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South Korea and New Zealand (NZ) have concluded negotiations on a free trade agreement which was announced November 15, 2014.
Apple and Pear growers have enjoyed a second year of good prices for their fruit in 2013/2014.
Milk production continues to climb (22.1 million metric tons in 2015, 1.75% up on 2014) in the face of severe price drops both at international trade level and at the farm gate.
A biennial bearing “off” year in MY2013 is likely to have reduced production of apples to 480,500 metric tons.
Overall cattle numbers will begin the 2015 year estimated at 10.29 million head and rise during the year to 10.54 million head.
The specter of the bacterial disease PSA(v) which has loomed over the Kiwifruit sector since 2011 is diminishing.
New Zealand Potato production in 2013, at 525,000 metric tons, was marginally (5%) ahead of 2012 production.
There have been no official changes to the heavily regulated and cautious policy settings operated by the New Zealand Government in relation to products derived from biotechnology.