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 NZ (B+LNZ) board chair Andrew Morrison has lost his board seat to Southland sheep and beef farmer Geoffrey Young.
In the election, part of the 2023 B+LNZ Annual Meeting process, Young received 8,777 weighted votes while Morrison received 6,587 votes.
Turnout in the Southern South Island director election, in an electorate which covers Southland and Clutha, was 36%.
Morrison’s term will conclude at the end of the B+LNZ annual meeting in New Plymouth on Thursday 30 March and the board will elect a new chair following the meeting.
The meeting will also mark the conclusion of Morrison’s term with the New Zealand Meat Board which will subsequently elect a new chair.
Meanwhile, the farmer director election in the Eastern North Island electorate has been postponed due to disruptions caused by Cyclone Gabrielle.
A new process and deadline for voting for the ENI farmer director role will be announced following the Annual Meeting.
Current ENI director George Tatham, who planned to stand down after nine years, will continue in the role until the rescheduled election is completed.
The country's second largest milk processor hopes to produce its first commercial butter within two months.
There's no doubt that vehicle manufacturers at Fieldays saw a steady stream of rural folk treading the boards.
Fonterra's co-op model and what it does for New Zealand has lured one of its bright stars back on board.
Farmer lobby Federated Farmers is reporting a growth in membership, for the first time in decades.
New Zealand's Ruminant Biotech says that while it has big goals, the scale of the problem it seeks to solve requires it.
The upheaval in the Middle East may have eased the fall in global dairy prices last week.