Source: Radio New Zealand
Agriculture and Forestry Minister Todd McClay. Nick Monro
Food and fibre exports are set to reach a record $62 billion next year, up from the $60.4b record set this year.
The data comes from the government’s latest Situation and Outlook for Primary Industries report.
It showed meat and wool revenue was forecast to rise 7 percent, horticulture 5 percent, forestry 2 percent, and dairy 1 percent.
In a statement, Agriculture and Forestry Minister Todd McClay said it was an outstanding result and showed New Zealand’s economy turning a corner.
“From meat and wool to kiwifruit and cherries, our producers are remarkable. The world wants New Zealand’s high-quality, sustainable, safe food and fibre,” McClay said.
“The sector is well positioned to capitalise on robust demand and strong prices, supported by good growing conditions and higher production in most areas.”
Food and fibre accounts for about 83 percent of New Zealand goods exports.
McClay said the government was helping by cutting red tape, driving higher producer returns, delivering tools and technology to tackle agricultural emissions, and investing in rural health.
“One in every seven people work in food and fibre – a successful sector means thriving communities, a growing economy and a prosperous New Zealand.”
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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand
