INDEPENDENT NEWS

Investment needed for NZ red meat sector

Published: Tue 9 Oct 2018 10:38 AM
Investment needed for NZ red meat sector to realise sustainable advantage – industry report
Increased investment into the ethical and sustainable aspects of New Zealand’s red meat production systems can deliver a range of benefits for the sector, according to a recently-released report by agricultural banking specialist Rabobank.
In the report, Realising the Sustainable Advantage: How investments in sustainability can benefit the New Zealand red meat sector, Rabobank says in order to address local concerns about the impact livestock farming is having on animals and the environment, regulation of the New Zealand agricultural sector is set to tighten over the next 12 to18 months, requiring the industry to invest more into the ethical and sustainable aspects of its production systems. However, this investment can pay strong dividends to the sector by helping to mitigate risks and providing future market opportunities.
“While it will be challenging in the short to medium term for the sector to pass on the associated cost increases to New Zealand’s offshore customers, changing global trends and market requirements ensure there are benefits to be realised from this investment,” report author, Rabobank animal proteins analyst Blake Holgate said.
“These benefits include risk mitigation measures which will help to future proof the red meat sector, as well strategic advantages that position the industry to unlock new markets, develop long-term supply arrangements and influence the direction of future regulation.”
http://img.scoop.co.nz/media/pdfs/1810/Media_release__Investment_needed_for_NZ_red_meat_sector_to_realise_sustainable_advantage__industry_report_1.pdf
ends

Next in Business, Science, and Tech

RBNZ To Implement $30bn Large Scale Asset Purchase Programme Of NZ Govt Bonds
By: The Reserve Bank of New Zealand
Monetary Policy With Very Low Interest Rates
By: The Reserve Bank of New Zealand
More Snow On Glaciers But No Good News, Say Scientists
By: NIWA
Elevate NZ Venture Fund To Lift Productivity
By: New Zealand Government
New Legislation To Boost Organics
By: New Zealand Government
Misinformation Circulating On Biodiversity Policy
By: Forest And Bird
Govt Backs RBNZ Move To Support Economy With Lower Interest Rates
By: New Zealand Government
Reserve Bank announces further measures to support economy
By: RNZ
Holding Off The COVID-19 Recession – Expert Reaction
By: Science Media Centre
Banking Sector Prepared For Responding To COVID-19
By: The Reserve Bank of New Zealand
Reserve Bank’s ‘unconventional Tools’ Are Conventional Elsewhere
By: Social Credit
RBNZ Survey: Experts Say An Out-of-cycle Rate Cut May Cause Panic
By: Finder
Next Steps Of Govt And Business COVID-19 Response
By: New Zealand Government
NZX falls following US interest rate cut
By: RNZ
Coronavirus and the economy: Responding to Covid-19 with precision
By: RNZ
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media