Fieldays hold out the begging bowl
OPINION: When someone says “we don’t want a handout, we need a hand up” it usually means they have both palms out and they want your money.
OPINION: The inquiry into rural banking practice was welcomed at Fieldays, but Groundswell NZ added a proviso that this must include banks' treatment of agricultural emissions.
"Banks are becoming de facto enforcers of the same kinds of emissions policies that have been rejected by the voting public... banks are wanting farmers to comply with emissions policies based on outdated models".
It's a good point: problems with credit access may be caused by banks wanting to reduce the emissions disclosures in their lending portfolio reports, when the models they use don't reflect the developing science on agricultural emissions, and the Primary Production Committee's inquiry should include this in its remit.
Groundswell suggests you go to backoffbanks.nz and tell MPs to include emissions in their inquiry.
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The chance of a $10-plus milk price for this season appears to be depleting.
Keep focused on things that can be controlled on farm.
Rural Women New Zealand (RWNZ) has announced Sandra Kirby will take over as the organisation's new chief executive.
Puro, the country's largest cannabis cultivator, has won the Supreme Award at the Marlborough Business Excellence Awards.
Rawhiti Environmental Park Limited has been convicted on eight charges and fined a total of $437,000 for persistent discharges of raw piggery effluent into the environment between February and October 2023.

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