MOU a significant milestone
The signing of a Memorandum of Understanding (MOU) between Lincoln University and Ballance Agri-Nutrients is being hailed as a significant milestone.
The Government's proposal to reduce future international tourism visitor numbers post-Covid to concentrate on higher spending visitors may solve one problem but create others.
Research by Lincoln University has highlighted that most of our agricultural products delivered fresh to market are transported on passenger planes, and tourists contribute to the cost.
It says the drop in tourism numbers could push up transport costs to the point where some businesses do not export at all and are put out of business.
Before Covid-19 hit, there were 550 international flights into and out of New Zealand each week, which carried 80% of New Zealand’s overall export airfreight in their belly-holds, and that it was worth $10.8 billion in December 2019. Only 20% of New Zealand’s airfreight was carried by dedicated air cargo-only freighters.
Before Covid-19, air freight was less than 1% of New Zealand’s total trade by volume, but about 16% in terms of dollar value.
The report says the decision may show a lack of understanding of the inter-relatedness of industries.
Federated Farmers president Wayne Langford is claiming “some real success” on the 12 policy priorities it placed before the Coalition Government.
Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.
The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.
Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.
In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.
One of New Zealand’s deepest breeder Jersey herds – known for its enduring connection through cattle with the UK’s longest reigning monarch, Queen Elizabeth II – will host its 75th anniversary celebration sale on-farm on April 22.