Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

DFNZ Report To FFNZ National Council

14 November 2000 PR124/2000

DFNZ Report To FFNZ National Council

Dairy Farmers of New Zealand Chairman Charlie Pedersen told Federated Farmers National Council meeting today that dairy industry restructuring remains the stand-out issue for dairy farmers.

"A motoring analogy of our industry structure is an HQ Holden going 100 miles per hour on a country road," he commented.

"The HQ was culturally and mechanically appropriate in 1972, but it is a crash waiting to happen in 2000," Mr Pedersen added.

"Farmers and their increasing milkflow are testing the HQ's 3-speed gearbox and only the Dairy Board's wheels seem to be coping, albeit while travelling in a straight line."

"There remains three options for restructuring the industry: embracing the status quo and putting NZDB shares in the hands of farmers - the rightful owners; forming a single manufacturing and marketing company with deregulation; and splitting the NZDB between the co-ops - the most unpopular option for farmers - so that they could manufacture and market their own product overseas."

"Whatever option the industry takes, the interests of dairy farmers, the ultimate owners, must remain paramount, and they must have the final decision of where their industry goes."

"DFNZ has resolved, after consultation with the Minister of Agriculture and his officials, to use professional consultants to survey dairy farmers once a structural option is proposed, so as to provide evidence for the Government as to farmers' preferred option."

ENDS For further comment Charlie Pedersen 025-463-480


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Judicial Review: China Steel Tarrif Rethink Ordered

On 5 July 2017 the Minister determined not to impose duties on Chinese galvanised steel coil imports. NZ Steel applied for judicial review of the Minister’s decision. More>>

Debt: NZ Banks Accelerate Lending In June Quarter

New Zealand's nine major lenders boosted lending at the fastest quarterly pace in almost two years as fears over bad debts subsided. More>>

ALSO:

Balance Of Trade: Annual Current Account Deficit Widens To $9.5 Billion

New Zealand’s current account deficit for the year ended June 2018 widened to $9.5 billion, 3.3 percent of GDP, Stats NZ said today. More>>

ALSO:

Talking Up The Economy: NZD Gains On PM's Mistaken GDP Comment

Her comments were downplayed by her chief press secretary who said she was referring the government's June year financial statements and had "made a mistake." More>>

ALSO: