Search

Categories

Countdown on for Hunter Downs Water irrigation scheme

Countdown on for Hunter Downs Water irrigation scheme

[17 February/ Stuff] Hunter Downs Water (HDW) irrigation scheme managers have six weeks to sign prospective shareholders to solidify the scheme’s continuance. HDW chairman, Andrew Fraser, said for the scheme proceed there had to be sufficient support from farmers in the area. The $195 million project expects farmers to contribute...
Rural people help fire response

Rural people help fire response

[20 February/ The New Zealand Farmers Weekly] Rural Christchurch communities worked together as 2,000 hectares of Port Hills was in flames late last week in what has been described as the biggest and worst New Zealand fire. Most of the damage was made in the Cashmere area, after hundreds of...
Pest problems continue to plague native ecosystems – study

Pest problems continue to plague native ecosystems – study

 [16 February/ Radio NZ Country] A new study has found that, globally, there are two new pest invasions every day. Professor of plant biosecurity at Lincoln University’s Bio-Protection Centre, Philip Hulme led a study with 44 international scientists which has linked human activities, particularly agricultural expansion, to pest increases. Professor...
A2 Milk first-half profit skyrockets on booming sales

A2 Milk first-half profit skyrockets on booming sales

[15 February/ Radio New Zealand] A2 Milk, a speciality infant formula and milk products company, has seen an almost quadruple increase in first half-profit figures, increasing from $10m for the six months ended December 2015, to $39.4 million in the current year. Sales have almost doubled last year’s figure, with...
Hives on track with BuzzTech

Hives on track with BuzzTech

[ 20 February/ The New Zealand Farmers Weekly] IT expert turned beekeeper and BuzzTech director, Julian McCurdy has created a software solution that gives apiarists the option to include high-quality sensors and monitors into their hive colonies, making it easier to track thousands of hives typically spanning hundreds of kilometres....
Ian’s Blog: Getting to the core of the job at hand

Ian’s Blog: Getting to the core of the job at hand

There have been numerous stories in recent weeks relating to New Zealand’s apiculture (honey) sector.  Fuelled by the belief in Manuka honey’s ‘unique’ active properties, local and international investors have viewed honey as a one way bet.  Despite the sectors growth, the news recently has been mixed; the harvest is...
KPMG Enterprise – Future of Food Seminars

KPMG Enterprise – Future of Food Seminars

KPMG Enterprise is hosting Breakfast Presentations by Ian Proudfoot, Global Head of Agribusiness in both Auckland (Friday 3 March) and Christchurch (Wednesday 29 March). If you would like to hear his insights on the future of food and beverage and the implications for New Zealand, register your interest here.
Latest entries

Partnership to drive innovation and change our primary industries

 [21 February/ National Fieldays Society Media Release] The National Fieldays Society has entered into a three partnership agreement with Farmlands Co-operative Society. The deal will see Farmlands become a major sponsor of the National Fieldays Society and a supporting sponsor of key events at Fieldays including the popular Rural Batchelor of the Year competition. Other...

Chicken glut drives Ingham’s earnings down

 [18 February/ Otago Daily Times] Ingham’s, a Sydney-based poultry producer, expects New Zealand’s chicken oversupply to continue this year. This will keep prices low and crimp the company’s local earnings. Ingham’s New Zealand division accounts for 15% of the company’s revenue, and has had to compete with low domestic prices. Ingham’s New Zealand saw its...

Cavalier reports sharply lower first-half net profit

[17 February/ National Business Review] Cavalier Corp says net profit for the six months to December was $31,000, showing a sharp decline from a $3.5 million profit in the same period a year earlier. The cost of reducing debt, rationalising inventory and restructuring impacted the first half profit figure, combined with the higher wool price...

Seed exports going up

[20 February/ The New Zealand Farmers Weekly] Export sales of grain and seed earned $180 million in 2016, with vegetable seed contributing 45% ($18 million) of total export earnings. 2016 export earnings saw a 4% increase, with Grain and Seed Trade Association general manager, Thomas Chin, saying New Zealand is regarded as a premier producer...

Northland farmers welcome wet weather

[19 February/ Radio NZ] Due to having had no rain since October 2016, the government declared a drought in Northland in early February. However, according to Metservice, about 90mm of rain has fallen over the region since Friday, with more forecasted on February 19th. Northland Rural Support Trust co-ordinator Julie Jonker said that the drought...

Farmer gives Agrigate the tick of approval

[17 February/ Rural News Group] Agrigate, an online tool developed by Fonterra Farm Source and LIC that helps farmers improve farm performance was launched recently. The tool uses existing data to judge the interaction between factors such as weather conditions, animal health, milk production, financials, pasture cover and fertiliser applications to allow farmers to make...

Unhappy Agria shareholders threaten class action over delisting

 [20 February/ NZ Herald] The majority owner of PGG Wrightson, Agria Corp, has been delisted from the New York Stock Exchange leading to shareholders in the company to threat class action. Agria, which controls 50.22% of PGG Wrightson’s shares, was subject to a NYSE investigation last year when the exchange announced that a ‘top executive...

Firearm confiscated as Marlborough farmers battle quake trauma

[19 February/ Stuff] Emotionally delicate and exhausted farmers attempting to rebuild their lives after the earthquake are at snapping point, with policemen having to confiscate some guns for fear of self-harm. Psychological effects of the disaster are beginning to show in south Marlborough, as most farmers are living in houses with cracked ceilings and broken...

Fire risk extreme in rural Canterbury as dry conditions continue

[15 February/ Stuff] Rural fire services have been stretched after another Canterbury wildfire in Port Hills. Director of conservation services for the eastern South Island, Andy Roberts, said 50 Department of Conservation employees are also helping with the Port Hills fires. Roberts also noted that “it has been very dry and very windy and almost...

US Meat giant trials high-end pork product

[20 February/ Global Meat News] Tyson Foods is using the Annual Meat Conference in Dallas, Texas to launch an ultra-premium range of pork products under its Chairman’s Reserve Prime Pork brand. The product, which is targeted at retail and food service clients, is an all-natural product that is barely processed, hand selected and hand trimmed....

Ag Committee weighs whether SNAP should pay for sugary drinks

[20 February/ Food Navigator USA] SNAP benefits (or food stamps) funded by the US Federal Government should not be able to be used to fund sugar beverages and other foods that offer no nutritional value or contribute to obesity and related chronic diseases according to submissions to the House Agriculture Committee. Research by the USDA...

Unilever shares slide after Kraft Heinz withdraws USD143 billion bid

 [20 February/ NZ Herald] Shares in Unilever fell significantly on news that Kraft Heinz has withdrawn its USD143 billion takeover offer. The companies said that the offer had been amicably abandoned, despite the opportunity to create a merged company that would have rivalled Nestle as the world’s biggest packaged food maker. Analysts note that Kraft...

Sun Basket raises USD15m: ‘Our goal is become America’s favorite way to make healthy organic meals’

 [20 February/ Food Navigator USA] Sun Basket has raised USD15 million USD in a Series C funding round, enabling the brand to finish a third distribution centre and have access to 98 percent of United States consumers. Sun Basket allows customers to cook organic restaurant-quality meals at home, as the portioned ingredients and recipes are...

Chinese vice premier stresses agricultural supply-side reform

[18 February/ China Daily] The “No. 1 Central Document” is traditionally the first policy statement released by the Chinese central authorities annually. The document has been committed to agriculture, farmers and rural areas for the past 14 years, and calls for a supply-side focus to boost the agricultural sector. Chinese Vice Premier, Wang Yang has...

Kraft makes bid for Unilever

[18 February/ Otago Daily Times] Although rejected by maker of Lipton tea and Dove soap, US food firm Kraft Heinz offered USD143 billion for Unilever in an attempt to create a global consumer goods giant. Under UK takeover rules, Kraft has until March 17 to make a final bid. Unilever shares rose to a record,...

Young men shun products with health claims, Spanish study suggests

[17 February/ Food Navigator] Researchers from the Agrifood Research and Technology Centre of Aragon (CITA) discovered in a recent test that young, healthy men are more likely to avoid products with health claims such as reduced-fat or high fibre. The researchers recruited 121 demographically-diverse subjects and asked them to choose between varieties of breakfast biscuits....

Ripple ‘Not Milk?’ campaign brands almond milk a ‘sham’ and tackles dairy over sat fat, sugar and sustainability

 [16 February/ Food Navigator USA] Ripple, a pea protein-fuelled brand, has created a new media campaign to challenge the nutritional and environmental credentials of dairy milk and classes almond milk a ‘sham’, with coconut and cashew milk considered ‘even worse’ in regards to protein content. The campaign attacks the amount of sugar, saturated fat, and...

Swedish supermarket tests lasers to label organic produce

[16 February/ New Zealand Herald] Laser marks have replaced labels on the organic avocados and sweet potatoes in some Swedish Supermarkets such as ICA, who in December started experimentations with “natural branding”. The natural branding process removes natural pigment from produce using low-energy carbon dioxide lasers, creating tattoo-like patterns such as the product name, origin...

A Guide to Seafood & Aquaculture Technology: Startups Raise USD193m in 2016 but More Innovation Needed

 [16 February/ AgFunder News] Seafood and aqua-technology start-ups raised USD193 million in 2016, seeing a 271 percent increase. Seafood-related start up investment increased, recording 28 2016 deals ranging from aquaculture systems, manufacturing fishmeal alternatives, biological therapeutics, farming insects for fishmeal, farming algae for fish and human consumption, and building farming hardware and software analytics solutions....

Millions to fight food industry sway, from a snack bar CEO

[February 16/ New Zealand Herald] Kind founder, Daniel Libetzky, is investing his own money to create “Feed the Truth”, a group dedicated to exposing corporate influence in nutrition, through educational campaigns and investigative journalism. Libetzky said a letter of intent will be signed to donate USD2.5 million annually for 10 years. Since launching in 2004,...

Quorn Foods settles lawsuit over controversial mycoprotein ingredient

[16 February/ Food Dive] Quorn Foods product, Mycoprotein, a product classed as “generally recognised as safe (GRAS)” by the Food and Drug administration (FDA), has become a controversial ingredient as consumer groups and other lawsuits claim the product causes fainting, nausea, anaphylactic reactions and death. The Centre for Science in the Public Interest (CSPI) has...

Cooperatives can improve India’s dairy industry, NDDB chair says

[15 February/ Dairy Reporter] Chairman of India’s National Dairy Development Board (NDDB) Shri Dilip Rath said that the Indian milk and milk product market is expected to grow annually by 15 percent, noting the efforts being taken by the industry to meet the growing demand for milk and maintain self-sufficiency and food and nutritional security....

Bio-security systems under threat as trade increases

 [19 February/ Stuff] An increase in imports has increased the pressure for New Zealand’s bio-security system to eliminate pests. Recently in Christchurch, a huntsman spider was found after boxed clothing items from Australia landed in a sportswear store. Canterbury Museum spider expert and curator of natural history Cor Vink said that as imports increase, there...

AgResearch and China plan joint research centre

[20 February/ Radio NZ Country] AgResearch is planning to form a joint research centre with China’s Nutrition and Health Research Institute and the College of Food Science and Nutritional Engineering of China Agriculture University. Li Day of AgResearch said the agreement was a good move for New Zealand scientists as it will enable them to...