A new report launched tonight confirms the dairy industry makes a major contribution to New Zealand’s economy, says Primary Industries Minister Nathan Guy.
“According to the report dairy contributes $7.8 billion to New Zealand’s GDP, and is our largest good exporter. This is a timely reminder of just how important the dairy industry is,” says Mr Guy.
The report ‘Dairy trade’s economic contribution to New Zealand’ was commissioned from NZIER by the Dairy Companies Association of New Zealand (DCANZ) and released today.
“While the dairy sector has had a tough few seasons, in the year to March 2016 they still earned over $13 billion in exports for New Zealand.
“According to the report the dairy sector employs over 40,000 workers and employment in this sector has grown more than twice as fast as total employment, at an average of 3.7% per year since 2000. . . .
The full report is here.
Trade barriers cost New Zealand billions of dollars annually, according to an NZIER report for the Dairy Companies Association of New Zealand (DCANZ).
The report, titled Dairy trade’s economic contribution to New Zealand, highlights the strong contribution the dairy sector has continued to make to New Zealand’s national and regional economic development, even while it has been at the bottom of a price cycle, and despite global dairy markets remaining highly distorted.
“Trade barriers are a significant cost to New Zealand. Tariffs alone are suppressing the value of our dairy products by around 1.3 billion dollars annually,” says DCANZ Chairman Malcolm Bailey. . .
Red meat story about more than brand image – Allan Barber:
There has been a great deal of progress towards the development of the New Zealand Red Meat Story, but most of it has been happening under the radar. That is all about to change. B+LNZ is holding a workshop on 1st and 2nd March at which a wide group of industry participants – farmers, government, processors and exporters – will gather to start formulating the detail of the story, assisted by a strong line-up of guest speakers with international experience in brand development.
Over the last 18 months B+LNZ has focused on implementing its market development action plan arising from extensive consultation with levy payers. The most obvious change was to close marketing offices in mature markets like the UK, Japan and Korea where exporters already have much deeper relationships with customers and feedback from farmers and exporters suggested funds could be better spent in other ways and in developing markets with greater potential. . .
Leading agribusiness banking specialist Rabobank has appointed Blake Holgate to head up its research and analysis of New Zealand’s animal proteins sector.
Based in Dunedin, Mr Holgate joins the RaboResearch Food & Agribusiness division, a team of 90 analysts from around the globe focused on undertaking research into the food and agribusiness sector, including comprehensive reports on sector and commodity outlooks, latest market trends and future industry developments. . .
· First time in competition history that women have won both first and second place
· Top young talent have opportunity to demonstrate their horticulture skills
· Erin now to represent Bay of Plenty Young Growers in national competition
Erin Atkinson, 29, Technical Advisor for Apata Group Limited in Te Puke has been crowned Bay of Plenty’s Young Fruit Grower for 2017 at last night’s special gala dinner in Tauranga.
The day-long competition last Saturday, the 11th of February at Te Puke Showgrounds, followed by the gala dinner, saw six competitors battle it out in a series of practical and theoretical challenges designed to test the skills needed to run a successful export-focused business. . .
New Zealand Wool Services International Ltd’s Marketing Executive Malcolm Ching, reports that of the original 15500 bales intended for sale from both centres, 2500 bales were withdrawn by growers prior to the auction with the balance of 13000 bales seeing 76.7 percent sold and most types firm to dearer.
The weighted indicator for the main trading currencies was unchanged with the market reflecting more demand as client buying activity increases.
Mr Ching advises that some growers are holding back wool or refusing to accept below production cost returns, making volumes on offer further reduced, restricting supply in some categories.
Fine crossbred fleece and shears were firm to 5 percent dearer. . .
Farming future on the agenda – Cally Dupe:
One of Australia’s biggest banks is hitting the road to host a one day seminar at Moora.
Farmers from across the Wheatbelt and further afield will converge at the town’s art centre on February 23 to discuss the future of farming in WA.
Coordinated by Bankwest, 2040 Farming – The Next Generation, includes guest speakers from Bankwest, AgAsset, Farmanco Management Consultants, Moora Citrus, Sandgroper Seed Potato and more.
The free event is targeted at younger farmers aged 20 to 40 but anyone is welcome. . .
More on that here.