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OPINION: This old mutt reckons the latest red meat export numbers bring to mind the old maxim, "When China sneezes, the world catches a cold".
Certainly, it's lower demand from China that's holding back a recovery to full health in meat industry returns, whoch had been decidedly sick until recently.
MIA data shows positive growth overall in June, driven by the US, up 14% to $303m, Japan up 53% to $61m, the UK up 66% to $61m and Canada, up 94% to $51m.
China, still the second largest market after the US, was down 38% to $176m - dragging the June average back to a 2% increase overall.
Same deal with second quarter red meat exports, down 1% to $2.9b despite all major markets boosting volumes, except China, which was down a whopping 40%.
A hundred primary schools across New Zealand are now better resourced to teach their students about food and farming after winning ‘George the Farmer’ book sets in a recent competition run by rural lender, Rabobank.
83 students from the Massey University School of Agriculture and Environment were awarded close to $400,000 in scholarships at a recent awards evening.
Zespri, in collaboration with ANL/CMA CGM, has initiated a feasibility study to investigate the potential for a low-emissions shipping corridor from Tauranga to Zeebrugge, Belgium, through the Panama Canal.
Farmer-led charity Meat the Need has expanded its offerings, following a new partnership.
A review into the Wairoa flooding event on 26 June 2024 has found the flood was caused by a combination of factors leading to the river backing up and overflowing.
A hundred primary schools across New Zealand are now better resourced to teach their students about food and farming after winning ‘George the Farmer’ book sets in a recent competition run by rural lender, Rabobank.
Kiwifruit growers are celebrating a trifecta of industry milestones next month.
TB differential slaughter levy rates are changing with dairy animals paying $12.25/head, an increase of 75c from next month.
Taranaki's Zero Possum project has entered a new phase, featuring a high-tech farmland barrier and a few squirts of mayo.
The recent Tractor and Machinery Association (TAMA) conference in Wellington was signalling cautious optimism on the back of rising milk and store cattle prices and drops in interest rates.
OPINION: Common sense has prevailed.
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