EU regulations unfairly threaten $200m exports
A European Union regulation ensuring that the products its citizens consume do not contribute to deforestation or forest degradation worldwide threatens $200m of New Zealand beef and leather exports.
Agriculture Minister Damien O'Connor continued his overseas odyssey in the past week with multiple meetings in the US, Europe and Ireland - all aimed at sorting out trade issues which in the case of Europe dairy is a major issue.
The main purpose of his trip is to engage with the European Union (EU) with whom NZ is currently endeavouring to negotiate a free trade agreement (FTA). The negotiations have been progressing slowly and as yet the EU has not come up with a better offer than the one former EU trade commissioner Phil Hogan offered a year ago. That offer was widely condemned by NZ politicians and farming leaders as grossly inadequate and insulting.
On his way to Europe, O'Connor stopped off in Washington, D.C. to meet with the US Trade Representative Katherine Tai, becoming the first N government minister to visit the US since the start of the Covid-19 pandemic. Before leaving on his trip, Minister O'Connor said he'd be talking to US counterparts about how we can work together to keep our bilateral trade and economic relationship on its current growth trajectory. The US is NZs third largest trading partner.
In the past week, Damien O'Connor has held meetings in Sweden, Ireland and France.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
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