
NZ formula could be stuck on wharves
Kiwi infant formula could end up stuck on Chinese wharves - like Kiwi meat exports last year, says the head of an industry group.
Kiwi infant formula could end up stuck on Chinese wharves - like Kiwi meat exports last year, says the head of an industry group.
Only five of New Zealand's 13 infant formula manufacturers have been approved to export product into China under new regulations that came into force today.
Sheep and beef farm profits are expected to jump 35 per cent over 2013-14 from last year's drought-affected season.
New Zealand wine exports have rebounded to record levels as the wine growing industry continues its turnaround in fortunes.
China's taste for hotpot has driven a four-fold increase in the price of lamb flaps, turning the offcut into a premium cut for kiwi farmers.
New Zealand's trade surplus widened in March as Chinese demand for dairy continues to soar, driving annual export receipts to new records.
Farmers are being cautioned to prepare contingency plans amid early signs of a large El Nino climate event this year.
New Zealand's exports to China are increasing exponentially. In the three years prior to signing the Free Trade Agreement (FTA) in 2008 our exports increased on average by a little under 4 per cent.
As New Zealand prepares for the Easter break, we thought it was a good time for some chocolate trade statistics.
Turners & Growers, has agreed to buy Hawke's Bay-based Apollo Apples for as much as $44.1 million as it looks to meet growing global demand.
Dairy product prices have kept falling in the latest overnight, falling 2.6 per cent to 14-month low, paced by whole milk powder.
NZ's "buoyant" manufacturing sector expanded for a 19th consecutive month as domestic demand for goods fuels economic momentum.
The Ports of Auckland said it had handled a record number of containers in March, beating the previous record set last October.
The Middle East remains an untapped business opportunity for exporters as their focus is dominated by booming Asian markets such as China.
Even our most successful exporters pay a price for the dollar's overvaluation - ask our dairy farmers, writes Bryan Gould. Export profits are lower than they would be if the dollar was at a more competitive level.
World prices for a basket of New Zealand's export commodities flattened out last month as declining prices for dairy products offset widespread gains elsewhere.
Prices have plunged nearly 9 per cent in the latest overnight global dairy auction. It is the fourth consecutive fall in prices, with average prices falling 5.2 per cent on March 18.
The bulk of New Zealand's imports come through the Ports of Auckland while the Port of Tauranga is the undisputed king of the export trade.
Zespri is predicting a rise in the harvest of gold kiwifruit this season after two years of decline.
The European Union's agreement to pursue a free trade pact with this country represents a significant step forward.
John Key says the EU has agreed to consider a free trade deal with New Zealand.
Warren Adamson is sales director for winery Craggy Range.
An award-winning superyacht exporter has been forced to axe more than 70 jobs and is blaming the Government for failing to take action against the strong NZ dollar.