Grass-fed red meat campaign targets wealthy Chinese consumers
An eight million dollar, three year campaign to get wealthy Chinese to buy New Zealand beef and lamb is now underway.
Agriculture Minister Todd McClay says the hard-working men and women of rural New Zealand are playing their part to help rebuild the economy.
McClay says that interest rates and on-farm inflation have turned a corner, meaning farmers can continue to innovate and boost productivity while working to meet environmental obligations.
“With 80% of all the goods coming from the primary sector and more than 350,000 Kiwis employed because of rural activity, farming, forestry, and horticulture remains a mainstay of the NZ economic activity,” McClay says.
He says the Government’s target of doubling exports by value over ten years provides an opportunity to work with the primary sector to add value and deliver greater returns at the farm gate.
“The Government has huge respect for our farmers,” he says. “We will continue to partner with them to drive down costs, simplify regulations and build trust as we get Wellington out of farming.”
“This Government trusts farmers and will continue to back them to deliver for NZ, rural communities can be assured that we have the best and most connected team of Ministers from all over New Zealand working hard on delivering for them,” McClay says.
ANZ says the latest cut to its floating rates will be welcome news to many of its business and agri customers still feeling the effects of high inflation and interest rates.
Fonterra has introduced a new UHT bakery cream for its booming foodservice business in China.
Auckland manufacturer and distributor of colostrum-based supplements, New Image International, celebrated its 40th anniversary this month.
LIC farmers are set to benefit from a genetics collaboration with US company, Sexing Technologies (ST).
"It was awesome to see not only where our milk goes but to find out more about the range of ways it's used."
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