Announcements

Job offersmore »



Tweeting Growers

Top 5 - yesterday

  • No news has been published 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:

12/15/2017 Iran-EEU trade deal comes into effect on January 21
12/15/2017 Dutch government wants 75 million for young farmers
12/15/2017 Private equity funds put the focus on the Spanish agricultural sector
12/15/2017 Nigeria: Christmas prices of tomatoes & peppers drop by 45% in Lagos
12/15/2017 Case study tells how distributors can save $1.2 million, and increase sales
12/15/2017 Canada: Price of food expected to rise in 2018
12/14/2017 EU farm policy rules to be further simplified
12/14/2017 Indian government to launch minimum vegetable pricing scheme
12/14/2017 Swiss food imports growing faster than population
12/14/2017 Tonnes of Icelandic strawberries thrown out since Costco opening
12/14/2017 Vegetable imports Switzerland increased by 9 percent
12/14/2017 Germany: Weather extremes could be the norm in the future
12/14/2017 Belgium: BelOrta and Hoogstraten merger off the table
12/13/2017 Russia keeps the option open to increase Turkish tomato quota
12/13/2017 Sudan bans 19 additional imported goods, including fruit and vegetables
12/13/2017 Malawi government refuses to ban vegetable imports
12/13/2017 Climate change will alter what we eat
12/13/2017 Italy: Poland demanding more broccoli and cauliflowers
12/13/2017 Mexico: Historic frosts destroy more than 600 hectares of crops
12/13/2017 Munich wholesale market: a colorful mix of specialized and global produce