Limited progress on China dairy safeguards ups the ante for other negotiations

The appetite for New Zealand food among affluent locals and expatriates in the Middle East presents a huge opportunity for Kiwi producers, according to a leading agribusiness group.

ASB has partnered with VerifyUnion, a decentralised identification platform, to launch New Zealand’s first bank blockchain single trade window.

The velvet market during the 2018-19 season is expected to be reasonably stable, with consumption in Asia increasing in line with production growth in New Zealand.

Several years of trial shipments and rigorous testing procedures led to the first commercial shipments in early October and growers like Peter Marshall from the fertile Bay of Plenty region. He says that China "represents a massive opportunity for avocado growers and exporters in New Zealand."

Fonterra says India remains a massive opportunity for the New Zealand cooperative once it inevitably shifts to being a dairy importer reports Rebecca Howard for Newsroom.

India is currently balanced in terms of supply and demand, said Teh-han Chow, who heads up Fonterra's ingredients business into China and South and East Asia.

“As it continues to grow and production doesn't keep pace there will eventually be a need for dairy imports into India. The question mark is when,” Teh-han told BusinessDesk at the NZX Global Dairy Seminar in Singapore last week. "That's the million dollar question."

India’s spending on consumption will rise to around US$4 trillion by 2025 according to different estimates and its normal year-on-year expenditure growth is already double the global average, he said.

"The numbers are huge. The country is huge. It is quite a large opportunity," he said.

While India doesn't currently need to import dairy, Teh-han said consumers are actively seeking protein, due to religious and dietary restrictions, and “dairy protein is a good alternative". Read More ... >

New Zealand will be officially represented at the China International Import Expo, with two pavilions that will showcase a range of quality products. David Parker, New Zealand’s Minister for Trade and Export Growth, considered the expo an opportunity to send the right message to Chinese consumers.

World-first verification framework takes premium Māori products to the Chinese market.

New Zealand trade negotiators are trying to get their European counterparts to recognise that the nation’s agricultural exports are small-fry in comparison to the regional bloc’s farming sector.

05 Oct: 12:32 | Kiwi horticultural exporters are invited to attend New Zealand Trade & Enterprise’s Gulf Opportunities Showcase being held in Auckland, Hamilton, Wellington and Christchurch in October.