Editorial: Sensible move
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
MAKING more value added products will provide greater confidence to farmers, according to Federated Farmers vice president Dr William Rolleston.
Speaking this week at the World Farmers Organisation conference in Buenos Aires, Argentina, Rolleston urged agricultural stakeholders must work together to boost value added returns.
He says increasing the value of products can provide farmers with confidence about their future.
"Developing new products tailored to specific market preferences and needs, provides opportunity for increased farm gate returns, without any increase in volume.
"It is here where we need a close collaboration between farmers, scientists, processors and marketers to communicate market requirements into the science pipeline.
"As farmers, we can sometimes feel disconnected from the end market, yet it is the end market we need to understand most because that determines not just how we farm, but what we farm."
Rolleston suggests we can increase the value of our products by improving our current products or we can create new and novel food products like sweet tasting kiwiberries - products that stimulate demand and maximise returns through premium prices in domestic and international markets.
"So we need scientists to be thinking outside the square as well. Research can take some direction from its users and that is important but as Henry Ford famously said, "If I listened to my customers I would have built a faster horse."
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.