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''With regard to the AGM, I think it went well [with] no surprises,'' Mr Davies said.
In his report he said he had not realised the amount of time and effort the president's role took up, including the diversity of topics he was asked to comment on by the media.
''This role has been a learning curve for me,'' he said.
He called the level of new regulation and policy being generated by the Government a ''tsunami, which had started to crash down on to the agricultural sector.''
That included the new forestry and animal welfare regulations, taxation changes, Nait modifications, new gun laws and new climate change, biodiversity policy and fresh water policy statements being worked on.
''All of which will change the agricultural sector forever.''
Of main concern to Otago farmers are the changes around deemed permit and water allocation, as well as minimum flows and primary allocation units for rivers, ''all of which has serious economic, social and environmental implications''.
He said winter cropping would again be scrutinised this year, particularly in Southland, and new regulations were being worked on as part of the new fresh water policy statement .
He also talked about farm safety, the need to attract more staff and retain the ones they had.
Dairy farmer Mathew Korteweg, of Kaitangata, was reappointed as the dairy section chairman, with Luke Kane, of Tapanui reappointed vice-chairman.
Mr Kane was also re-elected chairman of the sharemilker section.
Simon McAtamney, of Greenfield, was reappointed as chairman of the meat and wool section with Logan Wallace re-elected vice-chairman.