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.
A big shakeup in the honey sector is about to take place with the news that the industry good body, ApiNZ, and the export focused Unique Manuka Factor Honey Association are looking to merge to form a new industry body.
The chair of ApiNZ, Nathan Guy told Rural News that his organisation is no longer financially sustainable because its funding model is based on a voluntary membership. He says as honey returns have dropped so has the membership income that’s meant that the board of ApiNZ have made to make some hard decisions.
“These include reducing staff, relinquishing the office in Wellington and sharing desk with other organisation around the city while still maintaining a real focus on its strategy. A key pillar of this is about creating a united industry which is why we believe it is important to merge with UMFHA and create a new organisation,” he says
Guy says the new organisation will still have a voice for beekeepers on such things as bee health and advocacy to government but by joining up with UMFHA will have a strong export focus. He says the merger makes common sense and the leadership in both organisations can see the value in it – especially have a financially viable entity that will be able to deliver on the industry strategy which is to double the value of honey exports by 2030.
The industry has had a rollercoaster ride over many years with fluctuating prices and some honey simply unsold.
Members of both organisations are now being consulted on the proposal and the intention is to have the new entity in place by April 2025. In the meantime a whole range of issues relating to the proposed merger including membership and governance structure.
New Zealand avocado growers have received a major boost by securing a collective FernMark Licence for their exports.
Beef + Lamb NZ's countrywide director roadshow arrived in Feilding last week, bringing with it ongoing positivity in the sector, an overview of the work B+LNZ does on behalf of levypayers and a proposed change on how the levy would be collected in the future.
A stronger than expected outlook for dairy has prompted one bank to lift its 2025-26 season forecast milk price by 75c to $10.25/kgMS.
Chinese dairy giant Yili Group says its New Zealand operations are on track for strong revenue growth in 2025 after recording significant year-on-year growth for the first half of the year.
Trade Minister Todd McClay says the US tariff decision appears to be based on a calculation of trade deficits, with countries running a surplus with the US moved to the higher rate.
Alliance Group has announced plans to sell a 65% stake in the farmer-owned co-operative to Irish meat processor Dawn Meats Group for $250 million.