A golden season for kiwifruit exports
According to new figures from Stats NZ, kiwifruit exports were valued at $3.1 billion in the year ended August 2024.
Food prices rose 0.3% in August 2021 compared with the previous month, mainly influenced by higher prices for meat, poultry, and fish, Statistics New Zealand (Stats NZ) have announced.
The rises in food prices for August, while modest, mark a fifth consecutive monthly rise.
Meat, poultry and fish prices were up 1.3% in August.
This was mainly influenced by higher prices for roasting pork (up 11%), sausages (up 3.5%), lamb chops (up 5.4%) and porterhouse and sirloin steak (up 2.3%).
This was partially offset by lower prices for chicken, which were down 3.3%.
“Covid-19 restrictions had a minimal effect on price collection in August,” says Stats NZ consumer prices manager Katrina Dewbery.
Fruit and vegetable prices also increased in August, up 0.4%. This was largely due to higher prices for tomatoes (up 16%) and grapes (up 32%).
However, after adjusting for seasonal effects, fruit and vegetable prices fell by 0.2%.
“The weighted average price of both tomatoes and grapes rose sharply to $15.79 and $11.52 per kilogram, respectively,” Dewbery says.
“The prices of tomatoes previously peaked at $13.65 in August 2020, while grape prices peaked at $10.61 in November 2020,” Dewbery says.
These rises were partly offset by falling prices for broccoli (down 26%), strawberries (down 19%), capsicums (down 12%), and avocados (down 21%).
There are calls for the Reserve Bank to drop its banking capital rules, which Federated Farmers says is costing farmers a fortune.
Beef + Lamb New Zealand (B+LNZ) is calling on livestock farmers to take part in a survey measuring the financial impact of facial eczema (FE).
Soon farmers and working dog breeders will be able to have a dog that best suits their needs thanks to a team of researchers at Massey University.
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