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."
According to the latest Federated Farmers banking survey, farmers are more satisfied with their bank and less under pressure, however, the sector is well short of confidence levels seen last decade.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.

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