Make it 1000%!
OPINION: The appendage swinging contest between the US and China continues, with China hitting back with a new rate of 125% on the US, up from the 84% announced earlier.
Federated Farmers is hopeful an administrative issue affecting New Zealand meat exports to China will soon be resolved.
"On top of the drought and the meat schedules this is causing concern amongst sheep and beef farmers," says Bruce Wills, Federated Farmers president and its trade spokesperson.
"It is reassuring to see Minister Nathan Guy confirm that its speedy resolution is the Ministry for Primary Industries number one priority.
"Sheep and beef farmers will be affected one way or another as suppliers or shareholders. A number of the exporters involved in the delay are cooperatives. This means any financial impact ultimately falls back upon the farmers who cooperatively own them.
"What I can say is that New Zealand's farmers truly value the Chinese market for our lamb.
"We want to build a much closer relationship with Chinese consumers and our Chinese farming counterparts too. It is about establishing a true-two way relationship and we hope these messages can be conveyed to the right authorities.
"I know our farmers will want a speedy resolution to any confusion around export certificates. Farmers genuinely appreciate the hard work being put in by our embassy staff in China and that of the Chinese Government.
"We must now urgently resolve this matter to the satisfaction of the Chinese authorities. Comment must be responsible and informed by fact because speculation could do New Zealand damage in a vital market," Wills says.
While opening the first electrode boiler at its Edendale site, Fonterra has announced a $70 million investment in two further new electrode boilers.
Fonterra says its ongoing legal battle with Australian processor Bega Cheese won’t change its divestment plans.
With an amendment to the Medicines Act proposing human medicines could be approved in 30 days if the product has approval from two recognised overseas jurisdictions, there’s a call for a similar approach where possible to be applied to some animal medicines.
The Government wants to make sure that rural communities get a level of service that people who live in cities often complacently expect.
As the New Zealand Government launches negotiations on a Free Trade Agreement with India, one Canterbury-based vegetable seed breeder is already benefiting from exporting to the world's fifth-largest economy.
Onenui Station on Mahia Peninsula in northern Hawke's Bay is a world first in more ways than one.