New Zealand's food, fiber exports to reach new record high

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New Zealand's food, fiber exports to reach new record high

STORY: New Zealand's food, fiber exports to reach new record high DATELINE: Dec. 2, 2022 LENGTH: 00:02:09 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of streets in Wellington, New Zealand 2. various of New Zealand's fiber exports 3. various of dairy products 4. various of bee farming and honey making 5. various of red meat 6. shot of customers in a shopping mall STORYLINE: New Zealand's food and fiber export revenue is projected to reach a new record high, which provides the cornerstone for the country's economic recovery and helps protect it from the sharp edges of the global downturn, an official report said on Thursday. The Situation and Outlook for Primary Industries (SOPI) was released by the Ministry for Primary Industries which shows food and fiber export revenue is forecast to grow to a record level of 55 billion NZ dollars (34.76 billion U.S. dollars) this year. "Despite the global economic storm gathering, the latest SOPI results show our food and fiber export revenue continuing

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