MPI’s Diana Reaich: Building global trade relationships
Relationships are key to opening new trading opportunities and dealing with some of the rules that countries impose that impede the free flow of trade.
Latest forecasts suggest New Zealand’s arable farmers have to date been less affected than other primary industry sectors by COVID-19 and the drought.
"It’s clear there are still locally-grown quality stock feed solutions available to farmers in regions hit by drought," Federated Farmers Arable chairperson Karen Williams says.
MPI’s just-released Situation Outlook Primary Industries (SOPI) report forecasts that arable production and export for the year ended June 2020 should see revenue increase by 10% to $260 million.
As well as a strong harvest, increased export volumes of clover seed to Europe and the UK, and vegetable seeds to Europe, Australia and the USA, are driving the lift in value.
"The overall harvest and quality of grain has been positive across New Zealand, despite hail that swept through Canterbury in November, and extensive flooding in Southland in early February," Williams said.
"Farmers had a good run at harvest with warm and dry weather in January and February but the variable weather of March has the potential to hold up harvest of later sown crops."
The next Arable Industry Marketing Initiative survey is due to be undertaken at the beginning of April, with results available at the start of May. These results will provide a more detailed illustration of harvest 2020 yields, sales and autumn planting intentions and will provide vital information on what is available domestically.
Straw, hay and grain is available to be transported where it is needed.
"Feds encourages farmers to work collectively within their own region to source bulk feed options. This approach could enable them to broker better transport deals."
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.