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Recently, the New Zealand Primary Sector Climate Action Partnership – He Waka Eke Noa (HWEN) – delivered their recommendations on an alternative agricultural emissions solution to the NZ Emissions Trading Scheme (ETS). In its report, HWEN outlined various recommendations which center around a farm-level split gas levy on emissions.
After two straight years of reaching record levels, New Zealand beef production and exports are expected to fall slightly in 2022. This decline is a result of expected reduced steer and heifer slaughter, as calf retentions in 2019 boosted last year’s slaughter number. As the size of New Zealand’s cattle herd is relatively steady, slaughter numbers are expected to return to more typical levels this year.