$20m facial eczema research funding announced
Government and the red meat sector are teaming up to help eradicate the significant impact of facial eczema (FE) on farmed animals.
Beef + Lamb New Zealand (B+LNZ) and the Meat Industry Association (MIA) are throwing their support behind TPP.
"We're confident that New Zealand's negotiators have secured the best possible deal for Kiwi sheep and beef farmers," says B+LNZ chairman James Parsons.
"The TPP will have a significant impact on the competitiveness of our exports in TPP markets."
The sheep and beef sector paid $94 million in tariffs for $2.4 billion exports to TPP countries in 2014. Nearly a third of the sector's exports are to TPP countries.
New Zealand doesn't currently have FTAs with Japan, the US, Canada, Mexico or Peru, says MIA chairman Bill Falconer.
"This deal is particularly important for us in relation to those markets, some of which currently charge very high tariffs on our exports but are highly valuable to the sector,"
"The TPP will also open the door to addressing some complex and costly non-tariff barriers." says Falconer.
New Zealand's FTAs saved $161 million in tariffs on the sheep and beef sector's global exports last year, and the conclusion of the TPP means that number will continue to grow.
The full details of the TPP, including the specific tariff cuts taking place in various markets, are expected to be released by the government soon.
Rural trader PGG Wrightson has revised its operating earnings guidance, saying trading conditions have deteriorated since the last market update in February.
It's been a bumper season for maize and other supplements in the eastern Bay of Plenty.
Leading farmers from around New Zealand connected to share environmental stories and inspiration and build relationships at the Dairy Environment Leaders (DEL) national forum in Wellington last month.
AgriZeroNZ, a joint venture fast-tracking emissions reduction tools for farmers, is pouring $5 million in a biotech company to develop a low emissions farm pasture with increased productivity gains.
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Te Awamutu dairy farmers Doug, Penny, Josh and Bayley Storey have planted more than 25,000 native trees on the family farm, adding to a generations-old native forest.