Landcorp had no choice but to dump its plan to convert forestry land for 30,000 cows because of the poor short and medium term outlook for the dairy price, Labour’s Primary Industries spokesperson Damien O’Connor says.
“The decision not to convert 14500ha of former forestry land north of Taupo is a no brainer. With the global milk glut, New Zealand doesn’t need a significant increase in the supply of diary
“The question now is what Landcorp does with the land at Wairakei Estate.
“The Government is out of ideas. It has failed to diversify the economy and put all its milk in one bucket.
“National has refused to take action over dry stock issues or undertaken the reform of the red meat sector which is so desperately needed. This Government has provided no leadership for farming.
“The only light at the end of this tunnel is today’s sensible decision by Landcorp,” says Damien O’Connor.