The politics of climate change
OPINION: The Financial Times, a major international newspaper, featured New Zealand on its front page at the beginning of June. It wasn't for the right reasons.
We will see a $8/kgMS milk price again – but we will also see $4/kgMS again, says New Zealand special agricultural trade envoy Mike Petersen.
Market insight and intelligence will be very important in next months, he told an Agcarm conference in Auckland yesterday.
"We shouldn't be surprised by volatility – I have been talking about this for the last 10 years," Petersen said.
Just in time delivery by retailers is one influence. "Volatility is here to stay – we need to come to terms with it," he said.
New Zealand dairy is 30% of all cross border trade, and that is the first to be hit by volatility.
We need to be more resilient, Petersen said, and farmers should set their business up to be more resilient in the face of volatility. Nevertheless he said, the future is extremely bright.
Earlier Jacqueline Rowarth told the conference Beef and Lamb analysis showed we did not market – an example, Wales spend $57 per tonne of product – New Zealand, $11.
Failing to market food at premium quality is costing New Zealand producers dearly, she said.
Some farmers in the Nelson region are facing up to five years of hard work to repair their damaged properties caused by the recent devastating floods.
Federated Farmers is joining major industry-good bodies in not advocating for the Government to withdraw from the Paris Agreement.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
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