Tag: Dairy

Peters: Farmers Must Reject Being National’s Doormat

Speech – New Zealand First Party Twenty-eight years ago, the late David Lange said: “Farming is a sunset industry and manufacturing and tourism will take its place.”Rt Hon Winston Peters New Zealand First Leader Member of Parliament for Northland 27 MAY 2016 Waikato Federated Farmers, Airport Conference Centre Tamahere, Hamilton 5pm, 27th May, 2016 “Farmers Must Reject Being National’s Doormat” Twenty-eight years ago, the late David Lange said: “Farming is a sunset industry and manufacturing and tourism will take its place.” Yesterday’s Budget resembled nothing so much as a Hollywood film set. Some had star roles and the rest were supporting actors, bit players or crowd scene fill-ins. The budget was totally Auckland-centric with the regions virtually forgotten despite being the economic powerhouses of this country. The Cabinet rank of the Minister for Primary Industries tells you a lot about the modern National Party. The Minister responsible for over 70% of our physical exports is one of Cabinet’s tail-end Charlies. Out of 20 Cabinet Ministers he is ranked 15th. That again came through in the Budget? If Mr Guy did plead for extra dollars for biosecurity, or for agricultural research, he got exactly what his cabinet rank suggests. That’s because whether you believe it or not farmers are looking like an endangered species within National’s urban dominated Cabinet. Nine of Mr Key’s Cabinet come from Auckland with a further...

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CORRECT: NZ PM Key says low dairy prices will rebound

Article – BusinessDesk March 22 (BusinessDesk) – Prime Minister John Key says he’s confident dairy prices, which have slumped below the cost of production, will rebound as growing Asian populations boost demand. CORRECT: NZ PM Key says low dairy prices will rebound as Asian demand recovers (Fixes date of China FTA to 2008 in seventh paragraph) By Tina Morrison March 22 (BusinessDesk) – Prime Minister John Key says he’s confident dairy prices, which have slumped below the cost of production, will rebound as growing Asian populations boost demand. Dairy product prices have fallen for five of six auctions on the GlobalDairyTrade platform this year, as the European Union signals it will underpin production even in the face of global oversupply, and amid continuing Russian import bans and weaker demand from China following a build-up of inventories. Prices have remained lower for longer than expected, putting pressure on dairy farmer incomes, dairy debt levels and spending in rural communities. Key told the Platinum Primary Producers annual conference in Wellington that he was confident prices would rebound on Asian demand. “I understand dairy is weak at the moment,” Key said, however, he said the factors behind the lower prices were “temporary”. “People, as they are wealthier, want protein and that’s happening in Asia,” he said. “They are going to come right and they are going to come right because that consumer...

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Key sees dairy rebound as Asia demand recovers

Article – BusinessDesk March 22 (BusinessDesk) – Prime Minister John Key says he’s confident dairy prices, which have slumped below the cost of production, will rebound as growing Asian populations boost demand. PM Key says low dairy prices will rebound as Asian demand recovers By Tina Morrison March 22 (BusinessDesk) – Prime Minister John Key says he’s confident dairy prices, which have slumped below the cost of production, will rebound as growing Asian populations boost demand. Dairy product prices have fallen for five of six auctions on the GlobalDairyTrade platform this year, as the European Union signals it will underpin production even in the face of global oversupply, and amid continuing Russian import bans and weaker demand from China following a build-up of inventories. Prices have remained lower for longer than expected, putting pressure on dairy farmer incomes, dairy debt levels and spending in rural communities. Key told the Platinum Primary Producers annual conference in Wellington that he was confident prices would rebound on Asian demand. “I understand dairy is weak at the moment,” Key said, however, he said the factors behind the lower prices were “temporary”. “People, as they are wealthier, want protein and that’s happening in Asia,” he said. “They are going to come right and they are going to come right because that consumer demand pattern is just enormous, it’s not going to change. There is...

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Global Dairy Trade Down – National Out of Ideas

Press Release – New Zealand First Party New Zealand First says the National Government is completely out of ideas and it is time for farmers to swap over to New Zealand First. The latest fall in global dairy prices isnt a surprise, says New Zealand First Leader and Member of Parliament …16 MARCH 2016 Global Dairy Trade Down – National Out of Ideas New Zealand First says the National Government is completely out of ideas and it is time for farmers to swap over to New Zealand First. “The latest fall in global dairy prices isn’t a surprise,” says New Zealand First Leader and Member of Parliament for Northland Rt Hon Winston Peters. “The so-called Futures Market these so-called experts base all their predictions on is run by the NZX when the TAB would do a better job. “The NZX is not a real dairy futures market with no physical product involved and it provides more false hope than anything else. In contrast, the United States’ CME more accurately showed dairy prices were going sideways. “It is time for farmers to drop, cover and hold but all they get from National is platitudes about resilience. As for the other parties, can you really trust them? “New Zealand First is the only Party that saw this coming so lodged an amendment to the Receiverships Act to level the playing field...

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TPPA Silver Bullet ‘a Myth’ – NZ First

Press Release – New Zealand First Party The TPPA is not going to be the silver bullet that will drag New Zealand out of a dairy disaster as the prime minister keeps stating, New Zealand First says.10 MARCH 2016 TPPA Silver Bullet ‘a Myth’ – NZ First The TPPA is not going to be the silver bullet that will drag New Zealand out of a dairy disaster as the prime minister keeps stating, New Zealand First says. “Whenever the Fonterra farmgate price drops to another depressing level the prime minister and his government make much noise about the wonders that will come with the TPPA, which are entirely mythical,’’ New Zealand First Primary Industries Spokesperson Richard Prosser says. “Japanese, American and Canadian governments heavily subsidise their dairy farmers – Japan with $45 billion; Canada with $7.5 billion, “Farmers getting these subsidies are not going to welcome our primary exports with open arms. “Also, the TPPA’s final approval is uncertain if not unlikely and hinges on what happens after the American presidential election. “Finance Minister Bill English said this week he had no reason to believe there was going to be widespread farm foreclosures, “Yet the day before the prime minister was reported saying ‘inevitably you’ll probably see some farms being sold.’ “The National Government is failing New Zealand dairy farmers. “If they gave a damn about rural communities, they...

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