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.
Primary Industries Minister Nathan Guy has met with drought-affected farmers in Cheviot, North Canterbury and says they are still feeling the impacts of drought.
“North Canterbury – and the Cheviot area in particular – has missed most of the recent rainfall, and continues to face severe drought conditions,” says Guy.
“Because of this, an additional $20,000 is being allocated to the North Canterbury Rural Support Trust. This will help them with more intensive activities, including individual visits and community events.
“The major concern from farmers and community leaders I’ve met today is feeding livestock through the coming winter, so it’s important that farmers revise their feed budgets now.”
North Canterbury now has the highest soil moisture deficit in the country and has recorded the lowest rainfall for January to March since 1972.
The entire east coast of the South Island is classified as being in a ‘medium scale adverse event’. Recovery measures and funding will remain in place until later this year, depending on conditions over autumn and winter.
Guy says that this classification has triggered additional Government support, including funding for Rural Support Trusts – organisations that work closely with farmers and rural communities to provide support and guidance.
“With these extreme conditions, it’s important that affected communities know there is additional support still available through their Rural Support Trusts, including Rural Assistance Payments for those facing extreme hardship,” he says.
Inland Revenue can also offer flexibility with tax obligations.
Guy says the Government has a number of initiatives underway to address the need for more water storage and irrigation projects.
“The Ministry for Primary Industries is keeping a close watch on the ongoing impacts of the drought throughout the country and is in close contact with local communities.”
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).
The conversion of productive farmland into trees has pretty much annihilated the wool industry.