Red meat exports slump, thanks to China
Weaker pricing and demand from China continue to impact New Zealand red meat export earnings.
The dairy industry contributed 37% of the total value of New Zealand's primary industry exports in 2014-15.
Dairy earnings for the year totalled $13.2 billion.
This was revealed at DairyNZ's annual general meeting in Morrinsville this morning.
The industry employed 40,730 people during the year; 27,830 worked on farm and 12,900 in processing and wholesaling.
The total number of herds reached 11.970; average herd size was 419. Last year the industry had 5 million cows.
Waikato remains the dairy heartland with 34% of the herds.
The North Island had 74% of herds, producing 59% of total milksolids; the South Island 26% of herds but produced 41% of milksolids.
DairyNZ chairman John Luxton chaired his last meeting; he steps down today.
The new chairman will be elected by the board early next month.
South Waikato farm manager Ben Purua’s amazing transformation from gang life to milking cows was rewarded with the Ahuwhenua Young Maori Farmer award last night.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.
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