In the News

NZ beef prices rise on EU demand
Beef prices rebounded 12 per cent in December, propelled by greater opportunities in the lucrative European market and a consumer shift from steak to burgers, according to www.stuff.co.nz.
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China not bowing to US sanctions for trading with Iran
China has once again condemned the United States' unilateral sanctions imposed on the Islamic Republic of Iran, saying the US is seeking to internationalize its unilateral sanctions, according to www.presstv.ir.
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Shippers told to focus on capacity crunch coming this year Chinese NY?
Shippers have been told not to lose sleep over the recent, short-lived jump in spot freight rates but to focus instead on ways to mitigate the risk of a sudden capacity crunch later in the year, according to analyst Drewry Maritime Research.
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NZ exporters seen hit by Europe's downgrade
Standard & Poor's mass ratings downgrade of euro zone members today is not good news for NZ which is seen struggling to sell to the region as the NZ dollar rises.
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NZ potato exporters see higher demand from Japan, S.Korea
More than 93,000 tonnes of potatoes were exported this year, about two-thirds of them processed as frozen products and the rest as fresh produce, according to Radio NZ.
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End of era for Zespri Gold exports?
Kiwifruit Vine Health, the organisation charged with helping the industry overcome the vine killing disease Psa-V has said that "Gold 16A almost definitely does not have a future in the Psa-V environment and this cultivar will need to be eventually replaced".
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NZ avocado growers expect bumper crop, target Aussies
The avocado industry is expecting a record harvest this season - up about 40% cent on the previous high, according to a NZ Herald report.
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Californian growers use remote control technology to manage citrus groves
American citrus growers in California are able to monitor and remotely control temperatures affecting their groves using modern software, according to FreshPlaza.com.
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Maersk shifts Southern Star service to Tauranga port
Maersk Line, the world's largest container shipping line, operating in conjunction with Malaysia International Shipping Corporation Berhad (MISC), has announced plans to relocate their Southern Star service to Port of Tauranga.
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Marks & Spencer UK introduces world's 1st seedless pepper
Marks & Spencer is to be the first retailer to sell the seedless pepper, which has been created as the result of a 15 year project with Melrow salads and seed house Syngenta, according to Fresh Plaza.com citing a Daily Mail report.
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India suspends entry of international supermarket chains
The beleaguered Indian government has been forced to suspend its decision to allow international supermarkets to invest in India's £300 billion retail market in the face of political opposition, according to The Guardian.
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Ports of Auckland maritime workers strike and its impact
The Ports of Auckland has estimated the value of all trade and goods disrupted in this weekend's four-day stoppage on the Auckland waterfront totals $300 million.
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NZ's cow population growing faster than human population
New Zealand's dairy cow population is growing faster than the human population for the first time, according to Business Day, citing figure from the latest DairyNZ and Livestock Improvement Corporation figures.
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Cosco, MSC and ANL announce new Asia-Australia rates
Three shipping companies have announced increased freight rates from the Far East to Australia, according to the Shipping Gazette.
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Sino-Arab trade seen hitting US$190bln by end 2011
The volume of trade between Arab countries and China amounted to US$142.6 billion in the first nine months of this year, according to ArabianBusiness.com.
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Disney to use characters to enter Middle Eastern children food sector
Entertainment giant Walt Disney is in the UAE to share its global food strategy of using its name and Disney characters on child-focused products that meet specific nutritional criteria, including limits on calories, fat and sugar, according to TradeArabia.com.
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Japanese technology brands hurt by rising yen
The relentless rise of the yen is posing a major headache for most of the ‘Made in Japan' technology brands, making these products expensive in export markets according to GulfNews.com.
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NZ icecream maker Deep South seeks more exports
South Island icecream maker Deep South is scooping up market share in the North Island – and also in Australia, Japan and China, according to BusinessDay.
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Turners' red kiwifruit hits Italian market
Turners & Growers’ red kiwifruit variety is now on sale in Italy, according to Radio New Zealand.
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NZ Sawn timber exports to China Hammered!
New Zealand’s sawn timber exports to China have been ‘hammered’, while raw log shipments surged in the wake of Beijing’s efforts to cool the economy and amid increased sales by rival forestry nations such as Canada, according to Scoop.co.nz.
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