Dairy sector profit still on the table, but margin gap tightens
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
Some skilled migrant dairy farm employees will now be able to return to New Zealand from overseas.
The decision announced this week by the Government has been welcomed by DairyNZ.
“This is a real breakthrough for migrants who meet the criteria and gives their farm employers certainty to plan for the future,” said DairyNZ chief executive, Dr Tim Mackle.
Visa holders and their families will follow all border control processes and go into quarantine or managed isolation, before re-joining their communities in New Zealand.
DairyNZ says it has been working with the Government since the beginning of the COVID-19 lockdown. The Government originally provided a six-month extension on employer-assisted temporary work visas due to expire by the end of 2020.
Mackle is strongly advising migrants and their employers understand the rules and confirm if they meet the exemption criteria before submitting applications.
“We don’t want to see additional stress, costs and disappointment for this group of patient people,” says Mackle.
DairyNZ says some migrants and their employers will not meet the criteria to come back to New Zealand.
“I am sure they will be disappointed and we thank them for the contribution they have made to our dairy sector,” says Mackle.
The National Wild Goat Hunting Competition has removed 33,418 wild goats over the past three years.
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When American retail giant Cosco came to audit Open Country Dairy’s new butter plant at the Waharoa site and give the green light to supply their American stores, they allowed themselves a week for the exercise.
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.
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