Trump's tariffs
President Donald Trump’s decision to impose tariffs on imports into the US is doing good things for global trade, according to Agriculture and Trade Minister Todd McClay.
The meat industry has a job to sell the value proposition of lamb, says Agriculture Minister Todd McClay.
Speaking to Rural News on the occasion of National Lamb Day, McClay says he doesn't necessarily believe that New Zealanders have gone off eating lamb, but says they need to be made more aware of how good NZ lamb is and that it's not hard to cook.
McClay says lamb is a high-quality product full of iron and there are plenty of places that people can go to find recipes to cook lamb - including YouTube. He says NZ has a great story to tell the world just how good our grass feed lamb is.
"Many years ago, when I lived in Brussels working for the European parliament, I'd buy a shoulder of NZ lamb and we'd invite friends over and have this for dinner. Afterwards they would rave about the flavour and they would want to know where it came from, because it was more flavoursome than the lamb they were used to - which was European," he says.
McClay says the reason is that NZ lamb is grass-fed, unlike European lamb.
The celebration of NZ lamb comes at time when the industry is having a rough time with low returns and high input costs. He notes the oversupply of Australian lamb on the market, along with a sluggish Chinese economy and other geopolitical issues are causing grief to farmers.
McClay says while the Government can do little about the problems in market, it is determined to tackle lowering the costs imposed on farmers by the previous government.
He says his focus will also be on opening new markets, getting more FTAs and, to do that, he says, plans will be revealed soon about more trade missions which will involve farmers as well as companies and officials.
Virtual fencing and herding systems supplier, Halter is welcoming a decision by the Victorian Government to allow farmers in the state to use the technology.
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
New Zealand’s national lamb crop for the 2025–26 season is estimated at 19.66 million head, a lift of one percent (or 188,000 more lambs) on last season, according to Beef + Lamb New Zealand’s (B+LNZ) latest Lamb Crop report.
Farmers appear to be cautiously welcoming the Government’s plan to reform local government, according to Ag First chief executive, James Allen.
The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.
Fonterra's Eltham site in Taranaki is stepping up its global impact with an upgrade to its processed cheese production lines, boosting capacity to meet growing international demand.

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