Why?
OPINION: A mate of yours truly wants to know why the beef schedule differential is now more than 45-50 cents a kilo between North and South Island producers – if you look at February 2024 steer prices.
The monthly value of goods exports in October 2021 rose $552 million (12%) from October 2020, to $5.3 billion, according to Statistics NZ.
The leading export commodity group movement was milk powder, butter, and cheese up $223 million (18%) to $1.5 billion.
Milk powder rose $134 million (19%) due to an 18% rise in price per kilogram.
Meat exports were up $116 million (25%), to $584 million.
The increase in exports to China accounted for 43% of this rise.
Total sheep meat exports rose $62 million (25%), and the price per kilogram increased 26%.
“Total goods exports in October 2021 were up on the same month of 2020, led by dairy products, beef, and sheep meat,” says international trade manager Alasdair Allen.
“The rises in primary commodities were all led by higher export prices.”
Food preparations (a commodity group that includes infant formula) also decreases, down $66 million.
Annual exports of food preparations in the year ended October 2021 have fallen $308 million (13%) from the year ended October 2020, to $2.1 billion.
Federated Farmers claims that the Otago Regional Council is charging ahead unnecessarily with piling more regulation on rural communities.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
OPINION: We have good friends from way back who had lived in one of our major cities for many years.
Listed Canterbury milk processor Synlait’s shares have been placed in a trading halt.
OPINION: Even before the National-led coalition came into power, India was very much at the fore of its trade agenda.
A step-by-step guide helping farmers through the process of creating a Freshwater Farm Plan (FWFP) has been launched by FarmIQ.
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