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New Zealand fluid milk production is forecasted to be 21.2 million metric tons (MMT) in the 2024 market year (MY). This is a decrease on the previous 5-year average of ~21.6 MMT, reflecting the decreasing herd numbers and the short-term effects of the following: El Niño weather pattern, softening revenue, high cost of debt servicing, and challenging feed and fertilizer prices.
New Zealand’s apple planted area in the 2023/2024 market year (MY) is forecast to be 9,200 hectares (ha), a substantial drop from 11,000 ha at the start of the 2022/2023 MY. This is due to the impacts of Cyclone Gabrielle, which brought large-scale floodwaters, silt, debris, wind, and surface flooding to the primary apple growing regions of Hawkes Bay and Gisborne.
Changes to Panama's import requirements reflected in this report are for beef, pork, poultry, dairy products, and prior notifications of imported food. A new law establishes the inspections and food safety regulations for food products.
Panama recognizes the certificates and standards of the U.S. regulatory and sanitary inspection system, based on the United States – Panama Agreement regarding certain sanitary and phytosanitary measures and technical standards affecting trade in agricultural products, of December 20, 2006, simplifying requirements for the importation of U.S. food and feed products.
Food Standards Australia and New Zealand (FSANZ) have updated the laws on allergen labeling for foods sold throughout Australia and New Zealand. The new allergen labeling laws are called PEAL – Plain English Allergen Labelling.
This report provides information to U.S. exporters of agricultural and related products on how to do business with the Food Processing industry in Panama. It is primarily a service – based economy, but food processing is one of its top industries.
Following a gradual decline in the national cattle herd over the previous years, breeding cow numbers for beef and dairy are looking to stabilize in 2024. At the end of 2023, a new national coalition government was elected.
This report provides information to U.S. exporters of agricultural and related products on how to do business in Panama. Panama is an attractive market for exporting U.S. agricultural food products.
New Zealand: New Zealand Government Looks to Bring More Competition to Retail Grocery in New Zealand
New Zealand is about to pass and implement legislation to address one of the most concentrated supermarket sectors in the world.
In 2022, New Zealand spent the most it has ever in one year on fertilizer imports, at almost NZ$1.5 billion (US$900 million). However, the total volume imported was 250,000 metric tons (MT), less than the historical average of 2.1 million metric tons (MMT).
Although Panama highlighted the use of biotechnology in its Agricultural State Policy Law 352 of 2023, Panama has not yet established the implementing regulations of Law 48 of 2002, which created the National Commission of Biosafety for Genetically...
New Zealand continues to be an important market for U.S. agricultural products. In 2022, New Zealand’s imports grew to a record US$ 629 million of U.S. agricultural products. Despite its relatively small population, the country is already a top...