INDEPENDENT NEWS

Landmark report shows value of pesticides to NZ

Published: Tue 23 Jul 2019 08:00 PM
Landmark report shows value of pesticides to NZ’s land-based industries
The New Zealand Institute of Economic Development today released a landmark report, showing that New Zealand’s economy would lose up to $11.4 billion without crop protection products – and that crops would lose 30 percent of their value overall.
The report covers forestry, pasture, horticulture, field crops and vegetable production.
Agcarm chief executive, Mark Ross, says that the report highlights the importance of the crop protection industry to New Zealand’s economy.
“Not only does the industry have an important part to play in supporting the economy, it is also vital for producing safe food and protecting our environment. It develops tools to manage biosecurity incursions which damage our native species and crops,” says Ross.
Crop protection products have a far-reaching impact on our land-based sectors. Without them, many industries would face significant losses. Horticulture, for example, would lose 75 percent of the value of its crops. A severely reduced kiwifruit production would have resulted from the deadly 2010 PSA outbreak. Vegetable growers face losses of around 88 percent. In many cases, it would not be possible to grow commercial quantities of crops without these products. In other cases, yields would be much lower and the economic impact of this would be substantial.
The industry is committed to the responsible use of crop protection products – from researching the best ways of managing damaging pests and diseases, through to safe use and disposal. This includes ensuring that any waste plastic containers are recycled and repurposed through the Agrecovery programme.
Our industry focusses on stewardship and ensuring that there continues to be a variety of new products to offer pest control solutions for growers and farmers. Agrichemicals that are more environmentally-friendly, more effective and more targeted allow farmers to better control target pests, while protecting human health and allowing beneficial flora and fauna to prosper.
ENDS
Note to editor: The report, ‘The Importance of Crop Protection Products for The New Zealand Economy’ and a summary of the report can be found at agcarm.co.nz.

Next in Business, Science, and Tech

Progressive Campaigning Organisation Slams Budget 2024 - A ‘Backwards Budget Of A Thousand Cuts’
By: ActionStation
Coalition Budget Tax Switch Will Hurt Most Vulnerable
By: Tax Justice Aotearoa
Roading Investment Welcomed Amid Tough Times For Industry
By: Ia Ara Aoteara Transporting New Zealand
Budget 2024 Rail Investment Supports Reliability And Value For Money
By: KiwiRail
A Responsible Budget For The Times
By: Business New Zealand
Flybuys To Bid Farewell To New Zealanders After Nearly Three Decades
By: Loyalty New Zealand
View as: DESKTOP | MOBILE © Scoop Media