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The Covid-19 pandemic had a major effect on the Hotel, Restaurant, Institutional (HRI) sector in New Zealand. This is especially true of the tourism and hospitality sectors which have been severely hit by the closed international borders.
New Zealand is expected to have already reached “peak” cattle numbers, and FAS/Wellington anticipates a very gradual decline in both dairy and beef cow numbers in the near future. One of the major influences on this is New Zealand governmental policy, and in particular regulations regarding livestock exclusion around certain water sources, as well as proposed pricing of agricultural emissions.
In 2017, New Zealand imported more than $4.5 billion of food and agricultural products.
The log harvest for the year ending September 2018 totaled 35.8 million cubic meters of roundwood, 2.5 percent higher than the previous year and is significantly ahead of the previous government’s....
New Zealand’s 2018 beef production peaked at 670,000 metric tons (MT) carcass weight equivalent (CWE) while exports totaled 633,000 MT CWE.