KiwiBrothersTM make their China debut
Zespri has unveiled the award-winning KiwiBrothersTM mascots in China for the first time to market its large kiwifruit crop.
It’s still unclear just how much the outbreak of coronavirus in China will affect New Zealand exports to that country.
China is NZ’s single largest market for our total primary exports and the number one for dairy, meat and wool, seafood and forestry. It is also high on the list for horticulture.
While there is no formal ban on our exports to China, the fact that the country is in lockdown is creating problems with distributing goods with many workers staying at home or facing restricted movement to do their work.
NZ Trade and Enterprise (NZTE) has set up a special section on its website, which is regularly updated.
It anticipates ongoing disruption to business for at least a fortnight, as Chinese local government agencies encourage staff to stay at home.
Meanwhile, market analysts AgriHQ say farmers are being stuck with stock because factors beyond their control are conspiring against them. It says record high farmgate prices in November and early December prompted many farmers to hold stock for longer than usual.
“Unfortunately, coronavirus came to a head when the market was expected to start picking up and consumption has collapsed.”
Rural trader PGG Wrightson has revised its operating earnings guidance, saying trading conditions have deteriorated since the last market update in February.
It's been a bumper season for maize and other supplements in the eastern Bay of Plenty.
Leading farmers from around New Zealand connected to share environmental stories and inspiration and build relationships at the Dairy Environment Leaders (DEL) national forum in Wellington last month.
AgriZeroNZ, a joint venture fast-tracking emissions reduction tools for farmers, is pouring $5 million in a biotech company to develop a low emissions farm pasture with increased productivity gains.
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Te Awamutu dairy farmers Doug, Penny, Josh and Bayley Storey have planted more than 25,000 native trees on the family farm, adding to a generations-old native forest.