The way government of New Zealand regulates the amount of dairy products a company can export is to change, but it will be at least a year before this comes into force.
Currently quota allocations are based on each dairy company’s share of milksolids collected from farmers. This excludes businesses who don’t collect milksolids but who still want to export dairy products into quota markets.
The Agriculture Minister says the new, improved system will instead change to allocation based on each company’s share of total exports by volume of the relevant product, including exports to non-quota markets. He says it will boost NZ’s $26 billion dairy export industry.