'Mea culpa'
OPINION: The Reserve Bank’s rate cut is great news, albeit a bit late, but your old mate agrees with Act leader David Seymour that the cut – with more to come – is a “multi-billion dollar mea culpa” by the RBNZ.
OPINION: A mate of yours truly wants to know why the beef schedule differential is now more than 45-50 cents a kilo between North and South Island producers – if you look at February 2024 steer prices.
As they told your old mate: “This equates to one in 12 steers going to the meat co-operative or company courtesy of the southern producers.”
They also suggest that the meat companies need to be far more transparent about why there is such a huge differential.
“Is it to help inefficient marketing and processing to compete with the northern companies,” they ask? “It has got to stop. We have heard all the old pathetic excuses over the years and remember they also make good money out of by-products, pharmaceuticals and hides etc – which are not disclosed."
These are all fair questions and the meat companies need to answer them pronto!
Rural Contractors NZ have launched a campaign today against the risks of fatigue in their industry.
The popular Surfing for Farmers programme, which gives farmers a well-earned break from life on the farm, starts its eighth season from November 5.
Milk vat manufacturer DTS is selling its dairy automation business to MilktechNZ.
Former Synlait chief executive Grant Watson says the past two years have been quite the journey.
Retiring chair Jim van der Poel has used his final AGM to announce the intention to increase the DairyNZ farmer levy for the first time in the industry-good body's 17-year history.
Not too many dairy industry leaders were keen to publicly comment on the sudden passing of former Fonterra chief executive Theo Spierings.
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