NZ red meat sector hits out at US tariff hike
New Zealand's red meat sector says the United States' decision to increase tariffs on New Zealand exports is disappointing.
Primary Industries Minister Nathan Guy is welcoming new figures forecasting that primary exports will reach $37.5 billion for the year ending June 2017.
The forecast is up $0.8 billion on the previous December forecast.
“This is the first time MPI has produced a quarterly update of its Situation Outlook for Primary Industries (SOPI) which will give us a more accurate picture during the year,” says Guy.
Next year overall primary sector exports are expected to grow by 9.7% to $41b.
Guy says it shows New Zealand has a strong, diversified primary sector and shows forestry and horticulture doing well. And it’s pleasing to see dairy rebounding after several tough seasons.
“This year is likely to be more challenging for the sheep meat sector with market volatility and the UK’s exchange rate fluctuations.
“So the government is strongly supporting the meat industry through the Primary Growth Partnership, with about half the funding going to red meat projects. Access to China for chilled meat is also a major positive, along with renegotiated access to Iran.”
The SOPI report was released by Guy at the Te Hono National Summit for primary industries leaders in Christchurch last week.
Phoebe Scherer, a technical manager from the Bay of Plenty, has won the 2025 Young Grower of the Year national title.
The Fencing Contractors Association of New Zealand (FCANZ) celebrated the best of the best at the 2025 Fencing Industry Awards, providing the opportunity to honour both rising talent and industry stalwarts.
Award-winning boutique cheese company, Cranky Goat Ltd has gone into voluntary liquidation.
As an independent review of the National Pest Management Plan for TB finds the goal of complete eradication by 2055 is still valide, feedback is being sought on how to finish the job.
Beef + Lamb New Zealand has launched an AI-powered digital assistant to help farmers using the B+LNZ Knowledge Hub to create tailored answers and resources for their farming businesses.
A tiny organism from the arid mountains of mainland Greece is facilitating a new way of growing healthier animals on farms across New Zealand.
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