Killing season off to a slow start
Variable weather conditions across the country are being blamed for the slow start to the meat processing season.
THE NAIT slaughter levy for cattle will be halved to 50c per tagged carcass from March 1, 2014.
This is a 50% reduction to the current levy.
"This levy reduction is a good news story for farmers and demonstrates NAIT's commitment to reduce costs to farmers as soon as possible," said Dr Stu Hutchings, group manager, programme design and farm operations.
A range of industry groups made submissions on the proposal to reduce the levy.
"NAIT's intention is to only recover what it needs to operate and maintain its systems. This is the second levy reduction we've been able to deliver to farmers within 12 months. A full funding review of NAIT will be undertaken later this year," says Dr Hutchings.
Questions are being raised about just how good the state of the dairy industry is - especially given that the average farmgate payout for the coming season is set to exceed $10/kgMS.
A leading financial and banking advisor says he doubts if most dairy farmers fully understand the dynamics of banking.
Dairy farmers are shoring up their balance sheets, with almost $1.7 billion of debt repaid in the six months to March 2025.
Virtual fencing company Halter is going global but for founder Craig Piggott, New Zealand farmers will always remain their main partners.
A former Fonterra executive is the new chair of the Dairy Companies Association of New Zealand (DCANZ).
New Federated Farmers national dairy chair Karl Dean is looking forward to tackling the issues facing the sector.
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