Tuesday, 06 September 2022 09:55

Tariff quotas under review

Written by Staff Reporters

font size decrease font size increase font size
Print
Email

Agriculture Minister Damien O'Connor.

The Government will review export quotas it allocates annually to milk processors.

Agriculture Minister Damien O'Connor says this is to maximise export returns for New Zealand's dairy industry.

Access into a number of dairy export markets is controlled through tariff quotas, which provides access into a market for set volumes at a lower or zero tariff.

Dairy export quota allocations are set each year by the Ministry for Primary Industries, and allocated to eligible processors proportional to the milk they collect from farmers. To be eligible processors must collect at least 0.1% of New Zealand's total milk solids.

O'Connor says New Zealand's free trade agreements with the United Kingdom and European Union present new opportunities for New Zealand exporters.

"The new dairy quotas, which will become available under the recent FTAs, means it's timely and prudent to take a fresh look at how we allocate dairy export quota," O'Connor says.

"I want to ensure the quota system is working well for everyone, that the value of quota is being maximised, and that opportunity is not being missed.

"We've fought hard for our dairy exporters and secured improved access through these FTAs. I know our dairy industry is looking to take up the benefits under these agreements as soon as possible."

More like this

Damien O’Connor Criticises Budget 2026 as ‘Miserable’ for Rural New Zealand

A miserable budget that didn’t deliver much for anyone.

NZ exports to EU surge by $3b under free trade deal, says Government

New Zealand exports to the European Union have surged by $3 billion in two years under the New Zealand-European Union Free Trade Agreement.

Labour Supports NZ/India FTA

National's decision to ‘dribble’ information about the NZ/India to Labour contributed to the delay in it deciding to supported the FTA.

Horticulture export growth at risk without plant import reforms, says Hawke’s Bay orchardist

A Hawke's Bay apple orchardist supports the Government's objective of doubling exports but says this won't happen in the horticulture sector unless there's a change in the process for bringing new plant material into the country.

NZ horticulture exports projected to rise to $9.2 billion by 2026

Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.

Featured

Taupiri Farmers Chase Ownership After Awards Success

For Taupiri dairy farmers Logan and Sian Dawson, their involvement in the NZ Dairy Industry Awards has been a key catalyst in the growth of their business - the experience helping shape how they approach the farm ownership pathway they are pursuing today.

West Otago Farmer Luke Kane Wins Rabobank 2026 Prize

West Otago dairy farmer Luke Kane has been awarded the 2026 Rabobank Dr John Morris Business Development Prize.

Editorial: Hunting Policy Misses The Mark

OPINION: As the general election approaches, political parties are churning out policies in the hope of attracting more votes.

Timaru-Bred Bull Takes Out 2026 Mahoe Trophy

An LIC bull, Tronnoco AR Sadio-ET S3F, bred by Tony and Keri O'Connor of Tronnoco Farming Co Ltd near Timaru, has won the 2026 Mahoe Trophy.

Ballance Urges Farmers to Plan Ahead for El Niño

With forecasters advising El Niño conditions will develop through winter and strengthen into spring and summer, Ballance Agri-Nutrients is encouraging farmers and growers to think ahead about nutrient planning and be prepared to work around challenging weather conditions.

Palmerston North Shearer Sentenced After MPI Investigation Into Sheep Abuse

A Palmerston North shearer has been sentenced to six months' community detention and 12 months' supervision after being found to have physically abused three lambs while shearing them.