Minister raises tariffs dispute
Trade Minister Todd McClay has used a meeting of the CPTPP hosted by Canada to take that country to task for defiantly refusing to open up its dairy market to NZ.
The Hound, like most rational people in NZ’s primary and export sectors, was delighted to see the much maligned and denigrated trade agreement of the past few years – the CPTPP, formerly known as the TPP – come into force this month.
Your old mate would like to tip his hat to current trade minister David Parker for finally getting the deal over the line and into action, as well as the former trade ministers in the previous government – Tim Groser and Todd McClay. However, your old mate still finds it hard to believe that the same David Parker who finally signed off the deal was the David Parker (in opposition) who rallied and marched against the very same deal. Thankfully the reality of government and some minor tweaking of the TPP text has led Parker and others now sitting on the Treasury benches on their road to Damascus.
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.
New Zealand’s national lamb crop for the 2025–26 season is estimated at 19.66 million head, a lift of one percent (or 188,000 more lambs) on last season, according to Beef + Lamb New Zealand’s (B+LNZ) latest Lamb Crop report.
Farmers appear to be cautiously welcoming the Government’s plan to reform local government, according to Ag First chief executive, James Allen.
The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.
Fonterra's Eltham site in Taranaki is stepping up its global impact with an upgrade to its processed cheese production lines, boosting capacity to meet growing international demand.

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