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The Hotel, Restaurant, and Institutional (HRI) sector is seeing signs of recovery in New Zealand (NZ). However, aches and pains still exist. Meanwhile, NZ continues to recover from a cost-of-living crisis, which sadly caused restaurants to close their doors.
Import permits for genetically engineered (GE) corn from the United States are once again issued by South Africa. After a mid-summer drought that caused a 22 percent drop in production, South Africa needs to import corn to supplement domestic production.
The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Post received confirmation on United States genetically engineered (GE) soybean eligibility to enter South Africa. After a mid-summer drought, South Africa needs corn and soybean imports to complement local production. South Africa allows for the importation of synchronized GE event approvals from an exporting country.
The New Zealand Government is in the final stages of amending its Climate Change Response Act 2002 to remove agriculture activities from the New Zealand Emissions Trading Scheme.
The production of apples, pears and table grapes is forecast to improve in MY 2024/25 from MY 2023/24 based on the cold, wet winter of 2024 and new trees coming into production.
In New Zealand, genetically engineered (GE) products are regulated under the 1996 Hazardous Substances and New Organisms Act (HSNO) and administered by the Environmental Protection Authority (EPA). On October 14, 2023, New Zealand held a general election, which resulted in a change in Government.
Wine grape production in 2025 is forecast to improve by five percent on favorable winter conditions, which will translate into a slight increase in wine production.
The lower corn crop in marketing year 2023/24, coupled with strong regional demand, especially for white corn, has prompted higher prices in Southern Africa.
New Zealand’s apple-planted area in the 2024/2025 market year (MY) is forecast to increase substantially to 11,100 hectares (ha) from the significant damage to farms due to Cyclone Gabrielle in February 2023.
Ukraine’s wheat, barley, and rye harvest for marketing year (MY) 2024/25 has concluded. MY2024/25 corn production is smaller due to lower yields. Post estimates MY2024/25 beginning stocks for grains at minimal levels, as Ukraine was able to maintain an independent export corridor out of its Odesa region ports for most of MY2023/24.
In 2025, Ukraine’s fluid milk production will decrease slightly due to growth in the size and productivity of industrial farms, despite a larger decrease in dairy cow inventory.