Peters has a crack at Fonterra
Winston Peters has castigated Fonterra for its performance in China and believes there could be more value added to the agriculture sector.
Only eight months ago, Federated Farmers and NZ's special agriculture trade envoy, Mike Petersen, said the TPPA was going to be gold standard or bust, NZ First leader Winston Peters says.
"So why is it in recent weeks we are seeing subsidised American milk powder being kicked in our faces? And what are the other so-called farming leaders doing about it?," he asked at the Agcarm conference in Auckland today.
In the 1980s and 1990s our farmers went cold turkey yet discovered there was Life after Subsidies, he said. Agricultural subsidies are the farming equivalent of crack cocaine.
"If there was ever a cause for us to galvanise the developing world behind us, it is subsidies. Yet our silence on this at the UN Security Council is deafening," he said.
"In Britain, their National Farmers' Union admitted that European subsidies are worth £175 to £200 per hectare, or about $31,000 to $36,000 every year for the average British farm.
"What does the TPPA do about the US$110bn worth of subsidies paid each year to American, Canadian, Mexican and Japanese farmers? Nothing. What will the more farcical European Union FTA do about €50bn in European subsidies? There's not a mutter, not a murmur, not a syllable, not a sound. Nothing."
This is why we are underwhelmed by Mr Key's claim, first that benefits would be $5b per annum by 2025, now drastically trimmed back by his officials to $2.7B by 2030.
Peters claimed if the TPP is ever "fully implemented" then total tariff and duty reductions will, with a fair wind someday amount to $608m.
While tariff reductions are good per se, they become 30 pieces of silver if the $260bn in competitor annual farm subsidies are made untouchable in the process, he said.
Analysis by Dunedin-based Techion New Zealand shows the cost of undetected drench resistance in sheep has exploded to an estimated $98 million a year.
Shipping disruption caused by Houthi rebels in the Red Sea has so far not impacted fertiliser prices or supply on farm.
The opportunity to spend more time on farm while providing a dedicated service for shareholders attracted new environmental manager Ben Howden to work for Waimakariri Irrigation Limited (WIL).
Federated Farmers claims that the Otago Regional Council is charging ahead unnecessarily with piling more regulation on rural communities.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
OPINION: We have good friends from way back who had lived in one of our major cities for many years.