Finally, a deal is here
News that NZ and the UK have agreed 'in principle' to the terms of the free trade agreement (FTA) will come as welcome news to the dairy sector.
Milk consumption in the United Kingdom has dropped by just under 50% since 1974.
The fall in UK’s per capita consumption of milk is greater than in the US — it experienced a reduction of 40% of per capita liquid milk consumption since 1975.
The UK findings were reported within an analysis by the Agriculture and Horticulture Development Board (AHDB).
According to AHDB, despite 98.5% of UK households still buying milk to drink, the average per capita consumption has fallen from 140 litres per year (2.7 litres per week), to just 70 litres (1.4 litres per week).
But it’s not all doom and gloom — AHDB reports that value-added dairy products like cheese are experiencing growth.
AHDB says that the volume of milk going into UK cheese has increase by 1.09 billion litres in the past ten years.
In contrast, the volume of milk going into liquid manufacturing has dropped by 720 million litres in the same timeframe.
Federated Farmers president Wayne Langford is claiming “some real success” on the 12 policy priorities it placed before the Coalition Government.
Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.
The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.
Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.
In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.
One of New Zealand’s deepest breeder Jersey herds – known for its enduring connection through cattle with the UK’s longest reigning monarch, Queen Elizabeth II – will host its 75th anniversary celebration sale on-farm on April 22.