NZ tractor sales rise 7.5% in first half of 2025, TAMA reports
With June ending and following the most upbeat National Fieldays for several years, tractor dealers are reporting a lift in sales.
Through its investment arm CNH Ventures, CNH is supporting the development of the first viable compostable net wrap for bales in agriculture.
The investment in the Canadian start-up Nature’s Net Wrap aims to accelerate their mission to eliminate waste from the process of collecting and storing baled crops.
During harvesting operations based around large round bales, once a bale is formed it is generally held with a coating of net wrap and an outer layer of stretched plastic, which at the point of use is removed and eventually ends up getting burnt or placed in landfills. Farmers and contractors are limited in the reuse or recycling of plastic wraps or nets, negatively impacting their environmental footprint.
Shifting to compostable net wraps has the potential to significantly benefit farmers and the environment.
It will help reduce landfill use, haulage and disposal costs, eliminate soil contamination, improve animal safety, and reduce the risk of water contamination, likely resulting in a reduction of around 2.5 million tons of plastic waste each year.
With high growth in this market is propelled by the general demand for chemical- and plastic-free solutions, the innovation uses biopolymer material made from renewable resources.
It is said to hold up structurally and can naturally break down in the earth’s soil or alternatively be composted.
CNH’s investment is supporting the testing and validation of the solution, with one of the company’s New Holland balers being used to produce all the bales in the testing phase.
An initial product launch is expected later in the year.
From nitrogen limits to ecosystem restoration –farmers and catchment groups are leading a new wave of environmental care, says DairyNZ.
OPINION: The Government's decision to stop local authorities going ahead with reviews of district and regional plans makes sense for several reasons.
With June ending and following the most upbeat National Fieldays for several years, tractor dealers are reporting a lift in sales.
Global trade wars and uncertain tariff regimes could play into the hands of many New Zealand exporters, according to Gareth Coleman ANZ’s Head of Trade & Supply Chain.
The long running trade dispute between NZ and Canada appears to be over.
Herd improvement company LIC has ended the 2024-25 financial year in a strong position - debt-free and almost quadrupling its net profit.