Bank of New Zealand backed ideas of a recovery in world milk prices kicking in later this year, even as it cut its forecast for values over 2015-16 to levels implying deep losses for farmers in the top exporting country.
New Zealand food prices fell in June, for a third monthly decline, with newly introduced seasonal adjustments showing cheaper vegetables helped drag down the index.
There are provisions for a good pineapple export market for Fiji considering that New Zealand intends to import 500 tonnes of pineapple on an annual basis.
Greater quantities of food available in supermarkets and eateries is subconsciously driving people around the world to eat more and gain weight, New Zealand researchers said Wednesday.
Heinz Wattie and Hawkes Bay fruitgrowers have lined up against what they say would be a relaxation of New Zealand's anti-dumping regime if Government proposals go ahead.
The government of New Zealand is rejecting calls for a 20% tax on fizzy soft drinks as it does not consider imposing taxes to be a feasible solution for reducing consumption.
A petition seeking zero tolerance for pesticide residues in baby food was discussed Friday by a committee of the New Zealand parliament, but members of the Primary Production Committee reportedly took no action on it.
Milk processor Westland Milk Products has upped its price prediction for the 2015/16 season, bucking the general trend of price cuts seen in the global dairy sector.
