Feds make case for rural bank lending probe
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.
Beef + Lamb NZ (B+LNZ) says it’s working with the Ministry for Primary Industries (MPI) and other industry organisations – such as Federated Farmers and DairyNZ – to identify regional feed levels and supplement levels around the country.
MPI is seeking to facilitate the importation of supplementary feed where there are constraints at present – such as drought-affected areas like Northland.
Next week, B+LNZ will work with farm consultants to build some regional feed budgets to outline the current situation for farmers in each region and examine relevant management options and the financial implications
