Damien O’Connor: NZ united on global trade
When it comes to international trade, politicians from all sides of the aisle are united, says Labour's trade spokesman Damien O'Connor.
The New Zealand onion industry has welcomed the recent signing of the free trade agreement (FTA) with the European Union (EU).
It says the agreement will see the elimination of tariffs worth over $6 million annually on NZ onion exports to the EU and has also addressed technical barriers to trade.
"The EU is the number one market for New Zealand onion exports. Tariff savings of 9.6% puts the New Zealand onion industry on a level footing with competitors such as Chile and South Africa," Onions New Zealand chief executive, James Kuperus says.
He thanked the officials in New Zealand and the EU for supporting export industries like onions, which play a key role in regional economies across New Zealand.
Kuperus says onion growers from South Auckland to Canterbury will benefit from this FTA.
"It is now important that the New Zealand Government, post-election, passes the necessary legislation to bring this FTA into effect so producers and exporters can make use of it next season."
Kuperus says the agreement is even more important given the extremely difficult season onion producers have had in the North Island.
In the year to March 2023, the New Zealand onion industry exported $143 million worth of onions to 45 countries and employed 1,050 people.
Federated Farmers says it is cautiously welcoming signals from the Government that a major shake-up of local government is on its way.
Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.
The global agricultural landscape has entered a new phase where geopolitics – not only traditional market forces – will dictate agricultural trade flows, prices, and production decisions.
National Lamb Day is set to return in 2026 with organisers saying the celebrations will be bigger than ever.
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The chance of a $10-plus milk price for this season appears to be depleting.

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