Beef upheaval 'won't benefit NZ'
A major upheaval in the global beef market isn't expected to translate into gains for New Zealand exporters.
Prime Minister John Key has postponed his trip to Argentina, but intends to travel to Peru later this week to attend the APEC Economic Leaders' Meeting from November 19-20 if circumstances permit.
Key was scheduled to depart tomorrow for Buenos Aires, Argentina for a series of meetings aimed at strengthening New Zealand’s trade, economic and political ties with the region, before travelling to Lima to attend APEC.
As a result of last night’s earthquake, Key has made the decision to postpone his visit to Argentina.
“The situation is still unfolding and we don’t yet know the full extent of the damage,” Key says.
“I believe it is better that I remain in New Zealand in the coming days to offer my assistance and support until we have a better understanding of the event’s full impact.
“I want to thank Civil Defence and emergency services around the country who responded so rapidly, and also those New Zealanders who supported the large number of people who were evacuated.
“My officials have conveyed our apologies to the Argentine Government and I intend to call President Mauricio Macri in the next few days.”
The decision on whether the trip to APEC will go ahead will be made later this week.
The recent Tractor and Machinery Association (TAMA) conference in Wellington was signalling cautious optimism on the back of rising milk and store cattle prices and drops in interest rates.
The future of Fonterra is assured, so long as farmer owners stay engaged in the governance of the industry and the business they collectively own.
83 students from the Massey University School of Agriculture and Environment were awarded close to $400,000 in scholarships at a recent awards evening.
Zespri, in collaboration with ANL/CMA CGM, has initiated a feasibility study to investigate the potential for a low-emissions shipping corridor from Tauranga to Zeebrugge, Belgium, through the Panama Canal.
Farmer-led charity Meat the Need has expanded its offerings, following a new partnership.
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