Friday, March 29, 2024

My Daily Digest: January 12, 2021

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Sector’s challenges far from over  The halls of power in Wellington are pretty empty at the moment but those elected to office late last year have a lot to ponder over the summer. A look through the briefing papers for incoming ministers uncover some real challenges ahead.
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As far as the primary industries are concerned, the trick for this Government will be maintaining export income while implementing measures to curb farming emissions.

With covid-19 still keeping much of the world shut, 2021 will be another year of waning demand, especially for high-end food.

Agriculture employs one in nine people in New Zealand, so kneecapping it in the short term is in no one’s interests.

But making it sustainable is necessary for its long-term future and finding the right path forward will be tricky.

As they say, timing is everything.

 

Bryan Gibson

 

GHG pricing will see farmers exit – Fitch

Fitch Group expects marginal livestock producers to exit the New Zealand market in the coming years as government greenhouse gas (GHG) emission pricing starts to bite behind the farm gate.

 

Brief explores covid’s impact on ag

Agriculture has performed well during the covid-19 pandemic, but briefing papers to the incoming Cabinet ministers warns the outlook is challenging.

 

Daigou dragging a2 Milk down

The a2 Milk Company (a2MC) is stuck with a systemic problem of reliance on daigou trading of infant formula to Chinese consumers, analysts say.

 

Alliance partners with children’s charity

Alliance Group will become an official partner of Ronald McDonald House South Island, the independent charitable trust providing free accommodation and support to families who need to travel to Christchurch and Invercargill for their children’s medical treatment.

 

PULSE: Dollar knocks farm gate prices

As the new year gets underway, there’s keen interest to understand where farm gate prices are at. Simply put, livestock slaughter prices have started off 2021 in a more structured, settled position than this time last year.

 

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