'Quite a journey'
Former Synlait chief executive Grant Watson says the past two years have been quite the journey.
The main beneficiaries of the EU FTA will be kiwifruit, onions, honey, wine and seafood.
The horticultural sector will have $46 million in tariffs slashed from day one, while honey exporters will benefit from the phased removal of the 17% over three years, and for mānuka honey rights from day one.
NZ's two main exports - dairy and meat - have not gained the access they were hoping for. However, butter gets 36,000 tonnes of quota - phased in over seven years. While small in NZ terms, it equates to around 60% of the EU's total annual butter imports. Cheese will have improved access, growing from just over 6,000 tonnes to 31,000 tonnes over seven years.
Beef access again is small, but perhaps understandable given that the EU is a major beef producer. The quota will progressively go to 10,000 tonnes over seven years with a reduced tariff quota.
NZ sheep meat exporters will have access to an additional duty-free quota to the EU growing to 38,000 tonnes over 6 years. This is on top of existing duty-free WTO quota access to the EU of 125,769 tonnes.
Rural Contractors NZ have launched a campaign today against the risks of fatigue in their industry.
The popular Surfing for Farmers programme, which gives farmers a well-earned break from life on the farm, starts its eighth season from November 5.
Milk vat manufacturer DTS is selling its dairy automation business to MilktechNZ.
Former Synlait chief executive Grant Watson says the past two years have been quite the journey.
Retiring chair Jim van der Poel has used his final AGM to announce the intention to increase the DairyNZ farmer levy for the first time in the industry-good body's 17-year history.
Not too many dairy industry leaders were keen to publicly comment on the sudden passing of former Fonterra chief executive Theo Spierings.
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