Fonterra’s $3.2b capital return to farmers set to boost rural incomes and NZ economy
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
We all want swimmable waterways everywhere in New Zealand, he told the co-op’s annual meeting in Hawera this month.
“Every dairy farmer wants to pass on their land to the next generation in a better condition than they found it.
“We also want to keep directly contributing more than $13 billion dollars a year into NZ’s economy, and sharing the rewards of our hard work with all New Zealanders through the hospitals, social welfare programmes, conservation budgets and schools this money helps to fund.”
Being an election year, water rights and the quality of the nation’s waterways were always going to be part of the national conversation, he says.
“While it was disappointing to read about a supposed rural-urban divide being leveraged for political gain, it did galvanise our rural communities and the wider agriculture industry, proving once again that we are always stronger together.”
Dairy farming can continue to provide healthy economic returns, and not at the expense of the environment; we can have both, Wilson says.
There’s no better example of that than in Taranaki where last month a new report showed the region has recorded its best stream health trends in 21 years.
Findings in the Taranaki Regional Council’s 2017 Healthy Waterways Report showed that most measures were improving or not changing significantly in the ecological health and physical and chemical state of 99% of Taranaki rivers and streams.
Wilson says farmers know that NZ needs to address greenhouse gas emissions to meet its international climate change commitments.
“New Zealand is already one of the lowest-emissions dairy producers in the world thanks to our efficient pastoral grazing system,” he says.
“As long as people choose natural foods like dairy, curbing production here will not solve the issue; it will only add to emissions by moving dairy production to less efficient producers in other countries.”
Wilson says if agriculture was included in the Emissions Trading Scheme, or any replacement, we would have to align with how other dairy producing countries treated their emissions, and only be included once farmers gained access to effective mitigation technologies.
