Nimble New Zealand exporters finding opportunity amid shifting trade terms
Global trade wars and uncertain tariff regimes could play into the hands of many New Zealand exporters, according to Gareth Coleman ANZ’s Head of Trade & Supply Chain.
According to Zespri, it will be supplying RubyRed to consumers in New Zealand, Singapore, Japan, Taiwan and China.
The company says it will be looking to delivering the variety to more markets as volume grows in the coming years. RubyRed is a new variety and in NZ this year around 100 hectares of a total of 415 hectares planted have been available for sale.
The company says during the early sales trials in Singapore, they found that over its relatively short selling window, Zespri RubyRed Kiwifruit attracted new customers to the kiwifruit category. It reports that this saw one in five purchases in 2019 and one in three in 2020 made by shoppers who had not purchased kiwifruit within the past 12 months.
Zespri says trials in all markets found RubyRed consistently attracted younger shoppers more than other Zespri varieties.
RubyRed kiwifruit is described as having a delicious, naturally berry-sweet taste, a smooth, edible skin, and its vibrant red flesh stems from anthocyanins - a naturally occurring pigment. Zespri says RubyRed kiwifruit has high levels of Vitamin C but low GI, meaning it's suitable for consumers monitoring their blood sugar levels.
Breeding work began on developing the red kiwifruit variety in 1993, under the long-running new varieties breeding programme jointly run by Zespri and Plant & Food Research. It is now run as a joint venture by the Kiwifruit Breeding Centre.
After more than 10 years of research, extensive trials and plenty of taste-testing, the variety was commercialised in December 2019.
Kiwis love their butter, and that's great because New Zealand produces some of the best butter in the world. But when the price of butter goes up, it's tough for some, particularly when many other grocery staples have also gone up and the heat goes on co-operative Fonterra, the country's main butter maker. Here the co-op explains why butter prices are so high right now.
DairyNZ chair Tracy Brown has waded into the debate around soaring butter prices, pointing out that the demand for dairy overseas dictates the price to farmers and at the supermarket.
Farmers are welcoming new Government proposals to make farm health and safety rules more practical and grounded in real-world farming.
Missing fresh mozzarella cheese made at home in Bari, southern Italy, Massimo Lubisco and his wife Marina decided to bring a taste of home to New Zealand.
An A$2 billion bid for Fonterra's Oceania business would be great news, according to Forsyth Barr senior analyst, equities, Matt Montgomerie.
Irish meat processor Dawn Meats is set to acquire a 70% stake in Alliance Group, according to a report in The Irish Times.
OPINION: Your old mate's ear has been chewed off recently by farmers voicing their displeasure with the National Party, particularly…
OPINION: Your old mate hears that at a recent China Business Summit, PM Christopher Luxon delivered a none-too-subtle "could try…