Blank Canvas rides white wine wave as New Zealand wine sales soar in China
If you find a new consumer in a developed wine market, you are taking them from someone else, says Blank Canvas co-founder Sophie Parker-Thomson MW.
There are some positive signs coming from China regarding dairy, according to Stefan Vogel, general manager of Rabobank Research for Australasia.
Milk production in China is down, like man other parts of the world, due to rising cost of production, he points out.
Vogel says the Chinese Government's decision to lift domestic dairy production led to a substantial increase over the past five years.
But he says there are signs that this is slowing down, due in part to the higher cost of production which is hitting dairy farmers worldwide.
"We have seen a drop in milk production in other places such as the US, South America and the EU," he told the NZ Institute of Primary Industry Management (NZIPIM).
"That could be good news and help the trade down the road," he says.
"But dairy imports into China in 2025 may still be challenged and won't be back to where we were two or three years ago, so that means challenging prices for a while longer," he says.
Despite the ups and downs of the international dairy market, Vogel believes the future of the NZ dairy industry will remain an important part of the country's farming system.
He says the moves by government to seek new trade agreements and diversification into new markets will be a part of the new order.
He says NZ is in the top category of efficient dairy producers, but not the number one.
He says NZ is tracking well and moving in the right direction to meet sustainability goals and deliver what the consumers want.
He says farmers in NZ, like those in Europe, have been given a bit of breathing space to reach the targets.
"When I went school, if somebody told me I had a little bit more time, I went to the playground rather than study. The message I have for NZ is this is not the time to go to the playground," he says.
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
It took a stint at university to remind Otago dairy farmer Megan Morrison that being stuck in a classroom was not for her.
Farmer lobby group Federated Farmers has announced it is supporting a new Member’s Bill which it says could bring clarity to New Zealand farmers and save millions in legal costs.
DairyNZ has announced the date for its upcoming Milksolids Levy vote.
Federated Farmers says climate protest group Greenpeace is manufacturing outrage and attempting to scare New Zealanders with headlines that have no basis in science.
New Zealand Food Safety (NZFS) says it is supporting importer Goodfood Group in its decision to recall Food Snob and Mon Ami brand French Brie and Camembert cheeses.
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