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Honey is one of the big winners in the EU FTA.
The main beneficiaries of the EU FTA will be kiwifruit, onions, honey, wine and seafood.
The horticultural sector will have $46 million in tariffs slashed from day one, while honey exporters will benefit from the phased removal of the 17% over three years, and for mānuka honey rights from day one.
NZ's two main exports - dairy and meat - have not gained the access they were hoping for. However, butter gets 36,000 tonnes of quota - phased in over seven years. While small in NZ terms, it equates to around 60% of the EU's total annual butter imports. Cheese will have improved access, growing from just over 6,000 tonnes to 31,000 tonnes over seven years.
Beef access again is small, but perhaps understandable given that the EU is a major beef producer. The quota will progressively go to 10,000 tonnes over seven years with a reduced tariff quota.
NZ sheep meat exporters will have access to an additional duty-free quota to the EU growing to 38,000 tonnes over 6 years. This is on top of existing duty-free WTO quota access to the EU of 125,769 tonnes.
Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.
When American retail giant Cosco came to audit Open Country Dairy’s new butter plant at the Waharoa site and give the green light to supply their American stores, they allowed themselves a week for the exercise.
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.
Virtual fencing and herding systems supplier, Halter is welcoming a decision by the Victorian Government to allow farmers in the state to use the technology.
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
Donald Trump's latest tariff tantrum has again thrown the world of trade into a new round of turmoil and uncertainty, and NZ is caught up in it.
The third edition of the NZ Dairy Expo, held in mid-February in Matamata, has shown that the KISS principle (keep it simple stupid) was getting a positive response from exhibitors and visitors alike.
Twenty years ago, South African dairy farm manager Louis Vandenberg was sent to a farm in Waikato to provide training on Afimilk technology.
Strong farmgate milk price is helping boost investment on farms, says PGG Wrightson chief executive Stephen Guerin.
Fonterra's 460 milk suppliers in Australia, who will switch to Lactalis end of this month, are unfazed with the impending change.
The 5+ A Day Charitable Trust has launched a collection of affordable recipes designed to turn everyday vegetables into seasonal stars.
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