Tough trade
OPINION: Known for serious trade negotiations with global politicians, top NZ trade official Vangelis Vitalis also knows how to crack jokes.
Prime Minister John Key has praised the dairy industry for driving innovation and technology at the opening of Waikato Milking Systems new $13 million building in Hamilton today.
Key says the use of innovation and science is helping the industry succeed.
He says the size of the New Zealand dairy industry is often misunderstood overseas.
"When I go out and negotiate free trade deals around the world, people often think that we are bigger than we actually are,' he says.
"We only produce 3% of the world's milk; the issue is we are the biggest exporter because of our small domestic population.
"So, we export bulk of what we produce."
Key says New Zealand's dairy industry does this in "a completely unsubsidised way" and is still successful.
And part of the reason of this success is what companies like WMS do.
Key says WMS is driving innovation and technology and use of science.
"Anyone can milk cows and own big cows; the difficult issue to get level of production and productivity that that we getting."
Key also praised WMS for not only developing milking technology but exporting it around the world.
This is crucial to New Zealand's success, he says.
Reuters reports that giant food company Wilmar Group has announced it had handed over 11.8 trillion rupiah (US$725 million) to Indonesia's Attorney General's Office as a "security deposit" in relation to a case in court about alleged misconduct in obtaining palm oil export permits.
DairyNZ is celebrating 60 years of the Economic Survey, reflecting on the evolution of New Zealand's dairy sector over time.
As electricity prices soar, farmers appear to be looking for alternative energy sources.
There is an appeal to New Zealanders to buy local citrus fruit.
Avocado growers are reporting a successful season, but some are struggling to keep their operations afloat following years of bad weather.
It's time to start talking up science again, especially as a career for young people. That's one of the key messages from the Prime Minister's new chief science advisor, Dr John Roche.
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