been elected to Fonterra’s board for a three-year term.

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