Happier new year for primary sector
Export revenue for the primary sector is forecast to bounce back in the coming year – but still not back the high levels of 2022/23.
Meka Whaitiri says Māori agribusiness is yet to realise its full potential.
The Associate Agriculture Minister told Rural News there's Māori-owned land that is still underutilised. However, she believes there are significant opportunities for Māori to be an even more significant contributor to the NZ economy.
Her comments come in the wake of a special section on Māori contribution to the economy contained in the latest MPI Situation and Outlook (SOPI) report on the primary sector. The report notes the asset base of Māori in agriculture, forestry and fishing is $23.4 billion. Sheep and beef is the largest contributor at $8.6b, with dairy at $4.9b, forestry at $4.3b and fishing at $2.9b. Kiwifruit is $0.7b and other horticulture at $0.5b.
Other points of interest in the report include the fact that Māori agribusiness contributes $2.4b to NZ's GDP and that 32% of all Māori businesses are in the primary industries space. It also reveals that 22,500 Māori work in agriculture, forestry and fishing.
The report describes Māori as being significant participants in the primary industry, as landowners, asset holders, innovators and leaders. It says Māori agribusiness is also increasingly recognised for the leadership it provides around the issue of sustainability.
In a global context, the report says that Māori-produced goods are underpinned by strong cultural and environmental values and, as such, are highly regarded by consumers. The report goes on to say that a characteristic of Māori businesses is that they have lower debt and higher profit levels. It also states that these iwi-owned businesses provide good employment opportunities for whanau and are key drivers in regional economic development.
Whaitiri says Māori agribusiness is growing at an exponential rate. She also claims that many of the 'wiser' sector leaders recognise the role that Māori is playing in the agri space and in her travels around the country she is seeing some very positive signs.
"I am encouraged by the willingness of people to collaborate with the Māori agribusiness sector. To see the Māori land blocks that are combining their capabilities and exploring other uses of their land. For example, Ngai Tahu leaning towards more regenerative agriculture and other places up north looking at doing the same," Whaitiri told Rural News.
"Wherever I go, iwi and Māori landowners are looking to not only make getting greater use out of their lands but also to make more sustainable use that is leading to healthier balance sheets at the end of the day."
Whaitiri says people tend to forget that Māori have been operating in the agri space for a very long time. She says Māori have a formidable record as innovators and traders.
"There are stories of many iwi owning schooners to trade not only within NZ but also Australia - so we have got that in our DNA. There are some learnings that Māori have that will benefit all New Zealanders. I want to put my efforts into showing what is good for Māori is good for all," she says.
Newly elected Federated Farmers meat and wool group chair Richard Dawkins says he will continue the great work done his predecessor Toby Williams.
Hosted by ginger dynamo Te Radar, the Fieldays Innovation Award Winners Event put the spotlight on the agricultural industry's most promising ideas.
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Despite the rain and a liberal coating of mud, engines roared, and the 50th Fieldays Tractor Pull Competition drew crowds of spectators across the four days of the annual event.
Nationwide rural wellbeing programme, Farmstrong recently celebrated its tenth birthday at Fieldays with an event attended by ambassador Sam Whitelock, Farmers Mutual Group (FMG), Farmstrong partners, and government Ministers.
Six industry organisations, including DairyNZ and the Dairy Companies Association (DCANZ) have signed an agreement with the Ministry for Primary Industries (MPI) to prepare the country for a potential foot and mouth outbreak.
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