Positive news around the corner?
Could there finally be positive news for the red meat sector after a period of challenging economic conditions?
Eating beef in the Indian state of Maharashtra now gives diners something extra to chew on – arrest, jail and a fine.
Indian President Pranab Mukherjee has ratified the Maharashtra Animal Preservation (Amendment) Bill passed in 1995, that calls for anyone selling or eating beef to be jailed for five years and fined 10,000 rupees (NZ$214).
The state banned cow slaughter in 1976 and The Times of India reports the new law expands the ban to include calves and bulls.
Now, only the consumption of water buffalo meat is allowed.
Hindus oppose the slaughter of cows on religious grounds.
“Our dream of a ban on cow slaughter becomes reality now,” Maharashtra Chief Minister Devendra Fadnavis said in a tweet.
Maharashtra in western India has a population of 110 million and is the third largest state by area. The state capital of Mumbai has a population of 18 million and is the country’s financial capital.
Beef traders say the consumption ban will costs thousands of jobs in a country that is the second biggest exporter of beef after Brazil.
Under the law those charged with offences will be held without bail.
The red meat sector is adopting the New Zealand Government’s ‘wait and see’ approach as it braces for the second Donald Trump presidency in the US.
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Five hunting-related shootings this year is prompting a call to review firearm safety training for licencing.
The horticulture sector is a big winner from recent free trade deals sealed with the Gulf states, says Associate Agriculture Minister Nicola Grigg.
Fonterra shareholders are concerned with a further decline in the co-op’s share of milk collected in New Zealand.
A governance group has been formed, following extensive sector consultation, to implement the recommendations from the Industry Working Group's (IWG) final report and is said to be forming a 'road map' for improving New Zealand's animal genetic gain system.
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