Primary exports hit new high
NZ primary exports are set to reach almost $60 million in the year ended 30 June 2025.
MPI’s David Wansbrough says a lot of people look for the headline ‘drought declaration’, but they should understand what this means in practical terms.
It doesn’t mean huge amounts of government dollars flowing into a region, he says.
“What we declare is the size of the recovery measures that might be needed. Our policy is that if we think the drought is localised the Government won’t go in to help.
“We expect communities to have a fair bit of resilience and do risk management at the local level. When it gets beyond the local level and clearly communities are not able to cope – particularly if
we think animal or family welfare are at risk – then there are measures we can put in place.
“People should also know that regardless of whether or not a drought is declared, help is always available. IRD is receptive at any time to talking to farmers about equalisation schemes or even some leniency on the timing of what they owe IRD.”
Wansbrough says when a drought is declared there will be a little extra assistance available, but most assistance is available all the time if required.
MPI has for ten years focused on putting in place systems and support networks to help farmers deal with adverse events. The Rural Support Trust, DairyNZ, Beef + Lamb NZ and Federated Farmers work with MPI to support farmers.
Right now in South Canterbury and North Otago these organisations are working with MPI to monitor the situation. Wansborough refers to regular meetings and a weekly conference call to help assess the situation.
Federated Farmers president Wayne Langford says the 2025 Fieldays has been one of more positive he has attended.
A fundraiser dinner held in conjunction with Fieldays raised over $300,000 for the Rural Support Trust.
Recent results from its 2024 financial year has seen global farm machinery player John Deere record a significant slump in the profits of its agricultural division over the last year, with a 64% drop in the last quarter of the year, compared to that of 2023.
An agribusiness, helping to turn a long-standing animal welfare and waste issue into a high-value protein stream for the dairy and red meat sector, has picked up a top innovation award at Fieldays.
The Fieldays Innovation Award winners have been announced with Auckland’s Ruminant Biotech taking out the Prototype Award.
Following twelve years of litigation, a conclusion could be in sight of Waikato’s controversial Plan Change 1 (PC1).
OPINION: The Greens aren’t serious people when it comes to the economy, so let’s not spend too much on their…
OPINION: PM Chris Luxon is getting pinged lately for rolling out the old 'we're still a new government' line when…