Announcements

Job offersmore »

Tweeting Growers

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Exchange ratesmore »




HortNZ sees risks for primary sector exports

"Many commentators are predicting a tough year for our primary sector exports, and even a decline in returns. This is an easy prediction to make, considering the global repercussions of Brexit and President Trump's policies," according to Mike Chapman, CEO of Horticulture New Zealand.

"New Zealand conducts 60% of its trade with countries it has free trade agreements with, the exceptions being the US, the UK and the EU. The Government is focused on negotiating deals with these countries, and will likely be successful in time. But the real question is, what sort of deal can be negotiated?"

"Tariff reduction is only part of the mix. Other barriers to export, such as residue levels and pest free requirements, as well as the continuation of preferential access to the U.K. and EU, will test the Government's negotiating prowess; for our continued prosperity, it will be vital for the Government to be successful, and get high-quality agreements."

"The other trend, completely outside of the Government's control, is the gradual decrease in commodity prices. Where we do not specialise and produce premium products, our primary sector exports are at the mercy of the commodity cycles; this includes milk powder, wool and many of our meat products. With these non-speciality products, the commentators are predicting weaker prices and, considering that the majority of our export returns come from commodity products, this is not good for New Zealand."

"In horticulture, we have been able to specialise through innovative new varieties; this has given us the ability to secure premium pricing in offshore markets. This position will only be enhanced by further high-quality free trade agreements."

"A tightening of free trade and an increase in trade barriers will affect both commodity and premium products. We need the Government to do all it can to keep our existing trade deals operating as agreed, and also negotiate successfully to keep our access to the US, the UK, and Europe open."

For more information:
HortNZ
www.hortnz.co.nz

Publication date: 3/20/2017

 


 

Other news in this sector:

3/22/2017 Dutch increase their produce exports to Japan
3/22/2017 "Holland is the biggest threat for Almeria"
3/21/2017 Food accounts for 12.5 percent of US household budget
3/21/2017 Russian forum takes advantage of Dutch horticultural expertise
3/21/2017 US: Growers concerned over government's immigration policies
3/21/2017 Exploring the added value of the Dutch knowledge platforms
3/21/2017 India: Tomato farmers relieved at improved sales
3/20/2017 North Korean banks kicked out of Swift
3/20/2017 “Growth in various vegetables and soft fruit”
3/20/2017 Canada: Seasonal workers begin returning to Ontario farms
3/17/2017 Bulgaria: Notable increase in cucumber prices
3/17/2017 Trump budget proposes 21% cut to Agriculture Department spending
3/17/2017 US (NY): PCCW symposium looks at food ethics
3/17/2017 US: Farm Foundation Forum examines future of NAFTA
3/16/2017 Germany: Groceries delivered straight to the railway station
3/16/2017 Fed raises key U.S. interest rate
3/16/2017 US: SNAP increasingly serves the working poor
3/16/2017 UK: Agri-Brexit Coalition launched
3/16/2017 In Spain, Brexit will cost as much as Almeria's entire greenhouse production
3/15/2017 US: Who experiences very low food security?