Tag: Viticulture

NZ wine goes duty-free into seven new markets

Press Release – New Zealand Government New Zealands 1.5 billion-dollar wine industry will gain duty-free access into seven new countries under the Trans-Pacific Partnership (TPP). Trade Minister Todd McClay, on a visit to Marlborough to discuss TPP, told exporters that the regions …Hon Todd McClay Minister of Trade 7 April 2016 NZ wine goes duty-free into seven new markets New Zealand’s 1.5 billion-dollar wine industry will gain duty-free access into seven new countries under the Trans-Pacific Partnership (TPP). Trade Minister Todd McClay, on a visit to Marlborough to discuss TPP, told exporters that the region’s 140 wineries would be significant winners under the agreement. “We already sell almost a billion dollars’ worth of wine into TPP countries. The United States is New Zealand’s biggest wine exporting destination and it, alone, is worth almost half a billion dollars each year. We have never achieved duty-free access, but now, under TPP, that is exactly what we get – and almost all of those tariffs are eliminated on entry into force,” says Mr McClay. The seven new duty-free markets are the US, Japan, Canada, Mexico, Peru, Malaysia and Vietnam. “New Zealand winegrowers have been subject to heavy tariffs, particularly in emerging markets. Mexico currently has a 20 per cent tariff and Vietnam has a 50 per cent tariff. The reduction, and eventual elimination, of these tariffs will encourage our winegrowers into new...

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Poll shows farmers expect more tough times in 2016

Press Release – Federated Farmers Many farmers have weathered difficult conditions in 2015 and the majority see no relief coming in the New Year, according to a poll conducted by Federated Farmers.Poll shows farmers expect more tough times in 2016 Many farmers have weathered difficult conditions in 2015 and the majority see no relief coming in the New Year, according to a poll conducted by Federated Farmers. Over 1,100 members were surveyed in the run up to Christmas, with 52% saying they expect market conditions to stay the same. Only 29% predict improving conditions, with 19% forecasting worse times to come. Confidence is greatest among dairy farmers, who are continuing to battle low milk prices. 41% of the dairy farmers surveyed are forecasting improved market conditions compared with 29% overall, 19% for the meat and fibre industry and 17% among arable farmers. “Despite low interest rates and international wins such as TPP, agreement at the WTO to abolish export subsidies and the prioritisation of food production at the COP21 climate change talks that will deliver long term benefits, 2015 will be remembered as a year of low milk prices and adverse events such as droughts and floods that have impacted farmers’ bottom lines and put New Zealand’s biggest sector under enormous pressure,” says Federated Farmers President Dr William Rolleston. “It is encouraging to see relatively higher levels of optimism...

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Strong outlook for primary sector exports

Press Release – Ministry For Primary Industries The Ministry for Primary Industries (MPI) expects meat and wool, horticulture and forestry export revenues will support New Zealand’s primary sector export growth to 2017, and help offset the recent year’s fall in the dairy sector.Strong outlook for primary sector exports 15 Dec 2015 The Ministry for Primary Industries (MPI) expects meat and wool, horticulture and forestry export revenues will support New Zealand’s primary sector export growth to 2017, and help offset the recent year’s fall in the dairy sector. The signs across the primary sector are encouraging with New Zealand’s primary sector export revenue expected to increase to $37.6 billion in the year ending June 2016, up $1.9 billion from the year ended June 2015, according to the Ministry for Primary Industries updated Situation and Outlook for Primary Industries (SOPI). The December update incorporates changes to export volumes and currency movements from MPI’s previous June 2015 SOPI publication. The meat and wool sector is expected to continue its strong growth, with a forecast revenue increase of $910 million to June 2016 (or 10% from June 2015 actual figures) due to strong demand for beef exports from the United States. New Zealand will meet its allowable beef export quota to the USA this season for the first time since 2004. Chinese demand for wool also remains strong. Milk production is expected to...

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Kiwifruit Claim To Seek $334m+

Press Release – The Kiwifruit Claim KIWIFRUIT CLAIM TO SEEK THIRD OF A BILLION IN DAMAGES FOR PSA-V – BUT OTHER GROWERS RISK MISSING FRIDAYS DEADLINE TO SIGN UPTHE KIWIFRUIT CLAIM MEDIA STATEMENT 8 October 2015 FOR IMMEDIATE RELASE KIWIFRUIT CLAIM TO SEEK THIRD OF A BILLION IN DAMAGES FOR PSA-V – BUT OTHER GROWERS RISK MISSING FRIDAY’S DEADLINE TO SIGN UP The Kiwifruit Claim is likely to seek damages from the Crown of over $334 million but there are still growers and others who may have losses of another $400 million who risk missing Friday’s final High Court-imposed deadline to take part in the class action. As of last night, growers representing around 45% of the gold industry and 15% of the green industry at the time Psa-v struck have signed up to the claim, with an estimated $334 million in losses. A spokesman for The Kiwifruit Claim, Matthew Hooton, said that was around four times the minimum level of estimated damages the litigation funder, LPF, had required before going unconditional on the claim but still suggested some growers with combined losses of hundreds million dollars were still to make up their minds or complete the paperwork. “According to the government’s own Sapere report, losses from Psa-v in just the first 15 years after the initial crisis have been estimated to be a minimum of $740 million and...

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Three Cheers for Wine Exports in TPP Agreement

Press Release – Hawke’s Bay Winegrowers International wine sales are expected to catapult with the signing of the Trans Pacific Partnership (TPP) Agreement, a move welcomed by one of New Zealands biggest wine growing regions.Three Cheers for Wine Exports in TPP Agreement Wine sector could reap multi-million-dollar benefits from anticipated tariff waivers International wine sales are expected to catapult with the signing of the Trans Pacific Partnership (TPP) Agreement, a move welcomed by one of New Zealand’s biggest wine growing regions. Hawke’s Bay Wine praises the signing of the Agreement, saying it will not only facilitate burgeoning wine exports worth millions of dollars, it will also provide another platform to draw in greater tourism numbers. “The industry as a whole will benefit, and potentially this could mean millions of dollars’ worth of exports for Hawke’s Bay, as New Zealand’s second largest wine region,” James Medina, chief executive of the governing body, Hawke’s Bay Wine, says. “Our understanding of the TPP Agreement is that it paves the way for tariffs to effectively be removed, dependant on individual markets – although some countries may take longer than others.” Medina highlighted the United States, Japan and Canada as the countries that could provide the most lucrative partnerships, predominantly due to their market size. However Malaysian and Singapore would also be strong targets for wine exports. Hawke’s Bay Wine had already established itself...

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