Dairy sector profit still on the table, but margin gap tightens
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
DairyNZ chair Jim van der Poel has come out swinging, accusing Groundswell of "circulating incorrect information" and "not getting the best outcome for farmers".
In a note last week to levypayers, van der Poel lambasted the lobby group for causing confusion and concern in rural communities.
"I assure you the HWEN process is still on track," van der Poel told farmers.
"The proposal submitted to Government continues to have the unanimous support of all 11 primary sector partners.”
He added that DairyNZ and other HWEN partners continued to meet regularly with Government to discuss recommendations and “hear their views”.
Groundswell’s Steve Cranston claims that the Government will replace the He Waka Eke Noa with a “cap and trade” scheme for agriculture.
A cap and trade scheme – like the Emissions Trading Scheme — requires each emitter to purchase units to allow a specific quantity of greenhouse gases to be emitted. Emissions units can be traded.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
The most talked about, economically transformational pieces of legislation in a generation have finally begun their journey into the statute books.
Effective from 1 January 2026, there will be three new grower directors on the board of the Foundation for Arable Research (FAR).