It's all about economics
OPINION: According to media reports, the eye-watering price of butter has prompted Finance Minister Nicola Willis to ask for a 'please explain' from her former employer Fonterra.
OPINION: Will synthetic milk derail NZ's economy?
According to media reports, professor of econiomics at Auckland University of Technology, Niven Winchester, believes further development of synthetic milk could seriously disrupt the entire economy.
The scale of disruption though would vary, and there is slow progress at present towards making synthetic milk economic. Even so, dangers lie around the corner, according to Wichester.
"Large-scale production of synthetic dairy products - that decreases the price of New Zealand's largest export commodity - will have a significant negative impact on this economy," Winchester says.
This issue has arisen after years of analysis which argues that putting grass into a cow is wasteful because a lot of the output is diverted into growth of the animal. The claims is, putting a feedstock such as sugar into a test tube could produce milk which has less waste and lower environmental side effects.
A stable but uncertain year lies ahead for New Zealand primary products, says Ministry for Primary Industries (MPI) Director General, Ray Smith.
Additional tariffs introduced by the Chinese Government last month on beef imports should favour New Zealand farmers and exporters.
Primary sector leaders have praised the government and its officials for putting the Indian free trade deal together in just nine months.
Primary sector leaders have welcomed the announcement of a Free Trade Agreement (FTA) between India and New Zealand.
Dairy farmers are still in a good place despite volatile global milk prices.
Legal controls on the movement of fruits and vegetables are now in place in Auckland’s Mt Roskill suburb, says Biosecurity New Zealand Commissioner North Mike Inglis.
President Donald Trump’s decision to impose tariffs on imports into the US is doing good things for global trade, according…
Seen a giant cheese roll rolling along Southland’s roads?