by Nick Clark, Group Manager National Policy A bumper auction This week’s Global Dairy Trade was a strong one, with the GDT Price Index jumping 4.6% compared to the previous event a fortnight ago. All products on offer increased in price with whole milk powder, by far the biggest by volume, up 5.6%, skim milk […]
Trade
Economic Week – January 14
by Nick Clark, Group Manager National Policy Happy New Year and welcome back. Here is Feds’ first economic update for 2022. Plenty in it as it’s been four weeks since our last one for 2021. Banking Survey Just before Christmas we released results from our November 2021 Banking Survey. Overall, they were relatively positive, with […]
Report trumpets scope for ice cream exports
Latest research into our premium ice cream industry suggests exporters could find new buyers in valuable overseas markets as consumers increasingly look for tip top quality in food. Economic Development Minister Stuart Nash has released a new report for the Food and Beverage Information Project. The project is run by government agencies MBIE, MPI and […]
Economic Week – December 3
by Nick Clark, Federated Farmers Manager General Policy Terms-of-trade sets new record The goods terms-of-trade rose 0.7% to a new record high in the September 2021 quarter, according to Statistics NZ’s Overseas Trade Indexes. The increase in the terms of trade reflected a 4.6% increase in export prices exceeding a 3.8% increase in import prices. […]
Beef + Lamb New Zealand and Silver Fern Farms Collaboration Increases Sales in U.S. Market
Beef + Lamb New Zealand (B+LNZ) and Silver Fern Farms are celebrating another year of successful joint marketing efforts in the United States. The partnership, which included a series of seasonal marketing campaigns, outdoor advertisements and creative brand programs, resulted in significant sales growth and increased awareness. American appetite for grass-fed sustainably raised New Zealand […]
Economic Week – November 26
by Nick Clark, Federated Farmers Manager General Policy Steady as she goes (up) Although some economists were picking a 50 point hike to the Official Cash Rate, the Reserve Bank took a more gradualist approach, increasing it by 25 points at this week’s review of Monetary Policy Settings. As predicted in last week’s update, the […]
Beef + Lamb New Zealand and ANZCO Foods Marketing Collaboration Sees Grass-fed Beef Sales Rocket in Beijing, China
A recent co-branded marketing campaign using the Taste Pure Nature brand lifted the sales of ANZCO Foods New Zealand grass-fed beef by threefold across Beijing’s high-end 7Fresh supermarket stores during the weeklong promotion, with an ongoing increase in weekly sales post-campaign. Building on the success of an initial campaign in 2020, the collaborative partnership between […]
Beef exports top 100,000 tonnes in third quarter for first time
New Zealand’s red meat exports rose 28 per cent to $2.2 billion for the third quarter compared to the previous year, according to an analysis by the Meat Industry Association (MIA). The increase continued the trend of strong growth for the red meat sector in recent months with September exports alone reaching $642 million. The […]
Benefits all round in NZ-UK Free Trade Deal
Federated Farmers says today’s announcement of a free trade deal between the United Kingdom and New Zealand is great news for consumers and farmers in both countries. “The United Kingdom is walking the talk when it comes to promising a truly global Britain,” Federated Farmers National President Andrew Hoggard says. “We congratulate the New Zealand […]
Move now to define ‘regenerative’ on our terms
There is no unified, single definition of what ‘regenerative agriculture’ is globally. A new report argues New Zealand should step up and craft that definition – and seize the market premiums that could go with it. New York-based Alpha Food Labs spearheaded a global research project on consumers’ attitudes to regenerative agriculture on behalf of […]