Meat Board oversees $2.6b in exports to quota markets
The New Zealand Meat Board (NZMB) oversees $2.6 billion of red meat exports to the quota markets of the European Union, United Kingdom and United States.
The Government has launched a plan aiming to boost primary sector export earnings by $44 billion over the next decade.
The Fit for a Better World plan launched today centres on three themes:
• Productivity: adding an additional $44 billion to export earnings over the next decade through a focus on value, rather than volume.
• Sustainability: improving freshwater and reducing biogenic methane emissions to 10% below 2017 levels by 2010 and 24-47% below by 2050.
• Inclusiveness: employing 10,000 more New Zealanders in the primary sector workforce over the next four years and 10% more New Zealanders in the food and fibre sector by 2030.
“The Fit for a Better World Roadmap spells out practical ways for the sector to fetch more value, create more jobs and bolster our green reputation in a global pandemic environment to ensure New Zealand builds back better, together,” said Prime Minister Jacinda Ardern.
Agriculture Minister Damien O’Connor said the sector’s ability to record 4.5% growth in the past year, with forecast export growth of $48 billion despite COVID-19, highlighted demand for Kiwi products.
However, O’Connor said the industry can’t continue to rely on volume growth to generate greater returns.
“We need to create new billion-dollar, category-leading products services for consumers here and overseas, while respecting Te Taiao – the natural world.
“Our Fit for a Better World Roadmap builds on the work both primary industries and the Government have already started and brings together actions, investment, and resources that will work in concert to accelerate the transformation we need.”
Red meat farmers have dealt a major blow to their umbrella farmer body, Beef + Lamb New Zealand - rejecting an increase in directors’ fees.
The Climate Change Commission wants the new Government to reduce NZ Emissions Trading Scheme (ETS) auction volumes as son as possible.
Southland-based Mataura Valley Milk can now lay claim to be the first all-electric dairy factory in New Zealand.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
Meat co-operative Alliance Group has bagged four gold medals at the Outstanding NZ Food Producer Awards, achieving top honours for every cut entered.
There is increasing evidence that dairy demand is on the upswing, according to Rabobank senior agricultural analyst Emma Higgins.
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