In 2024, farmers faced challenges like soaring input costs and subdued returns, with dairy farmers faring better than sheep farmers. Despite the tough year, NZ farmers showed resilience and optimism for the upcoming year, with a record milk price predicted for dairy farmers and signs of improvement in the red meat sector. Recent policy announcements and increased farmer confidence suggest a brighter outlook for 2025, bringing hope for a more favorable year ahead.
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Farm’s saviour is rocket science
Onenui Station, a large Māori farm on the Mahia Peninsula in northern Hawke's Bay, has seen improved financial viability due to a partnership with Rocket Lab, a large international space company. By allowing Rocket Lab to launch their rockets from their land, the farm has diversified its income opportunities and received investments that have positively impacted their farming operation. This collaboration has brought jobs, innovation, and financial benefits to both parties, highlighting the success of...
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