• Our Research
    • Research Strategy
    • Research Sites
    • Current Research Projects
    • Research Results
    • Research Collaborations
    • Research Resources
    • Seed Industry Research Centre
    Current Research
    Current Research
    Research Results
    Research Results
  • Resources
    • Biosecurity
    • Crop Action
    • Nutrient Management
    • Maize
    • Templates and Calculators
    • Cereals
    • Weeds
    • Pests
    • Seeds
    • Diseases
    • News
    • Environment
    • Soil
    • Schools
    Podcast
    Podcast
    Environment and Compliance
    Environment and Compliance
  • Levies & Returns
    • Arable Crops Levy
    • Maize Levy
    • Cereal Silage Levy
    • Farmer Annual Return Form
    • Wholesaler Annual Return Form
    Levies
    Levies
    Annual Returns
    Annual Returns
  • Events
  • News
  • About Us
    • Governance and growers
    • Business Strategy
    • Our People
    • Careers
    • Growers Leading Change
    • Women in Arable
    • Arable Ys
    • Arable Kids
    • Arable Research Groups (ARGs)
    Our People
    Our People
    Growers Leading Change
    Growers Leading Change
  • Ask FAR AI
  • Weather
  • Log In
Ask FAR AI
Weather
Log In
  • Homepage
  • Resources
  • Pasture Renewal Provides The Potential To Add 1 6Bn To Value At Farm Gate

Pasture renewal provides the potential to add 1.6bn to value at Farm Gate

Feature placeholder

The value of pastoral farming to the New Zealand economy has never been in question, however often the focus has been on the animals with no reference to the importance of pastures.

A new report from BERL Economics, "Economic analysis of the value of pasture to the New Zealand economy", commissioned by the Pasture Renewal Charitable Trust (PRCT), has highlighted the value that pastures provide to Gross Domestic Product (GDP). More importantly, the report goes on to outline the increase to GDP that can be achieved through pasture renewal.

Speaking at the launch of the report in the capital on 26 November, PRCT Chairman, Murray Willocks, outlined how the work of the PRCT has highlighted the need to focus back on pasture management. He commented that pastures have been taken for granted, "Farmers manage arable crops, and pasture needs the same attention".

The figures from the BERL report are impressive, with the potential to add $1.6bn in value to Farm Gate through pasture renewal, which in turn equates to $0.8B in direct GDP. To put this in context, it would require approximately 460,000 additional international tourists per annum to generate this level of additional spend within the tourism sector.

Minister of Agriculture, Hon. David Carter congratulated PRCT for its work in this field and also stated that he was encouraged to see so many industry sponsors involved. He went on to say that, "this is an astute report, I encourage farmers to seize this opportunity". He added that innovation is the key, New Zealand is no longer a low cost provider other countries are positioning themselves to compete with. "We cannot rely solely on research from previous decades. New Zealand is looking for ground breaking projects to drive our economy forward."

In his closing address Murray Willocks went on to point out that the technology, infrastructure and knowledge already exist to readily achieve this lift in productivity. "The disconnect is in getting the information out to farmers, PRCT looks to change and review that process with the assistance of key influencers."

Producing good quality pasture is very reliant on high quality seed. New Zealand herbage seed growers produce all the pasture seed for the New Zealand pastoral industry to extremely high quality standards. The Foundation for Arable Research FAR invests approximately $1m per year in research on herbage seed to ensure we are well positioned to continue to supply seed to improve NZ pastures.

FAR CEO Nick Pyke commented, "FAR is proud to support PRCT in this work and we look to aid the Trust through our sponsorship and the dissemination of information, taking this message forward for the benefit of New Zealand farmers."

Click here to view as a PDF......

Related Resources

15 July 2025

Chlorpyrifos approvals revoked

The EPA decision-making committee has determined that the risks associated with the use of chlorpyrifos outweigh the benefits.

Read more
15 July 2025

Maize levy concludes

Growers, maize seed companies and maize seed merchants will not have to pay the maize biosecurity levy for transactions conducted after 1st July 2025.

Read more
15 July 2025

Combine harvester workshops win technology innovation award

FAR combine harvester workshops have taken out the Technology Innovation Award at the 2025 Primary Industries New Zealand Award Ceremony.

Read more
15 July 2025

Crop Action: Issue 12, 2025

Crop Action keeps you up to date with arable crop development and actions right across New Zealand.

Read more
15 July 2025

Cost of Production spreadsheet

FAR contracts the services of Macfarlane Rural Business annually to update the Cost of Production spreadsheet for a standard set of crops from a case study group of a typical irrigated Mid-Canty arable farm with a mid to high input system.

Read more
15 July 2025

Crop Action: Issue 11, 2025

Crop Action keeps you up to date with arable crop development and actions right across New Zealand.

Read more
15 July 2025

Congratulations Dame Alison Stewart

The Board and staff of the Foundation for Arable Research are delighted to congratulate FAR CEO, Alison Stewart, on her appointment as a Dame Companion of the New Zealand Order of Merit.

Read more
15 July 2025

Crop Action: Issue 10, 2025

Crop Action keeps you up to date with arable crop development and actions right across New Zealand.

Read more
15 July 2025

From the Ground Up Winter 2025

Welcome to the Winter 2025 edition of From the Ground Up. This edition of From the Ground Up includes information on: Farewell Alison StewartMaize weed managementBarley nitrogen

Read more
15 July 2025

2024/25 Autumn Cultivar Book

The Autumn Cereal Cultivar Evaluation Book for 2024/25 is now available to read.

Read more

Ask FAR AI

Discover the power of AI with Ask FAR. Our new intelligent tool provides instant, accurate answers to your questions by searching the vast resources on the FAR website and linking you to the original document for further information. It’s fast, easy and reliable.

Start Chatting
  • Research
  • Levies and Returns
  • Resources
  • Events
  • News
  • Contact Us
  • Schools
  • About Us
  • Privacy Policy
  • Terms of use

©2022 Foundation for Arable Research