Trade barriers costing hort exporters $135m
Non-tariff trade measures (NTM) remain a problem for NZ exporters, according to Horticulture Export Authority (HEA) chief executive Simon Hegarty.
Vegetable prices fell 8.7% in September, with lettuce prices falling 45%.
Lettuces is now priced an average of $1.81 a head, says Statistics New Zealand. They were down 30% for the year.
“Prices reached an all-time high of $5.42 for a 500g head of lettuce in July 2018 due to poor weather. But since then we’ve had two major price falls, which meant lettuce prices reached an unseasonably low level this September,” consumer prices manager Geraldine Duoba said.
While lettuce averaged $1.81 a head in September 2018, at the same time last year the price was about 80 cents a head higher, at $2.59.
Vegetable prices fell 8.7% in September, influenced by lower prices for lettuce, tomatoes, and cucumbers. However, meat and poultry prices rose 2%, influenced by higher prices for beef and chicken.
Overall, food prices were almost unchanged in September 2018 (down 0.1%), but showed a slight rise after seasonal adjustment (up 0.3%).
In the year ended September 2018, food prices were also relatively unchanged (up 0.1%). This was driven by higher prices for ready-to-eat food (up 3.5%), and milk, cheese and eggs (up 2.2%). Prices decreased for vegetables (down 8.9%) and fruit (down 3.6%), which helped keep overall food inflation low for the year.
“After the poor weather and a reduced harvest in 2017, vegetable prices have returned to more typical levels for this time of year,” Du
Hawke’s Bay’s Silt Recovery Taskforce has received the Collaboration Excellence Award at the Association of Local Government Information Management (ALGIM) Awards.
Construction is underway at Fonterra’s new UHT cream plant at Edendale, Southland following a groundbreaking ceremony recently.
The New Zealand Veterinary Association (NZVA) has launched a new summer checklist for animal owners this year.
The Amuri Basin Future Farming (ABFF) Project in North Canterbury is making considerable strides in improving irrigation efficiency, riparian management, and environmental innovation.
A Farmlands shareholder is questioning the rural trader’s decision to more than double its annual card fee.
OPINION: Before we all let The Green Party have at it with their 'bold' emissions reduction plan, the Hound thought…
OPINION: The Feds' latest banking survey shows that bankers are even less popular with farmers than they used to be,…