Lincoln ‘committed’ to agriculture

Lincoln ‘committed’ to agriculture

[20 September/ Rural News] Lincoln University Vice Chancellor, Robin Pollard said the university needed to undergo a transformative process to become more sustainable, more attractive to students, and economically and financially sustainable. Mr Pollard explained that Lincoln University needed to improve its finances, student experiences, programme flexibility and use of...
Bayer, Monsanto in US$66b deal that could reshape the world’s food supply

Bayer, Monsanto in US$66b deal that could reshape the world’s food supply

[15 September/ Business Day: NZ Farmer] Bayer has announced that it would take over Monsanto to become one of the world’s biggest agriculture companies. Bayer would pay USD 128 per share, valuing the deal at USD 66 billion making it the largest all cash buyout in history. Representatives from Bayer...
100 farmers dump milk following silo collapse

100 farmers dump milk following silo collapse

 [19 September/ Otago Daily Times] The milk silo at Fonterra’s Edendale site has collapsed, forcing the co-operative to call in engineers from around New Zealand and the world to try to get the plant fully operational again. Fonterra Global Operations Chief Operations Officer, Robert Spurway said the collapse affected milk...
SFF ‘unleashed’ by assent

SFF ‘unleashed’ by assent

 [20 September/ Otago Daily Times] Silver Fern chairman, Rob Hewett, said that following the ‘black box’ Overseas Investment Office process, the company would now be unleashed by approval being granted for Shanghai Maling to acquire a 50% interest, injecting $261 million of capital to support its long term growth.  Mr...
Wine officials prepare ground for post-Brexit trade

Wine officials prepare ground for post-Brexit trade

[16 September/ Business Day: NZ Farmer] New Zealand Winegrowers Chief Executive, Philip Gregan said preliminary discussions have been held with the United Kingdom Wine and Spirit Trade Association over a new trade agreement following Britain’s vote to leave the European Union. The United Kingdom was New Zealand’s second largest export...
Release of the KPMG Agribusiness Agenda 2016: Volume 1 – Thriving in exhilarating times

Release of the KPMG Agribusiness Agenda 2016: Volume 1 – Thriving in exhilarating times

To thrive in the Fourth Industrial Revolution, New Zealand’s primary sector must constantly innovate and reinvent itself to meet the rapidly-changing needs of consumers. The latest edition of KPMG’s Agribusiness Agenda has highlighted how the fusion of new digital and biotechnologies with traditional physical practices will place the agri-food sector...
Latest entries

Quality can sell grain

 [19 September/ NZ Farmers Weekly] Speakers at a grains forum in Canterbury discussed opportunities and actions that could aid future development of the industry at a time when there was considerable uncertainty, especially with the low dairy demand for feed grains. Industry leaders spoke of how reliant arable growers were on the dairy industry and...

Hemp food, hemp bricks, hemp medicine, hemp clothes, hemp could be everywhere

 [18 September/ Business Day: NZ Farmer] Hemp Industries Association Treasurer, Richard Barge said the organisation would be meeting with the Ministry of Health, farmers and the public in a push to advertise the plant’s 50,000 practical uses and benefits. Mr Barge added that Hemp could be pressed into fabric, used in construction and consumed as...

Venison trial tantalises European tastebuds over summer

 [14 September/ Business Day: NZ Farmer] Alliance Group has just completed a trial with Metro Cash & Carry, selling venison to the Belgium retailer from April to August. The campaign was designed to encourage Europeans to eat venison in the summer, and showed that there was potential to sell more high quality product at a...

Food, medical genetic techniques ‘cannot be separated’ – risk expert

 [16 September/ National Business Review] Global Policy Institute of Science Associate Director, Sweta Chakraborty said advances in medical science using genetic engineering techniques could not be separated from their application in other areas such as agriculture. Ms Chakraborty explained that it was generally agreed amongst the scientific community that the estimated global population of 9...

Plant & Food $8.5m research grant

 [15 September/ National Business Review] Crown Research Institute, Plant & Food Research, has been awarded an $8.5 million research grant for breeding technologies within high value plant industries. Breeding technologies includes gene editing which is considered to be part of genetic modification. Plant & Food’s research project aimed to create tree crops with novel traits,...

Call for more Māori studying agribusiness

 [16 September/ Rural News] Maori Development Minister, Te Ururoa Flavell said more students should undertake the new Maori Agribusiness major as part of a Bachelor of AgriCommerce at Massey University. Mr Flavell explained that the students who graduated from this major may be able to help connect current Maori agribusiness leaders to the wider industry....

A warning, and then good news on trade front

[20 September/ Business Day] Prime Minister, John Key said that after meeting British Prime Minister, Theresa May, in New York, he was confident that the United Kingdom wanted a free trade agreement with New Zealand. Mr Key added that he did not push Ms May on a time frame for any deal as the United...

NZ dairy companies urge WTO action against Canada

 [18 September/ NZ Herald] The Dairy Companies Association of New Zealand has joined forces with its associated organisations in the United States, Australia, Europe and Mexico in a bid to get the World Trade Organisation to take action over what they allege is the dumping of dairy products on world markets by Canada. A joint...

Dairy farm prices show sharp rise

 [19 September/ National Business Review] Real Estate Institute of New Zealand figures showed that the median sale price of New Zealand dairy farms increased by 50.4 percent from $26,906 in the three months ended August 2015 to $40,469 in the three months ended August 2016. The price rises for dairy farms were far higher than...

Ashburton farm manager Karl Maguire prime suspect for theft of 500 cows

 [19 September/ Business Day: NZ Farmer] Norvo Farm Representative, Mark Saunders said farm manager, Karl Maguire, has been sacked after 500 cows disappeared under his watch. It was believed that Mr Maguire was the prime suspect for the cow thefts, with police confirming that a farm employee was pivotal to the investigation. Police strongly urged...

Farm sales part of adding value

 [19 September/ NZ Farmers Weekly] Landcorp Chief Executive, Steven Carden said the organisation’s decision to sell nine of its 40 farms was part of a move to become a supplier of value added products. Mr Carden explained that this meant growing its Pamu brand and diversifying into sheep milk, deer milk, cropping and horticulture which...

Prisoners train to fill farming labour gap

[16 September/ Radio NZ Rural] Hundreds of prisoners were being trained in order to meet demand for agricultural labour, with New Zealand needing to fill 50,000 jobs in the farming sector over the next decade. More than 400 prisoners have earned NCEA qualifications from Level 1 to 4 in agriculture and horticulture in the past...

Wellard boss sells shares to Chinese-owned Fulida Group

 [19 September/ ABC Rural] Wellard Chief Executive Officer, Mauro Balzarini has sold almost half of his shares in the live exporting company to refinance his privately owned company, WGH Holdings, and repay AUD 15.8 million which it owed to Wellard. The shares were sold to Fulida Group, making it the second biggest shareholder with 66.32...

Indian entrepreneur sells ‘untouchable’ foods to challenge caste bias

 [19 September/ Reuters] Chandra Bhan Prasad was a former rebel fighter and member of India’s untouchable caste (India’s lowest class), but was now taking on caste-based discrimination with packaged foods that would have been regarded as impure just decades ago. Mr Prasad recently launched Dalit Foods to sell spices, pickles and grains online. Mr Prasad...

Hardy made-in-Singapore ‘Temasek Rice’ hits shelves; Temasek Rice described as high-yielding, climate- and bacteria-resistant and tasty

 [19 September/ The Straits Times] Temasek Rice is the first rice variety to be both created and sold in Singapore, following eight years of research and field trials. The rice was formulated to be a hardy breed that was able to withstand droughts and floods by hibernating for up to two weeks when submerged in...

China to invest $450 billion modernizing agriculture by 2020

[18 September/ Reuters] The Agricultural Development Bank of China has agreed to loan USD 450 billion for the modernisation of China’s agriculture industry by 2020. The loan would be used to protect national food security, support the sector in doing business overseas, and develop China’s seed industry. The Agricultural Development Bank of China would be...

A Tasmanian delegation on the backpacker tax fails to gain concessions in Canberra

[16 September/ ABC Rural] A delegation of 10 people from Tasmania has failed to get concessions on the 32.5 percent backpacker income tax, with increasing concerns that it would prevent a large number of overseas workers from coming to Tasmania to fill casual fruit picking roles. Fruit Growers Tasmania Business Development Manager, Phil Pyke said...

New plan cuts flow to cities, farmers; Rivers need more water to protect fish, board says

 [16 September/ The San Francisco Chronicle] The San Francisco State Water Resources Control Board has drafted rules that would increase the amount of water in three rivers from as low as 10 percent of what would normally flow in them to between 30 and 50 percent. The increase in river water levels would protect wildlife,...

Unilever in talks to buy Jessica Alba’s Honest company for $1bn

 [16 September/ The Guardian] According to reports, Unilever is in discussions to acquire Honest, a household goods company founded by Hollywood Actor, Jessica Alba, for more than USD 1 billion. Honest has built up a loyal customer base of young mothers who bought its diapers, household cleaners and beauty products via online subscriptions. The speculated...

Australia’s SproutX Launches Pre-Accelerator and Targets $10m for Accelerator Fund

 [15 September/ AgFunder News] SproutX, Australia’s first agriculture technology accelerator, has raised over AUD 1 million in funding for operations and was now raising a AUD 10 million fund to invest in the start –ups that would go through its accelerator. Participants in the SproutX initiative would receive AUD 1,000 in cash and AUD 10,000...

How Halal Food Became a $20 Billion Hit in America

 [14 September/ Bloomberg] Halal Food Tracker, Shahed Amanullah said he could only find 200 places that served halal food in 1998, while he was now tracking 7,600. Mr Amanullah added that halal food was becoming a popular food choice even among people who were wary of Muslims. According to the Islamic Food and Nutrition Council...

Price of raw milk declines as China increases Lucerne imports: Dairy Association of China

[14 September/ Dairy Reporter] According to a Dairy Association of China report, the amount of liquid milk China imported in July this year was 35 percent higher than July 2015 at 52,825 tonnes. Mintel Analyst, Laurel Gu said the price of raw milk was declining as a result of Lucerne, the main feed used for...

Agriculture ministry to exploit ‘4th industrial revolution’ technology

 [14 September/ The Japan News] The Japanese Agriculture, Forestry and Fisheries Ministry has announced that it intends to exploit the emerging technologies of the fourth industrial revolution, such as artificial intelligence, the internet of things, and robots, to improve the quality of agricultural products and efficiencies on farms. The ministry planned on using the technologies...

Battling childhood obesity: Arla Foods Ingredients unveils new snack products

[13 September/ Dairy Reporter] Arla Foods Ingredients has developed snacks with high levels of protein and calcium in order to take advantage of demand for healthier products as childhood obesity increases in many parts of the world. Products included a snack cake containing less than 100 calories per serving, and a 35 gram dairy bar...