Heaps of grass has helped agriculture grow three times as fast as the overall economy. Doug Steel wonders if this may even understate how well the rural sector is doing, given how the numbers were analysed in 2007/08 – Doug Steel:
Like blood to the body, agriculture is critical to the NZ economy.
The sector makes economic contributions in direct and indirect ways, although measurement of such can be a tricky business.
The latest national accounts show agriculture GDP growing 7.5% through the year to March 2012. This supported the 2.4% expansion in the New Zealand economy over the same period. . .
Massive Chinese market for red meat market – Sally Rae:
The importance – and potential – of China as a market for the red meat industry was reiterated during the recent red meat sector conference in Queenstown.
Arron Hoyle, McDonald’s senior director and head of strategy in China and Hong Kong, said the dragon was redesigning global trade and global prices.
He spoke of the “unprecedented” urbanisation in China, the emergence of mega cities and the significant opportunities the fast food chain saw. It was bullish and very excited about those opportunities. . .
Sector strategy shows encouraging signs – Sally Rae:
Meat Industry Association chairman Bill Falconer believes the red meat sector strategy has been “settling down extremely well” since its launch 14 months ago.
The strategy, initiated by the MIA and Beef and Lamb New Zealand, was aimed at improving the sector’s viability and increasing its earnings from $8 billion to $14 billion by 2025. . .
NZPork chairman Ian Carter has challenged those attending the industry’s annual conference to recognise themselves as “the best little pig industry in the world”.
“Pork is the world leader in animal protein, but only number three in New Zealand.
“Our target must be first place,” Mr Carter, a North Otago farmer, said. . .
Clutha dairy earnings climb – Shawn McAvinue:
Sheep and beef farmers were the biggest agricultural earner in the Clutha district but dairy farmers were a close second.
The latest statistics from the Clutha Agricultural Development Board (CADB) says sheep and beef farming earned $313 million and dairy farming $276m for the year ending June 2011.
However, a steady five-year growth spurt in dairying had the Clutha herd increasing by 30 per cent to 98,543 cows. In the same period sheep numbers dropped 14 per cent to about 2.17m. . .
Entries for the 2013 Ballance Farm Environment Awards open on August 1, 2012.
Administered by the New Zealand Farm Environment Trust (NZFE) and operating in nine regions, the annual competition promotes sustainable land management by showcasing the work of people farming in a manner that is environmentally, economically and socially sustainable.
Entry forms for the 2013 competition are available from the NZFE website at http://www.nzfeatrust.org.nz
NZFE chairman Jim Cotman says this website has been upgraded to make it easier for farmers to find information on the Ballance Farm Environment Awards and the Trust’s other activities. . .