US tariffs and shipping delays push NZ apple exports to Asia
A Hawke's Bay apple grower says it's no longer profitable for him to export apples to the US because of the 15% tariff imposed on them by Donald Trump.
President Donald Trump’s decision to impose tariffs on imports into the US is doing good things for global trade, according to Agriculture and Trade Minister Todd McClay.
Speaking last week at the US/NZ Business Summit in Auckland, he says Trump’s approach has prompter other countries to start negotiating trade deals with each other.
“Countries are coming together to try to create certainty for their businesses and try new deals and we’re starting to see that this is a direct result of President Trump’s trade policy.”
“There are more trade deals being negotiated in the world at the moment than I can think of at any time before. Jump forward five or ten years, the world is likely to almost be a more certain place because we’re having more trade agreements.”
Virtual fencing and herding systems supplier, Halter is welcoming a decision by the Victorian Government to allow farmers in the state to use the technology.
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
New Zealand’s national lamb crop for the 2025–26 season is estimated at 19.66 million head, a lift of one percent (or 188,000 more lambs) on last season, according to Beef + Lamb New Zealand’s (B+LNZ) latest Lamb Crop report.
Farmers appear to be cautiously welcoming the Government’s plan to reform local government, according to Ag First chief executive, James Allen.
The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.
Fonterra's Eltham site in Taranaki is stepping up its global impact with an upgrade to its processed cheese production lines, boosting capacity to meet growing international demand.