Red meat rebound
The red meat sector is poised for a strong rebound this season, with export receipts forecast to top $10 billion and farm profitability to almost double.
Beef + Lamb New Zealand wants changes made to the stock exclusion regulations the Government introduced in August 2020 - specifically the low-slope map.
"Our position has been clear all along - we want the inaccurate low-slope map to be deleted and replaced with a general rule that regional councils would be empowered to give effect to," BLNZ chief executive Sam McIvor says.
The Government's current low-slope map identifies thousands of hectares of steep land as low-slope which therefore is required to be fenced. "Tinkering around the edges of the unworkable and inaccurate national-scale map won't get the right outcomes - we need regional approaches."
McIvor says the Government's decision to support an industry-led Intensive Winter Grazing (IWG) module to farm plans in the coming year and to delay the implementation of the winter grazing rules shows that arbitrary rules are not the right approach. "We have been very clear that farmers need workable and relevant rules and have been advocating for effects-based approaches at the paddock scale to both IWG and to stock exclusion, delivered through effective farm planning."
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The chance of a $10-plus milk price for this season appears to be depleting.
Keep focused on things that can be controlled on farm.
Rural Women New Zealand (RWNZ) has announced Sandra Kirby will take over as the organisation's new chief executive.
Puro, the country's largest cannabis cultivator, has won the Supreme Award at the Marlborough Business Excellence Awards.
Rawhiti Environmental Park Limited has been convicted on eight charges and fined a total of $437,000 for persistent discharges of raw piggery effluent into the environment between February and October 2023.

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