Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Strong Export Seed Season

Strong Export Seed Season

New Zealand seed growers enjoyed another strong export season in 2013.

Radish, carrots, ryegrass and white and red clover are just some of the high value export seed crops grown in this country every year, many of them in Canterbury, and exported to over 60 world New data sourced from Statistics New Zealand show the total value of seed exports was $192 million up $24 million or 14 per cent for the year ended December 2013, compared with the previous year.

Herbage seed (ryegrass, clover and other grasses) accounts for 53 per cent of total seed exports by value. Vegetable seed has 47 per cent share.

Australia is the biggest market for pasture seed, accounting for 16 per cent of total shipments.

Northern hemisphere markets remain hugely important for New Zealand vegetable seeds and Asian sales are steady with good growth opportunities. The Netherlands is the number 1 export market by value for carrots, radish and other vegetable seeds.

Thomas Chin, general manager of the New Zealand Grain and Seed Trade Association, says growers, processors and exporters have every reason to be pleased with the latest export data.

“These are high value goods helping move New Zealand agriculture beyond the traditional mix of The industry continues to work with government trade officials to regain brassica seed access to China as soon as possible, Chin says.

“Our capacity to supply the Chinese market, which has significant growth potential, has been hampered by Chinas’s ban on New Zealand brassica seed imports following the 2011 detection of blackleg, a pest which ironically is also present in China.”

Future industry growth will continue to be driven through enabling new crop types, focusing on high value speciality seed products and securing new markets.

“Recent announcements regarding trade agreements with Taiwan, continuing talks with South Korea and Columbia, and the Trans Pacific Partnership (TPP) agreement have all lifted the seed sector’s confidence in future growth opportunities.

“New Zealand is a world leader in seed multiplication and our strong export performance responds to and is consistent with the Government’s Business Growth Agenda and its goal to increase the ratio of exports to GDP from the current 30 per cent to 40 per cent of GDP by 2025. Going forward, seed production for overseas sale will continue to be big business for New Zealand.”

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Media: Fairfax Moves To Create Modern Newsroom

Fairfax Media New Zealand continues its newsroom transformation this week, with a proposal to further organise its editorial operations into focused, local teams and specialist national topic areas. More>>

ALSO:

Dairy: Fonterra Forecast For 2015/16 Season

Fonterra Co-operative Group Limited has today reduced its forecast Farmgate Milk Price for the 2014/15 season to $4.40 per kgMS. Along with its previously announced forecast dividend range of 20-30 cents per share, the change amounts to a forecast ... More>>

ALSO:

BusinessDesk: SkyCity Lifts Minimum Convention Centre Investment To $430M

SkyCity Entertainment Group, the casino operator, has lifted the minimum it will invest in the Auckland International Convention Centre to $430 million and said total costs including land may be $450 million to $470 million. More>>

Statistics: Drop In Dairy Prices Leads Fall In Exports

Total goods exports fell $240 million (5.5 percent) to $4.2 billion in April 2015 compared with April 2014, Statistics New Zealand said today. More>>

BusinessDesk: APN's NZME Sees Future In Paywalls, Growth In Digital Sales

APN News & Media has touted a single newsroom concept for its NZME unit in New Zealand, similar to what Germany's Die Welt uses, saying an 'integrated sales proposition' is helping it win market share, including ... More>>

Labour Party: Global Milk Prices Now Lowest In 6 Years

The latest fall in the global dairy price has brought it to the lowest level in six years and shows there must be meaningful action in tomorrow’s Budget to diversify the economy, says Labour’s Finance spokesperson Grant Robertson. “Dairy prices ... More>>


BusinessDesk: NZ Inflation Expectations Creep Higher In June Survey

May 19 (BusinessDesk) - New Zealand businesses lifted their expectations for inflation over the next two years, sapping any immediate pressure on the Reserve Bank to cut interest rates, and prompting the kiwi dollar to jump higher. More>>

BusinessDesk: Lower Fuel Costs Drive Down NZ Producer Input, Output Prices

May 19 - Producer input and output prices fell in the first quarter, mainly reflecting lower fuel costs and weakness in prices of meat and dairy products. More>>

Media: Fairfax Media NZ Announces Senior Editorial Team

Fairfax Media New Zealand has today confirmed its new editorial leadership team, as part of a transformation of its newsrooms aimed at enhancing local and national journalism across digital and print. More>>

Science: Flavonoids Reduce Cold And Cough Risk

Flavonoids reduce cold and cough risk Research from the University of Auckland shows eating flavonoids – found in green tea, apples, blueberries, cocoa, red wine and onions – can significantly reduce the risk of catching colds and coughs. The research, ... More>>

BusinessDesk: RBNZ House Alert Speech The Catalyst For Government Action

Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for concerted action on rampant Auckland house prices was one of the main catalysts for the government's weekend announcements about tightly ... More>>

BusinessDesk: How To Fall Foul Of The New Housing Tax Rules: Tips From IRD

Just because you rented out your investment property doesn't absolve you from paying tax, says the Inland Revenue Department in a summary of commonly made mistakes by non-professional property investors when it comes to their tax liability.More>>

Legal: Superdiversity Law, Policy And Business Stocktake Announced

Mai Chen, Managing Partner at Chen Palmer New Zealand Public and Employment Law Specialists and Adjunct Professor of Law at the University of Auckland, today announced the establishment ... More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news