Budget 'strengthens support for NZ food and fibre industry'
The Government says it is sharpening its focus and support for the food and fibre industry in Budget 2025.
Rural Communities Minister Mark Patterson, who farms at Lawrence in Otago, has personally been actively involved in assessing the situation in his region.
For several days he embedded himself in the Clutha Emergency Management bunker and later visited farms and towns in the region to see the situation for himself. He says he visited the small settlement of Toko Mouth where the Tokomairaro River comes out and the Catlins and settlements around the Puerua River.
“The event in Otago was quite coastal in terms of impact and in some cases there was up to a metre and half of water on some farms. In many cases it was the tributaries of the larger rivers that came up fast,” he told Dairy News.
Patterson says his own farm at Lawrence did not get too badly hit by the floods. He says one of the positives to come out was the early warning of the impending heavy rain that allowed farmers to move their stock to safer ground.
“Driving around the district, I didn’t see too many stock in floodwaters,” he says.
In the meantime, Patterson says he’ll continue to monitor the situation and will await the MPI report to see what further assistance is needed from government in Otago and Southland.
Virtual fencing and herding systems supplier, Halter is welcoming a decision by the Victorian Government to allow farmers in the state to use the technology.
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.
New Zealand’s national lamb crop for the 2025–26 season is estimated at 19.66 million head, a lift of one percent (or 188,000 more lambs) on last season, according to Beef + Lamb New Zealand’s (B+LNZ) latest Lamb Crop report.
Farmers appear to be cautiously welcoming the Government’s plan to reform local government, according to Ag First chief executive, James Allen.
The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.
Fonterra's Eltham site in Taranaki is stepping up its global impact with an upgrade to its processed cheese production lines, boosting capacity to meet growing international demand.