Bulk wine exports surpass packaged wine volumes
Data from February 2025 shows volumes of bulk wine exports exceeded packaged wine.
MPI director-general Ray Smith acknowledges the tough times that sheep and beef farmers are going through in terms of loss of profitability and says he's been to many of the regions hammered by weather events. He describes the situation as heartbreaking.
"But I want them to hang on to is the fact that all the indicators are that we will return to a positive position," he says.
Smith says recovery for the red meat sector will take about two years, but the worst is over and prices are starting to come back. But he believes when they do come back, they will not be at the same high level as they were.
He says there are many positive things going on for the red meat sector. He notes NZ protein is still sought after by the growing middle classes in our markets and believes that because of our farming systems, climate change will have less impact on our farmers than our competitors.
"Our production system is highly efficient it doesn't rely on a whole lot of imported feed or other grown feed, and I think that will give us an advantage over the countries that we compete with," he says.
Recent rain has offered respite for some from the ongoing drought.
New Zealand's TBfree programme has made great progress in reducing the impact of the disease on livestock herds, but there’s still a long way to go, according to Beef+Lamb NZ.
With much of the North Island experiencing drought this summer and climate change projected to bring drier and hotter conditions, securing New Zealand’s freshwater resilience is vital, according to state-owned GNS Science.
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