What will the UK-NZ trade deal mean for the UK beef and dairy sector?

The UK and New Zealand recently announced an "agreement in principle" for a future trade deal, but UK cattle farmers fear that they could be undercut by food imports. On 21 October the Department for International Trade announced the Prime Minister had sealed a “ground-breaking” deal with New Zealand which it says will give a “boost to British exporters and small businesses as both countries ditch tariffs and cut red tape.” While full details are yet to be agreed, it is understood that the deal would remove all import tariffs on New Zealand’s agricultural goods, allowing New Zealand producers much greater access to sell their products into UK markets. Analysis from the AHDB's strategic insight specialist David Swales shines a light on New Zealand's agricultural production and trade and outlines the potential implications for Britain's beef and dairy producers. New Zealand produces around 680,000 tonnes (2017-19 average carcase weight equivalent) of beef compared to 906,000 tonnes ...