The report considers a range of issues that we consider the industry needs to resolve to truly become a customer led, science driven, high productivity sector that can assist in driving the long term growth in profitability and success of the New Zealand economy.
Having completed the KPMG Agribusiness Agenda we are excited about the prospects for the sector and consequently the wider economy.
KPMG is committed to investing in delivering insights that are relevant and challenging to the industry and others with an interest in the long term success of New Zealand. We are committed to playing our part in the long term growth and success of the agribusiness sector.
We look forward to receiving your feedback on this report and the discussions we expect it to generate.
The report's 12 key opportunities and challenges for the sector are grouped under 4 broad headings:
- Efficient, best practice production methods
Most efficient producer
Capitalising the industry for growth
Unwinding hindering regulation should be a priority
- Addressing future market realities
Meeting the opportunities of new markets
Responding to volatility in global markets
An over reliance on dated science must change
- Sustainability is an imperative – like it or not
Brand New Zealand needs to be backed by substantive actions
Traceability is a must do quickly
Animal welfare is an obligation on all farmers