fbpx
Print this page
Tuesday, 02 January 2024 09:55

Editorial: A big year!

Written by  Staff Reporters
Within the span of a month, Cyclones Hale and Gabrielle caused unprecedented damage to the North Island. Within the span of a month, Cyclones Hale and Gabrielle caused unprecedented damage to the North Island.

OPINION: As pointed out in our review of the year, 2023 has been one of extremes in almost every way – from weather to costs.

While everyone has been affected by the cost of living crisis, rising on-farm costs – fertiliser, regulations, inflation and interest rates – put significant financial pressure on farmers. This had a knock-on effect of reducing the money farmers spend locally and nationally, significantly impacting the economy.

We also saw the impact of severe weather hitting farmers hard – particularly on the North Island’s East Coast. Within the span of a month, Cyclones Hale and Gabrielle cause unprecedented damage to the North Island.

Unfortunately, this region has experienced terrible weather all year. Many farmers who’ve just completed repairs of infrastructure on their properties, damaged by Cyclone Gabrielle and subsequent rain storms, have found this work destroyed again by rain in the past couple of weeks.

As Gisborne-based farm consultant Peter Andrew says, it’s been a tough situation for many.

This has been borne out by a series of farmer surveys throughout the year showing farmer confidence at record lows. A combination of bad weather, poor commodity prices, increasing costs and bad regulation has led to this low farmer confidence.

Despite the tough year, there have been some high points, including the new FTA with the UK, removing tariffs on exported goods either immediately or over a 15 year period. This is one the best outcomes of a trade deal that New Zealand has ever reached.

2023 also saw Emma Poole become the first woman to win Young Farmer of the Year, highlighting the growing and important part women play in our rural sector.

For many in the farming sector the outcome of the general election, which saw Labour voted out of office after six years in power, will be viewed as positive. The new coalition Government’s focus of appointing four ministers to roles in the agriculture and rural sector bodes well. Of course, the proof of the pudding will be in the eating.

Few in the sector will lament the end of 2023. Now we all can look forward to the challenges and opportunities the new year holds.

More like this

Editorial: Getting the RMA overhaul right

OPINION: Making it easier to get things done while protecting the environment - that's the Government's promise when it comes to the overhaul of the problematic Resource Management Act (RMA).

Editorial: Major Challenges Facing the Wine Industry

OPINION: New Zealand’s wine industry is facing “significant challenges”, writes New Zealand Winegrowers Board Chair Fabian Yukich this month, reflecting on rising costs and eroding profitability, while sluggish domestic and export sales are holding up the movement of wine.

Editorial: Drought dilemma

OPINION: As of last Thursday, five regions – Taranaki, Northland, Waikato, Horizons and Marlborough-Tasman – had been declared medium-scale adverse events.

Featured

National

New CEO for FAR

The Foundation for Arable Research (FAR) has appointed Dr Scott Champion as its new chief executive.

Bremworth CEO departs

Three weeks on from Bremworth’s board overhaul, the carpet maker’s chief executive Greg Smith is stepping down.

Machinery & Products

Buhler name to go

Shareholders at a special meeting have approved a proposed deal that will see Buhler Industries, the publicly traded Versatile and…

Grabbing bales made quick and easy

Front end loader and implement specialist Quicke has introduced the new Unigrip L+ and XL+ next-generation bale grabs, designed for…