US helps offset weak Chinese market
Red meat exports topped $932 million during February, with demand from the US helping to offset the weak Chinese market.
The UK-Australia Free Trade Agreement (FTA), agreed to by Australian Prime Minister Scott Morrison this week, represents a useful yardstick for New Zealand negotiations, say leaders in the red meat sector.
Chief executive of the Meat Industry Association Sirma Karapeeva says the deal sets a useful baseline for negotiations between New Zealand and the UK with evenutal tariff free access for sheepmeat and beef and zero tariff rates on in-quota trade in the interim.
"However, the devil is often in the detail in trade agreements and we'll be studying this closely when the agreement eventually comes out," Karapeeva says.
“We will be looking to achieve a better outcome in the NZ-UK FTA and we look forward to a swift conclusion of our own FTA negotiations. Unfortunately, we are still seeing a gap between rhetoric and action.”
Meanwhile Sam McIvor, chief executive of Beef + Lamb NZ, says the agreement is a significant milestone for the UK as it seeks to forge an independent trade policy post-Brexit.
“It’s giving some better signals around the UK’s intentions to be a serious free trader. The UK-Australia deal looks like it is a shift away rom the EU protectionist model and this is welcome.”
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
Meat processor Alliance Group is asking farmer shareholders to inject more capital in order to remain a 100% co-operative.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
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