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

 

$130 million of new funding to support agricultural industry

$130 million of new funding to support agricultural industry

New projects focus on environmental management and growth of agri-foods exports

In the latest round of Ministry of Business, Innovation and Employment funding, the five partners in the Lincoln Hub – AgResearch, DairyNZ, Landcare Research, Lincoln University and Plant & Food Research – secured grants totalling $133 million for 21 new research projects to support innovation and environmental management in the dairy, meat, horticulture, cropping and wider agri-food sectors.

In the largest programme to receive funding, DairyNZ will lead a nationwide $24 million project - $21 million from the Government with additional funds from the industry - to reduce nitrate leaching losses from dairy, arable, beef, sheep and mixed farm business. The six-year project will combine research across the five organisations in the hub, in partnership with the Foundation for Arable Research, to develop pasture and cropping sequences that are more efficient at reducing nitrogen in urine and capturing nitrogen in the field.

“We’re going to combine the expertise and resources of three Crown Research Institutes, one university, and industry bodies to solve the twin challenges of increasing New Zealand’s agricultural exports while reducing the environmental footprint of farming,” says DairyNZ chief executive Dr Tim Mackle. “We estimate that successful implementation of the findings of this research will help bring about long-term economic benefits worth around $2 billion per annum to the country.”

Other research funding will improve the economic and environmental efficiency of New Zealand farming through the improvement of new irrigation and pollination technologies across the sector, as well as the development of next generation biopesticides for the control of pests and diseases that reduce productivity of pastoral, horticultural and arable crops. Export returns will also be increased through the development of new cultivars and production technologies for the horticulture sector, and in the dairy sector, new research will boost production and exports of goat and sheep dairy products.

The Lincoln Hub brings together five partners - AgResearch, DairyNZ, Landcare Research, Lincoln University and Plant & Food Research – to create a world-class agricultural research and education facility. The Hub will support the doubling of exports from New Zealand’s primary sector to $60 billion by 2025.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Grey Power: Is Disappointed To Learn Of More Bank Closures

Many older people are being left without essential services because of cost cutting and the march of modern technology. It is now expected that most banking transactions can occur via the internet or telephone. Jan Pentecost, President of the Grey Power ... More>>

ALSO:

Economy: Supply Chain On Brink Of Overload Says National Road Carriers

The New Zealand supply chain is on the brink of overload and it looks like the upcoming peak imports season may push it over the edge says National Road Carriers Association (NRC) CEO David Aitken. “Worldwide supply chains are in disarray,” says Mr Aitken. ... More>>

Retail: Supermarkets Announced As Government’s Second Market Study

The Government has today launched a market study to ensure New Zealanders are paying a fair price for groceries. More>>

ALSO:

Statistics New Zealand: Retail Sales Recover In The September 2020 Quarter

Retail sales values recorded the largest September quarter rise since the series began in 1995, Stats NZ said today. Spending on major household items, vehicles, and groceries contributed to the strong 7.4 percent ($1.8 billion) rise in total ... More>>

Kea Aerospace: New Zealand Flies Into The Stratosphere

Development has started on a solar-powered, unmanned aircraft that can fly in the stratosphere continuously for months at a time. The zero-emission aircraft will carry a suite of imagery equipment that will be game-changing for many industries, vastly ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>

ALSO:


Forest & Bird: Kākāpō Wins Bird Of The Year 2020

The nation has voted and Aotearoa New Zealand has a new Bird of the Year. New Zealand’s moss-colored flightless parrot has climbed to the top-spot for the second time in Forest & Bird’s annual Te Manu Rongonui o Te Tau/Bird of the Year competition. ... More>>