Editorial: Hope for the best
New Zealand's dairy industry is right to call out Donald Trump over the damage the additional 15% tariff the US is imposing on our exports but also imposition on lower tariffs on our competitors.
OPINION: Donald Trump's focus on Canada is causing concern for the country’s dairy farmers.
While Trump wants to make Canada the 51st US state, it’s clear that the Canadian dairy industry is also on the president’s mind.
The US is said to have long desired to expand access to the tightly controlled Canadian dairy market. At the same time, Canada has strongly defended its supply management system. Trump linked his threat to impose 25% tariffs on Canada and Mexico to claims about fentanyl and migrants. And, when it comes to dairy, the new Trump administration is making it clear that Canada will face a familiar fight.
Dairy trade might be small – the US exported US$1billion worth of dairy to Canada in 2023, while the total amount of goods shipped across its northern border was about US$354 billion – but the industry has a reputation as a long-time, cross-border irritant.
Canadian dairy farmers hope the current trade imbalance in dairy, which greatly favours the US, will be a saviour. Canada exported about $300m in dairy products to the US in 2023.
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.