Farmers call for exporter support

Published: 3:43PM Sunday October 18, 2009 Source: Newstalk ZB

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Federated Farmers is calling on the government to offer a commitment of support for exporters.

It says although global dairy returns appear to be heading in a positive direction, the strength of the Kiwi dollar is threatening to the livelihoods of exporters.

Federated Farmers President Don Nicolson says New Zealand needs a profitable export sector to pay the bills - and those at the genesis of export production are only seeing red ink.

He says there is little security for farmers and other exporters, as their incomes come under attack from a grossly over-valued exchange rate.

Nicholson says wealth creation in New Zealand starts with exporters, and you cannot have them continually having red ink on their balance sheets.

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