The food and fibre sector export revenue has reached new heights and earned $57.4 billion in the year to June 30.

This has brought an extra $1.2 billion into the economy, surpassing Agriculture Minister Damien O'Connor's expectations.

The Country's Jamie Mackay says this news comes with a caveat, as the dairy and sheep sectors are likely to take a hit.

LISTEN ABOVE

The food and fibre sector export revenue has reached new heights and earned $57.4 billion in the year to June 30.
This has brought an extra $1.2 billion into the economy, surpassing Agriculture Minister Damien O'Connor's expectations.
The Country's Jamie Mackay says this news comes with a caveat, as the dairy and sheep sectors are likely to take a hit.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.