US removes reciprocal tariff on NZ beef
Red meat farmers and processors are welcoming a US Government announcement - removing its reciprocal tariffs on a range of food products, including New Zealand beef.
There is an urgent need for the Government to put a limit on the sale of farms for forestry - particularly for carbon farming.
That's the plea from the Beef + Lamb NZ chair Kate Acland who says the latest statistics show that since the end of 2022 more than 51,000ha of farmland has been sold to forestry interests. She says this far exceeds the 25,500ha the Climate Change Commission has recommended should be sold in any given year.
Acland adds that between 2017 and the end of June this year, a total of 261,733ha have been sold and believes this figure will turn out to be higher given the lag time in producing the statistics. She says there's already been a significant decline in stock numbers because of afforestation over the past few years.
"We estimate for every 100,000 hectares planted close to one million stock units are lost. While on one hand the decline in stock numbers means our sector has already dramatically reduced its overall greenhouse gas emissions and warming impact, the way it's happening is simply not sustainable," she says.
Acland says B+LNZ is not anti-forestry and says they support the integration of trees on farms. But say they just want some limits aroud the conversion of whole farms into forestry for carbon credits.
"We welcome the Government's intention to announce measures before Christmas and note that the National Party's pre-election manifesto sets out a sensible platform to work from," she says.
Last month's Agritechnica event led to a wide group of manufacturers celebrating successes when the 2026 Tractor of the Year Competition winners, selected by a panel of European journalists, were announced in Hanover Germany.
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.

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