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

 

Farmers Face Devastating Losses

Farmers Face Devastating Losses

Financial losses stemming from flooding in the lower half of the North Island are expected to be significantly higher than early estimates, said Tom Lambie, President of Federated Farmers of New Zealand (Inc).

"Our members and staff are informing us of devastating losses to stock, pastures, farm houses and farming infrastructure," Mr Lambie said. "The damage is much worse than first feared."

An updated estimate that the flood would cause $100 million in damage is closer to reality but might still be too low," he said.

"Information is still sketchy but we are hearing reports that some farmers have lost nearly everything -- their herds, fences, pastures, and milking sheds, and have had water running through their houses.

"Other farmers have had to be rescued by helicopter from roofs, and have yet to return to their homes to survey the damage."

Stock losses are expected to run into the thousands. A typical cow is worth about $800 to $1000.

"But on top of that is the cost of pasture regeneration, new crops, new fencing, replacing drains and bridges, clearing rubbish, and cleaning silt from farm houses

"These are assets that help in generating incomes which will take years to return to previous levels.

Mr Lambie said that some of the flooded land is among the most fertile and productive in New Zealand. Vegetable and fruit growers have also been hard hit.

"We strongly urge local councils and the government to recognise the extent of the damage and provide the appropriate level of assistance."

Further to an earlier media release, Federated Farmers of New Zealand (Inc) advises farmers seeking flood assistance to ring 0800 FFLOOD (0800 335 663).

Farmers and others wanting to offer help should send an email to flooding@fedfarm.org.nz,.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

ScoopPro: Helping The Education Sector Get More Out Of Scoop

The ScoopPro professional license includes a suite of useful information tools for professional users of Scoop including some specifically for those in the education sector to make your Scoop experience better. More>>

Big Tax Bill Due: Destiny Church Charities Deregistered

The independent Charities Registration Board has decided to remove Destiny International Trust and Te Hahi o Nga Matamua Holdings Limited from the Charities Register on 20 December 2017 because of the charities’ persistent failure to meet their annual return obligations. More>>

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>

ALSO:

Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

 
 
 
 
 
 
 
 
  • Bill Bennett on Tech