Organic dairy co-op files for liquidation
A co-operative touted as New Zealand's only 100% farmer-owned organic milk producer has gone bust.
Primary sector leaders interviewed by KPMG predictably rate biosecurity as the top issue for NZ's primary sector.
Then follow food safety, delivering market signals to producers and rural broadband.
KPMG's global head of agribusiness, Ian Proudfoot says connectivity in rural areas needs to be the same as in urban areas.
"Rural broadband is transformative. It unleashes a huge opportunity to grow the prosperity of NZ," he explains.
"It changes how you can deal with social services, how a business can portray itself to the world and how a business can more effectively produce its products.
"In the cities broadband is still accelerating the speed at which people can download movies or access entertainment, but that doesn't drive economic growth in NZ. Fast connectivity in rural areas will do this and it's a game-changer."
While the Agribusiness Agenda praises the amount of money the Government puts into science funding, it slams the bureaucracy for the way it runs this funding.
After 10 years of this criticism it appears no one has done anything to streamline the funding, Proudfoot says.
Costly, time consuming bidding for contestable funds is a bureaucratic overkill, doubt lurks about whether the right science projects are being funded and a feeling persists that market-led research is being overlooked. Asked if the system is effective, Proudfoot says a resounding "no!"
The report says this 'fourth industrial revolution' demands unpalatable decisions and awkward discussion to enable NZ to retain its place in global markets. Some NZ products may no longer be the best for our markets.
We need a forum where conversations on difficult topics – genetic modification, intensive farming, water and land use – are discussed. Proudfoot suggests creating an independent 'NZ Commission' tasked with facilitating such discussion.
"We are facing big issues that will define what the future for NZ is in 50-80 years; the biggest is genetic modification. The perception is that we haven't defined GM in the same way as the rest of the world, and as a consequence we are hobbling ourselves in competitiveness."
Without a rational conversation on such difficult topics, the issues will continue to fester, he says.
Federated Farmers president Wayne Langford is claiming “some real success” on the 12 policy priorities it placed before the Coalition Government.
Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.
The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.
Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.
In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.
One of New Zealand’s deepest breeder Jersey herds – known for its enduring connection through cattle with the UK’s longest reigning monarch, Queen Elizabeth II – will host its 75th anniversary celebration sale on-farm on April 22.