NZ red meat sector hits out at US tariff hike
New Zealand's red meat sector says the United States' decision to increase tariffs on New Zealand exports is disappointing.
NZ is an emerging leader in the provision of ag technology — providing for countries that increasingly need to feed growing populations, Primary Industry Minister Nathan Guy told a conference in Beijing yesterday.
"We recognise that increased trade is not just about more products being exported, it's about an exchange of knowledge, expertise, technology and services, and investment," he told the Development Research Centre Food Security and Food Safety Strategy Summit.
He said New Zealand and China's primary sectors were becoming increasingly interconnected through two-way investment and lengthening supply chains.
"Building our own capacity in isolation is not enough – we need to work with our partners to ensure a stable supply of food for our region," he said.
"Strengthening cooperation is a major focus of New Zealand's and China's 'Comprehensive Strategic Partnership'. We are focussed on consolidating and expanding cooperation in agriculture, including strengthening cooperation in trade, supporting the capability-building of China's dairy sector, and implementing the new Food Supervisory and Traceability Cooperation Programme.
"This has been evidenced by the significant number of cooperation programmes that we have targeted to China's agricultural goals in areas where New Zealand has world class expertise.
"In particular, we have focused our efforts on technical cooperation in dairy, as China seeks to consolidate the recent gains it has made in the productivity and commercialisation of its dairy sector."
Open Country Dairy has finalised a deal to acquire 100% of Miraka.
Fonterra has unveiled the first refrigerated electric truck to deliver dairy products across Auckland.
Research and healthcare initiatives, leadership and dedication to the sector have been recognised in the 2025 Horticulture Industry Awards.
Virtual fencing and pasture management company Halter says its NZ operations has delivered a profit of $2.8 million after exclusion of notional items.
Manuka honey trader Comvita slumped to a $104 million net loss last financial year, reflecting prolonged market disruption, oversupply and pricing volatility.
The Government has struck a deal with New Zealand's poultry industry, agreeing how they will jointly prepare for and respond to exotic poultry diseases, including any possible outbreak of high pathogenicity avian influenza (HPAI).
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