Taranaki farmer fined $15,000 for illegal NAIT tag swapping
A Taranaki farmer and livestock agent who illegally swapped NAIT tags from cows infected with a bovine disease in an attempt to sell the cows has been fined $15,000.
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.
The red meat sector finds itself in "a very rare set of circumstances", says Federated Farmers meat and wool industry chair Richard Dawkins.
Agrisea NZ has appointed Craig Hudson as it's new chief growth officer.
State farmer Landcorp, trading as Pamu, is a forecasting a full-year net profit of around $100 million.
Tony Aitken, chief executive of Ruralco, has been awarded the Excellence in Business Leadership Award at the ANZ Business of the Year Awards.
Global trade has been thrown into another bout of uncertainty following the overnight ruling by US Supreme Court, striking down President Donald Trump's decision to impose additional tariffs on trading partners.
Controls on the movement of fruit and vegetables in the Auckland suburb of Mt Roskill have been lifted.