NZ red meat sector hits out at US tariff hike
New Zealand's red meat sector says the United States' decision to increase tariffs on New Zealand exports is disappointing.
The Primary Sector CEO Bootcamp conference last week was a major success, says Primary Industries Minister Nathan Guy.
The boot camp over two days last week brought together 35 agribusiness leaders and five Government agency chief executives into one room, representing 80% of all primary sector exports, says Guy.
"The boot camp initiative started in 2012 and has involved chief executives working together to grow our export earnings and take advantage of major opportunities around the world.
"There is renewed determination to double our primary sector exports to $64 billion by 2025 and establish New Zealand as a premium producer of food and fibre. This is an ambitious but very achievable goal, with the right policies and leadership from both Government and industry.
"It is great to have so many top industry leaders in one room, prepared to collaborate and share expertise for sustainable growth."
Prime Minister John Key along with ministers Steven Joyce and Guy spoke to the boot camp, which has also featured update presentations from CEOs and collaborative action planning.
"Recent challenges have reinforced just how important the primary industries are to New Zealand. They remain the powerhouse of our economy, making up around 72% of all our exports and generating around $32 billion a year."
The inaugural boot camp began at Stanford University in 2012, and the success of this has led to an ongoing programme of collaborative actions.
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.
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