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MikeJ's avatar

I'am a 66 year old beef farmer (rancher) in New Zealand who retired yesterday. My last bull was sold off. I'am completely debt free and rather than sell out I've leased the farm to my neighbor because I want to remain living here and continue to do part time work improving the aesthetics of the farm. It also helps my neighbor generate income to help buy my farm because the alternative is to sell out to the new farmers that have started to dominate the more marginal areas of NZ, called Carbon Farmers. 30-50 years ago very marginal land was retired from sheep and beef farming and planted in pines to be harvested for timber. For the last 10 years or so l've watched from the highest point of my farm (at 1100 feet) the slow encroachment of pine trees covering productive rolling beef country. This is happening across all of NZ. Consortiums have bought farms by outbidding genuine farmers and covering the land in pines that will never be harvested, waiting 6 years, then start claiming carbon credits that they can either hold or sell off for cash. It makes more money per Ha than beef farming with current carbon credit value at NZ$58 sold on the secondary market. It started with marginal land but has now moved to rolling land.

People ask "where will our food come from?" I ask "why do you expect that there will be the population to feed?".

Jeff's avatar

Thank you so much for this heads up, Dr. Nass! I'm so thankful God has made you so mind-bogglingly energetic, freedom-loving and intelligent!!

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