NZ agricultural exports to reach $100 bln in 20 years, KPMG expert says

Tue, 10 Nov 2015

By Fiona Rotherham Nov. 10 (BusinessDesk) - New Zealand’s agricultural exports are predicted to grow to $100 billion a year in the next 20 years and will be much more diversified than the current mix, which relies on dairy and forestry, says Ian Proudfoot, KPMG’s global leader for agribusiness and food. Speaking at an Auckland conference on farming and the future of food today, Proudfoot said that would mean increasing the compound annual growth rate for agricultural exports from 4.5 percent to 5.4 percent, but that will only happen with...

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