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OPINION: Some commentators across the ditch reckon the second Trump administration's anticipated trade protectionism, coupled with China's economic fragility, poses a significant risk for Australia's agricultural export industries.
They fear Trump's rigid stance on tariffs could destabilise global trade flows and intensify China's economic slowdown, "creating cascading impacts on Australian beef, wool, cotton, barley, and dairy sectors".
The Hound takes what any Aussie says with a grain of salt, but if this holds water, NZ will also be affected.
Like us, Australia's overreliance on China leaves it vulnerable to macroeconomic shocks.
To mitigate risks, Australian & NZ producers would benefit by doubling down on diversifying trade partnerships through FTAs, particularly in India, Indonesia, the UK, and Southeast Asia.
The New Zealand-India Free Trade Agreement concluded in December is "a significant step toward unlocking one of the world's largest and fastest growing consumer markets", says New Zealand Winegrowers Chief Executive Philip Gregan.
Trade is important to our industry, whether it’s because 90% of our wine sales are in international markets, because of the international tourists who spend money at our cellar doors, or because of the equipment we source from overseas to operate our wineries and vineyards.
Leading trade analyst Stephen Jacobi has rubbished claims that New Zealand could have got a better free trade deal with India if it had prolonged the negotiations.
Additional tariffs introduced by the Chinese Government last month on beef imports should favour New Zealand farmers and exporters.
When it comes to international trade, politicians from all sides of the aisle are united, says Labour's trade spokesman Damien O'Connor.
Fonterra’s impending exit from the Australian dairy industry is a major event but the story doesn’t change too much for farmers.
Expect greater collaboration between Massey University’s school of Agriculture and Environment and Ireland’s leading agriculture university, the University College of Dublin (UCD), in the future.
A partnership between Torere Macadamias Ltd and the Riddet Institute aims to unlock value from macadamia nuts while growing the next generation of Māori agribusiness researchers.
A new partnership between Dairy Women’s Network (DWN) and NZAgbiz aims to make evidence-based calf rearing practices accessible to all farm teams.
Despite some trying circumstances recently, the cherry season looks set to emerge on top of things.
Changed logos on shirts otherwise it will be business as usual when Fonterra’s consumer and related businesses are expected to change hands next month.
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OPINION: ECan data was released a few days ago showing Canterbury farmers have made “giant strides on environmental performance”.
