Editorial: A week of good deals, great news
OPINION: There was an extra spring in the step of farmers at the Fieldays last week.
OPINION: Is the gloss coming off China’s status as the number one export market for New Zealand primary exports?
Last week, the US overtook China as New Zealand’s largest red meat market for April. It was a significant development because China has consistently been New Zealand’s largest meat market since July 2018, except for February 2020 when there was a significant drop at the start of the Covid pandemic.
It’s not only in red meat that China is our biggest market. China is the number one market for our dairy, accounting for nearly one-third of our dairy exports. When it comes to NZ log exports, China accounts for 89% of our total exports.
Speaking at the recent China Business Summit in Auckland, both Prime Minister Chris Luxon and Trade Minister Todd McClay spoke about the ‘China and….’ approach.
China remains a critical element in the Government’s strategy to double export value. With tariff free access for all New Zealand goods into China, and a burgeoning services trade, the economic relationship between the two countries continues to flourish. After all, we were the first country to sign a free trade agreement with China.
But as McClay points out, while NZ remains fundamentally committed to developing trade and economic relations with China, it is also vital that the country works to spread exposure across many markets, pursuing diversification and working hard to open as many doors as possible worldwide.
China’s economic slowdown has caused pain for some NZ exporters. Since Covid, China’s economy has failed to fire on all cylinders, although its economy grew a respectable 5.2% last year.
This underlines the importance of having a diversified export strategy. Such an approach is paying dividends for the red meat sector.
The Government knows that while China will remain a significant market, it must also be committed to a dynamic and energetic approach to the rest of the world and it’s rightly looking to the Middle East and India as potential trading partners.
Fruit and vegetable growers have overwhelmingly voted to continue paying their Horticulture New Zealand levy.
Farmers are hoping for a respite from complex national health and safety laws, under review by the Coalition Government.
When Cyclone Gabrielle hit in February 2023, it left an estimated $13.5 billion worth of damage across New Zealand.
The Ministry for Primary Industries (MPI) is investigating a Southland farm over poor grazing practices after some dairy cows were found stuck in mud.
Having taken over from the previous distributor, who represented the brand for two decades, Landini New Zealand marks the beginning of a new distribution deal with Norwood, with a first look at Fieldays.
Strong demand for milkfats - anhydrous milkfat (AMF) and butter - is helping boost the farmgate milk price, according to ANZ agriculture economist Susan Kilsby.
OPINION: After six years of being passed over for every Arts luvvie in the Queen’s Birthday Honours, agriculture has finally…
OPINION: Reactions to Budgets are always predictable, following well-worn tracks laid down by political tribalism and ideology.