The food and fibre sector is expected to contribute $56.9 billion to our economy this year alone Agriculture Minister Todd McClay has announced that the New Zealand Government will allocate $4.95 billion over the next four years to maintain core funding for the Ministry for Primary Industries (MPI). “The food[Read More…]
Policy and Regulatory
Australia’s Queensland secures $4 Mn in export deals during China trade mission
The mission saw participation from 15 Queensland businesses, which collectively generated 191 new trade leads and strengthened commercial ties across the Greater Bay Area The Crisafulli Government has announced a significant boost to Queensland’s export portfolio, with $3.99 million in new export outcomes secured during a high-level trade mission to[Read More…]
Suez Canal Authority engages global shipping giants as Red Sea security improves
The focus was on restoring shipping traffic through the Suez Canal following a ceasefire in Yemen Admiral Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority (SCA), held a meeting with representatives from 25 major shipping lines and maritime agencies in Ismailia to discuss the security situation in[Read More…]
Nestlé and OzHarvest join forces to help Aussies in need
Nestlé will support OzHarvest to provide around 400,000 meals over the next 12 months Nestlé Australia has announced a new partnership with Australia’s leading food rescue organisation, OzHarvest. The partnership between the two organisations comes at a crucial time, as the number of people struggling to make ends meet continues[Read More…]
Acute food insecurity and malnutrition rise for sixth consecutive year in world’s most fragile regions
In 2024, over 295 million people across 53 countries and territories faced acute hunger—an increase of almost 14 million people compared to 2023, while the number of people facing catastrophic levels of hunger reached a record high Acute food insecurity and child malnutrition rose for the sixth consecutive year in[Read More…]
US and China agree to suspend tariffs in bid to reset trade ties
According to a joint statement, both sides will suspend 24 percentage points of the additional ad valorem tariff rates they had imposed on each other’s goods, initially for 90 days In a significant move aimed at easing tensions and revitalising bilateral ties, the United States and China have jointly announced[Read More…]
Blockchain technology offers producers opportunity to deepen consumer trust
This demand is spurring seafood producers to adopt cutting-edge blockchain technology that enables full traceability from ocean to outlet According to new research from the Norwegian Seafood Council (NSC), 89 per cent of global consumers seek more information about how their seafood is produced. Transparency has emerged as a defining[Read More…]
EU approves €5 Bn French scheme to facilitate export of wines to US
The new measure aims to enable exporters of wines and spirits to export to the US through this reinsurance mechanism The European Commission has approved a €5 billion French reinsurance scheme for export credit to the United States under EU State aid rules. This scheme will be in effect from[Read More…]
US FDA approves three food colours from natural sources
The food system has relied on synthetic, petroleum-based dyes that offer no nutritional value and pose unnecessary health risks The U.S. Food and Drug Administration announced it granted three new colour additive petitions that will expand the palette of available colours from natural sources for manufacturers to safely use in[Read More…]
Tasmania showcases world-class seafood to boost exports to Asia
The initiative is designed to strengthen export opportunities and deepen trade ties across Asia, aligning with the broader goals of the 2030 Strong Plan for Tasmania’s Future Tasmania is putting its premium seafood on the global stage this week as 14 major seafood buyers from Japan, China, Singapore, and Vietnam[Read More…]
