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

Zespri on track for 'moderate increase' in volume next year
Primary Sector

Zespri on track for 'moderate increase' in volume next year

Zespri's producer vote to expand global supply passed this week.

Yashili NZ revenue dropped 42%
Primary Sector

Yashili NZ revenue dropped 42%

The Chinese-owned dairy processor’s accounts were due in May.

Zespri growers vote in favour of expanding global supply
Primary Sector

Zespri growers vote in favour of expanding global supply

Zespri’s growers have voted to support the expansion of the kiwifruit marketer’s global supply.A total of 90.6% of voting growers and 93.3% by fruit weight voted in favour of the resolution, which will allocate up to 420 hectares of SunGold fruit per year over six years in Italy,...

Riley Kennedy 11 Dec 2024
Greyhound racing to end
Primary Sector

Greyhound racing to end

Winston Peters says it will be phased out over 20 months.

Riley Kennedy 10 Dec 2024