NZ primary sector exports to rise 2.2% in 2014, accelerate through 2017

NZ primary sector exports to rise 2.2% in 2014, accelerate through 2017
By Jonathan Underhill June 10 (BusinessDesk) – New Zealand’s primary sector exports may shrug off some of the lingering effects of drought to grow 2.2 percent in 2014, and accelerate through 2017 as growth in dairy makes up for subdued meat and wool trade. Exports of dairy, meat, wool, forestry, horticulture and seafood are forecast to reach $24.1 billion in the year ending June 30, 2014, and grow at a compound annual rate of 7.4 percent to reach $29.5 billion by 2017, according to the Situation and Outlook for Primary Industries 2013. Deman...