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20 May 2024 23:02
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  •   Home > News > Rural

    Good news for our dairy farmers to start the new year

    Good news for our dairy farmers to start the new year


    Safeguard duties on milk powder have now lifted -- meaning all dairy exports can now enter China duty free.

    Trade and Agriculture Minister Todd McClay says we export about one and a half billion tonnes of dairy products to China each year -- and about half of that, is milk powder.

    He says this is a saving for our farmers and our economy of about 350-million dollars a year, for doing nothing more than what they're already doing.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
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     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
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