Export prices set to remain elevated
Horticultural prices are set to remain elevated this year, reflecting the balance between demand in key export markets and an increase in supply.
PRIMARY INDUSTRIES Minister Nathan Guy says he is thrilled with his re-appointment and the huge opportunities in his portfolios over the next three years.
"It was great to get a phone call from the Prime Minister on Sunday, asking me to carry on as Primary Industries and Racing Minister," Guy says.
"We should be proud of our primary industries as the backbone of New Zealand's economy. They generate around 73% of our merchandise exports, and help pay for things like schools, hospitals and roads.
"Since becoming the Minister early last year I've spent a lot of time listening to industry and developing strong relationships right across the sector.
"My focus will remain strongly on doubling the value of our exports to $64 billion by 2025. I want to push ahead with water storage and irrigation projects, deliver real value from Primary Growth Partnership (PGP) projects, lift the output of Māori agribusiness, and attract more skilled people to the primary sector.
"I will keep working closely with Trade Minister Tim Groser on trade agreements and market access, particularly with Korea and the TPP.
"Biosecurity will remain my number one priority. We need to keep beefing up our protection at the border and working smarter and more efficiently to protect our producers.
"Racing contributes more than $1.6 billion to the economy and supports around 17,000 fulltime equivalent jobs.
"As Racing Minister I will be addressing the issue of gambling leakage. The industry is missing out on much-needed revenue as more people gamble on unregulated and unauthorised offshore websites. We'll be working with industry on workable solutions to this challenge.
"I'm looking forward to carrying on working with my colleague Jo Goodhew, who is now the Minister for Food Safety as well as Associate Minister for Primary Industries."
After 20 years of milking cows, Northland farmer Greg Collins is ready to step into the governance side of dairy.
For some Canterbury teenagers, their career is being shaped by hands-on experience in a sector they are passionate about - dairy farming.
Dairy farmers will be paying a new levy rate of 4.5c/kgMS - an extra 0.9c/kgMS - to industry-good body DairyNZ from June 1 this year.
The 'atmospheric river' of rain that swept down the country last week almost completely avoided one of the worst drought-affected regions in the country – coastal Taranaki.
Much-needed rain finally arrived in Northland, giving many farmers breathing space to get themselves back on track for next season.
Despite the turmoil in global markets, Fonterra is continuing with a dual track process to divest its multi-billion dollars consumer businesses.
OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.
OPINION: The proposed RMA reforms took a while to drop but were well signaled after the election.