Editorial: We are Trumped
OPINION: Nothing it seems can be done in the short term to get Donald Trump to change his mind about removing the unfair 15% tariffs that he’s imposed on New Zealand exports to the US.
The Chinese Government has unveiled a major stimulus package to revive flagging economic growth, so will this help New Zealand food and fibre exports to the lucrative market?
Rabobank dairy analyst Emma Higgins believes it's still early days.
"We will need to see fundamental positive change to income for consumers and also increase confidence within China before we can get excited about this stimulus package having a significant impact on our food and fibre exports," she told Rural News.
"These announcements are a step in the right direction for these fundamentals to change, however, it's early days."
Adopting a suite of measures to reduce borrowing costs, the People's Bank of China cut interest rates on existing mortgages by 0.5 percentage points and supported new lending by reducing the level of reserve banks must set aside before making loans.
Last week's Global Dairy Trade (GDT) auction saw whole milk powder prices rise 3% to US$3559/tonne, its highest average price on the platform for the past 24 months.
NZ dairy analyst Rosalind Crickett says future prices could be linked to the Chinese stimulus package.
"Looking ahead, there are a variety of factors at play to keep an eye on, particularly with the economic stimulus efforts by the Chinese government and the implications it will have on its domestic production and imports."
Academic Dr Mike Joy and his employer, Victoria University of Wellington have apologised for his comments suggesting that dairy industry CEOs should be hanged for contributing towards nitrate poisoning of waterways.
Environment Southland's catchment improvement funding is once again available for innovative landowners in need of a boost to get their project going.
The team meeting at the Culverden Hotel was relaxed and open, despite being in the middle of calving when stress levels are at peak levels, especially in bitterly cold and wet conditions like today.
A comment by outspoken academic Dr Mike Joy suggesting that dairy industry leaders should be hanged for nitrate contamination of drinking/groundwater has enraged farmers.
OPINION: The phasing out of copper network from communications is understandable.
Driven by a lifelong passion for animals, Amy Toughey's journey from juggling three jobs with full-time study to working on cutting-edge dairy research trials shows what happens when hard work meets opportunity - and she's only just getting started.