Part 7/9:
Post-deregulation, New Zealand’s farming dynamics shifted significantly. There was a marked decrease in the sheep population, while dairy farming and wine production experienced substantial growth. Farmers reacted to global market demands rather than seeking government support. This proactive approach has enabled New Zealand to remain competitive in the global food market, showcasing dairy as a dominant export industry with co-operatives like Fonterra leading the way.
The Role of Young Farmers
Interestingly, New Zealand boasts the youngest average age of farmers among English-speaking countries, which suggests a thriving and evolving agricultural community. This youthfulness has the potential to instill modern techniques and adapt to changing market dynamics quickly.