Search

Categories

NZ on road to becoming the Detroit of agriculture

NZ on road to becoming the Detroit of agriculture

 [1 December/ Business Day: NZ Farmer] Strategic Communications Consultant, Rosie Bosworth said in an opinion piece that New Zealand was in danger of becoming the ‘Detroit of Agriculture’ as production moved elsewhere. Ms Bosworth explained that New Zealand’s agricultural industry would soon become a sunset industry as it was overtaken...
Nestlé discovers way to slash sugar in chocolate without changing taste

Nestlé discovers way to slash sugar in chocolate without changing taste

[1 December/ The Guardian] Nestle has announced that it has found a way to decrease the amount of sugar in some of its chocolate bars by 40 percent without compromising the taste. The company explained that the new process made sugar dissolve faster so that the tongue perceived an identical...
Contaminated palm kernel importer's identity remains hidden

Contaminated palm kernel importer’s identity remains hidden

 [30 November/ Business Day: NZ Farmer] The Ministry for Primary Industries has refused to release the name of the importer whose ship was denied entry into New Zealand. The ship was not allowed to unload 20,000 tonnes of palm kernel at Tauranga Port because it was considered a biosecurity risk....
Open Country Dairy lifts forecast on back of better market prices

Open Country Dairy lifts forecast on back of better market prices

 [2 December/ Business Day: NZ Farmer] Open Country Dairy has increased its full year average milk price forecast from between $4.25 and $4.45 per kilogram of milk solids to between $5.60 and $5.90 per kilogram of milk solids. The company said in an email to suppliers that improving market conditions...
Hort industry celebrates major successes

Hort industry celebrates major successes

 [1 December/ Rural News] The New Zealand Horticulture – Barriers to Our Export Trade report showed that export earnings from New Zealand’s horticultural sector have increased by 40 percent since 2014. Primary Industries Minister, Nathan Guy said horticulture was a star performer of the New Zealand economy, with export revenue...
Latest entries

Asian thirst for unique NZ hops bolsters industry growth

 [5 December/ Business Day: NZ Farmer] New Zealand Hops Limited Chief Executive, Doug Donelan said new land was being converted to hop gardens, processing cool store capacity was being increased, and five new growers had started gardens in the last few years. The surge in growth of the industry was due to a new generation...

Godfrey Hirst loses bid to halt Cavalier’s domination of NZ wool scouring

 [30 November/ NZ Herald] The Court of Appeal has dismissed Godfrey Hirst’s appeal against earlier decisions by the Commerce Commission and the High Court to allow the merger of the wool scouring operations of New Zealand Wool Services International and Cavalier Wool Holdings. The Commerce Commission had allowed the merger that would create a monopoly...

Massey back to its roots

[6 December/ Rural News] Massey University Chancellor, Chris Kelly said the university would place more emphasis on its agricultural and veterinary courses rather than its fine arts and business courses as it wanted to regain its name as an agricultural university. Mr Kelly added that from next year, the university’s veterinary and other agricultural courses...

Dairy, horticulture underpin agricultural confidence

[6 December/ Otago Daily Times] Rabobank New Zealand Country Banking General Manager, Hayley Moynihan said a positive outlook for the dairy and horticultural sectors had kept overall confidence levels high in the agricultural economy, although the latest Rabobank Rural Confidence Survey found that confidence levels had decreased slightly. The number of farmers expecting the rural...

Big South Island dairy farm portfolio on the market

 [2 December/ National Business Review] A portfolio of Otago farms owned by Borst Holdings have gone up for sale. The portfolio was one of the largest dairy farming operations to come on to the market since the controversial Crafar and McVitty farms about seven years ago. The portfolio comprised of four farms covering 992 hectares...

Landcorp farms likely to stay NZ-owned, agent says

 [1 December/ Radio NZ Country] PGG Wrightson Real Estate General Manager, Peter Newbold said the majority of interest in the 10 Landcorp farms for sale had come from New Zealanders. Mr Newbold added that offshore investors were not interested in the type of farm that Landcorp was selling. Ms Newbold said the farms would probably...

Reserve Bank says dairy debt, house price inflation still pose risks

[30 November/ National Business Review] Reserve Bank Governor, Graeme Wheeler said dairy farm debt and the risk of further house price inflation continued to pose risks to the nation’s financial stability. Mr Wheeler explained that despite dairy prices having recovered, debt had increased because of losses over the past two seasons. Mr Wheeler added that...

$520,000 for Southland primary sector

 [30 November/ Rural News] The Ministry of Business, Innovation and Employment and the Ministry for Primary Industries have announced a $520,000 contribution to Southland’s primary sector. Economic Development Minister, Steven Joyce said the Ministry for Primary Industries would be contributing $220,000 to sustainably increase beef and sheep productivity through a programme that would develop the...

Farmers given green light to bypass consents in quake aftermath

[29 November/ Radio New Zealand] The government has introduced new emergency earthquake legislation which would allow farmers to carry out work to fix their farms without having to worry about obtaining resource consent. The emergency work was permitted to continue until the end of March. Federated Farmers Adverse Events Spokesperson, Katie Milne said council regulations...

Government ‘pussy-footing around’ on solving non-tariff barrier trade issue: Labour

 [30 November/ Business Day] Labour Party Trade Spokesperson, David Clark said the Government was not showing enough urgency over reducing the $5.9 billion New Zealand exporters paid in non-tariff barriers to trade. Mr Clark added that New Zealand’s growing network of trade agreements had reduced the cost of exporting, but there had been a significant...

France tops global food sustainability index

[5 December/ Food Navigator] According to a sustainability index by the Barilla Center for Food and Nutrition, France ranked the highest for tackling food waste and nutritional challenges, while Germany came in first for sustainable agriculture. Overall, the top three countries were France, Japan and Canada. The index used 58 criteria across the three categories...

Infant formula company Bellamy’s shares plunge 44pc on weaker China sales

 [3 December/ NZ Herald] The share price of Bellamy, an organic baby formula maker, has fallen by 43.9 percent after the company released an investor update which signalled weaker revenue this year. Bellamy Chief Executive, Laura McBain said growth had fallen short of expectations because of a regulatory crackdown by the Chinese government prompting a...

Meat products from 3D printer could be the new food for aged care homes and restaurants

[2 December/ ABC Rural] Meat and Livestock Australia Research, Development and Innovation General Manager, Sean Starling said a high protein ink or powder could be used in a 3D printer to produce a soft food with specific nutrients which was suitable for people who had chewing or swallowing problems. Meat and Livestock Australia saw the...

Federal Government finalises new rules, rates for wine tax rebate

 [2 December/ ABC Rural] The Australian Federal Government has announced its plans to reduce the Wine Equalisation Tax rebate from AUD 500,000 to AUD 350,000 from 1 July 2018 in order to make the scheme fairer. Eligible producers who exceeded the AUD 350,000 cap would have access to a new wine tourism and cellar door...

Great Barrier Reef Facing Multiple Threats, Report Says

 [2 December/ The New York Times] According to a report by the Australian Government, climate change and the flow of chemicals and coastal sediment into waters that wash over the Great Barrier Reef pose one of the biggest threats to its survival. Scientists from the ARC Center of Excellence for Coral Reef Studies said the...

How the Humble Taco Inspired a $750 Mexican Meal

 [2 December/ Bloomberg] Noma Co-Owner, Rene Redzepi has travelled through Mexico, tasting a range of fresh fish and insects to plan for the opening of his latest pop-up restaurant on Mexico’s Yucatan Peninsula. Reservations for the pop-up restaurant opened on 6 December, with waiting lists of previous Noma pop-up restaurants reaching 60,000 people in Tokyo...

AgriProtein Raises $17.5m to Build Second Waste-to-Insect Protein Factory and License Tech

[1 December/ AgFunder News] AgriProtein, a South African company which grows insects for animal feed, has raised USD 17.5 million from investors across Europe, North America and Asia. The funding valued the company at USD 117 million, making it the most valuable insect farming business in the world. The funds would be used to build...

Philip Morris’s vision of cigarette-free future met with scepticism

 [30 November/ The Guardian] Philip Morris, a major tobacco company, has launched a new product which it claimed could replace conventional cigarettes. Philip Morris Chief Executive, Andre Calantzopoulos said the new iQos product heated tobacco but did not burn it, and was less harmful than traditional smoking. The company had invested USD 3 billion in...

New £5 notes contain animal fat, says Bank of England, drawing anger from vegans and vegetarians

[30 November/ NZ Herald] The Bank of England has admitted that the new GBP 5 notes contained tallow, a substance made from animal fat. More than 60,000 people have signed a petition demanding the substance not be used in the production of the currency. The petition stated that the use of tallow in bank notes...

For U.S. Agriculture, Trump Questions Overshadow Castro Death

 [29 November/ Bloomberg Markets] United States agriculture companies planning on boosting production of sugar cane and other crops in Cuba have been left unsure about the future of production in the country after the result of the presidential election. United States President Elect, Donald Trump said he would end the harmonious relations with Cuba unless...

Silicon Valley and food

 [26 November/ The Economist] A San Francisco start-up called Zume Pizza has programmed robots to make pizzas which were then put into a van and baked as they were delivered to customers. Ovens in the vans were timed in sync with the arrival of the vehicle at the destination so that pizzas were delivered hot...

Cost of clean New Zealand air: Up to $141 a bottle in China

[30 November/ NZ Herald] Chinese residents are now able to purchase pure, hand-bottled, pollution-free, oxygen-rich New Zealand air from about six online retailers. A 7.7 litre bottle of New Zealand air could cost up to $141, but some online stores had discounted them to $44 a bottle. Retailers said bottles contained 180 gulps of air,...

GM Mark Taylor says Tenon Ltd’s Taupo wood-processing plant is going strong

 [30 November/ Waikato Times] Tenon Taupo General Manager, Mark Taylor said the sale of Tenon’s United States distribution business would not affect its Taupo wood processing plant. Mr Taylor said the Taupo company still had supply agreements to continue distributing products throughout the United States. Mr Taylor added that consumer confidence was growing in the...

Investors turn first sod on Mataura Valley Milk plant

 [5 December/ Business Day: NZ Farmer] Directors, investors and dignitaries of Mataura Valley Milk have gathered at the plant site to celebrate the formal start of construction of the company’s new dairy factory. The plant would be operational by 1 August 2018 and would be valued at more than $200 million, employing 65 people. Mataura...