Greenhouse gas pricing will see farmers exit - Fitch

Greenhouse gas pricing will see farmers exit - Fitch
Brent Melville
Fitch Group expects marginal livestock producers to exit the New Zealand market in the coming years as government greenhouse gas emission pricing starts to bite behind the farm gate.In its outlook for the NZ agriculture sector, Fitch Solutions said that while it expects the livestock and milk production sectors to adapt to planned GHG pricing from 2025, methane reduction targets will be a greater challenge to farms, with rising on-farm costs hitting less profitable farmers harder.But some farms may benefit from selling carbon credits through em...

More Primary Sector

Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025
Scott Technology's revenue drops 14%
Primary Sector

Scott Technology's revenue drops 14%

Its long term strategy is not far away.

Riley Kennedy 16 Apr 2025