What Would Synlait Be Worth to Fonterra or a2 Milk?
Speculation of a possible joint move by Fonterra and a2 Milk to buy Synlait raises a much bigger strategic question, says agribusiness expert Dr Nic Lees.
Agricultural exports could be hurt by the Government's decision to focus tourism visitor numbers on higher spending visitors.
The Government's proposal to reduce future international tourism visitor numbers post-Covid to concentrate on higher spending visitors may solve one problem but create others.
Research by Lincoln University has highlighted that most of our agricultural products delivered fresh to market are transported on passenger planes, and tourists contribute to the cost.
It says the drop in tourism numbers could push up transport costs to the point where some businesses do not export at all and are put out of business.
Before Covid-19 hit, there were 550 international flights into and out of New Zealand each week, which carried 80% of New Zealand’s overall export airfreight in their belly-holds, and that it was worth $10.8 billion in December 2019. Only 20% of New Zealand’s airfreight was carried by dedicated air cargo-only freighters.
Before Covid-19, air freight was less than 1% of New Zealand’s total trade by volume, but about 16% in terms of dollar value.
The report says the decision may show a lack of understanding of the inter-relatedness of industries.
The Government is introducing a new nationwide rural recycling scheme that will significantly increase the recovery of farm plastics from March next year, Minister for the Environment Nicola Grigg announced today.
B+LNZ's Wormwise veterinarian Mary Bowron has won the Best Sheep and Beef Vet of the Year Award in recognition of her outstanding contribution to New Zealand’s sheep and beef sector.
Researchers at Massey University are using a special piece of scientific equipment to improve the measurement of greenhouse gas emissions from pasture soils.
More signs of a booming kiwifruit sector.
OPINION: David Seymour and James Meager's plan to make it easier for farmers and orchardists to operate drones can best be described a 'courageous' move.
New Zealand wool is reaching new heights as air filtration companies move away from synthetic products to biodegradable alternatives.