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Govt announces $2m funding for primary sector

Govt announces $2m funding for primary sector

[16 March/ Radio NZ] At the Central Districts Fieldays, The Ministry for Primary Industries has announced over $2 million worth of funding for the agricultural sector from the government’s Sustainable Farming Fund. Minister for Primary Industries Nathan Guy announced the first three projects, of which $1.2 million of the funding...
New Zealand King Salmon taking pet food foray to US

New Zealand King Salmon taking pet food foray to US

[15 March/ Stuff] New Zealand King Salmon’s food enterprise, Omega Plus, is showcasing their product at the Global Pet Expo in Orlando, Florida, this month. The expo attracts over 1000 companies featuring more than 3000 product-launches. The Omega Plus pet food range, launched last year, includes a dry kibble product,...
Top performance mānuka seedlings in high demand

Top performance mānuka seedlings in high demand

[20 March/ New Zealand Herald] Close to two million mānuka seedlings are expected to be sold for planting next year, and Mānuka Farming NZ has increased production of its high-performance seedlings by over 500 percent in three years. Mānuka Farming NZ is the commercial arm of Mānuka Research Partnership Ltd...
Virtual farm tour wins prize for Fonterra

Virtual farm tour wins prize for Fonterra

[17 March/ Rural News Group] Fonterra’s trade stand at the Gulfood Innovation Awards in Dubai won the top innovation Gulfood award. The event attracted 5000 exhibitors from 120 countries, drawing in 90,000 food professionals from 150 countries over five days. Fonterra General Manager Middle East for NZMP, Santiago Aon, said...
Kiwifruit has multi-billion dollar future: Agri-boss Ian Proudfoot

Kiwifruit has multi-billion dollar future: Agri-boss Ian Proudfoot

 [21 March/ New Zealand Herald] KPMG Global Head of Agribusiness, Ian Proudfoot, said the New Zealand kiwifruit industry could grow over the next 10 years into a $10 billion industry by increasing its share of added value. Kiwifruit exports totaled $1.9 billion in 2015-16. The current target is to more...
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China key to wool sales

 [20 March/ Otago Daily Times] ANZ’s latest Agri Focus report says increased Chinese demand is necessary for a more sustained upturn in wool prices. New Zealand exports to China through the first half of 2016-17 were 37 percent below the same period last year. This result was due to lower end-product demand in Europe and...

Countdown says loyalty data could whisk egg refunds to customers

[17 March/ Stuff] Countdown is deciding whether to use their Onecard loyalty scheme information to assess who might need refunding for their egg purchases after Palace Poultry may have sold the supermarket-chain cage-laid eggs claiming to be free-range. Countdown’s Onecards are designed to build customer loyalty, and help customers receive refunds as they are due...

Import costs spark call for domestic medicinal cannabis industry

[19 March/ Stuff] Medicinal cannabis patients are disappointed as shipping costs have made new product, Tilray, more expensive than previously thought, and are calling for a medicinal cannabis industry establishment to reduce costs. Tilray was initially thought to be half the price of Sativex, an earlier-approved medicine. However, shipping costs from Canada of up to...

TBfree investment now paying off for farm areas

[20 March/ New Zealand Herald] With the goal of full eradication of bovine TB from New Zealand by 2055 in sight, the farming industry’s investment in TB eradication is paying off as programme managers lift restrictions on stock movements in formerly sensitive areas, and adjust the requirements for time-consuming TB testing. These changes will affect 2.3...

Govt opens door to a price on freshwater

[20 March/ Otago Daily Times] Ministers are writing to a technical advisory group to investigate a water allocation price in relation to the relatively small bottled water industry, and particularly whether companies should be charged to export bottled freshwater. Prime Minister Bill English said any charge would mark a fundamental shift in policy, with the...

CropLogic prepares for ASX listing

 [16 March/ Otago Daily Times] CropLogic, a Christchurch-based developer of technology, allows farmers to more accurately control inputs such as fertiliser and water by modelling plant growth by gathering field data and making crop prescriptions and management recommendations. The company has already raised just over $1 million including $512,000 via crowdfunding platform Equitise, plans to...

Premium products the key to turning NZ into ‘restaurant of the world’

 [17 March/ Stuff] The ASB Perspective 2025 panel discussion focused on what New Zealand needs to do to become the “restaurant to the world” by 2025. KPMG Farm Enterprise Specialist Julia Jones said listening to customers in overseas markets, looking at trends like alternative proteins and synthetic non-animal milk, and moving with the times would...

Competitors keen to perform well at TeenAg

[20 March/ Otago Daily Times] TeenAg, a programme developed to stimulate youths interest in agribusiness, consists of two core elements, schools-based TeenAg clubs and TeenAg competitions. Local farmer Nigel Woodhead, representing Otago-Southland, is aiming to win the title, and Tokomairiro High School pupils Levin Coulter and James Scanlan will also be chasing victory in the...

Auckland student extols virtues of studying agriculture

[16 March/ Stuff] At a future leaders’ meeting held during a series of events including Central Districts Field Days, Mt Albert Grammar student Fatima Imran disagreed with her fellow students’ opinion that agricultural studies is a “bum” subject, and the class made her obsessed with the industry, encouraging more and more of her fellow students...

Environment, crime and water on the political agenda at Field Days

 [19 March/ Stuff] Biosecurity, environmental and water concerns were high on farmers’ agendas at the Central District Field Days. Most major political parties had representatives at the Field Days, with National party member and Rangitikei MP Ian McKelvie saying constituents were increasingly interested in talking to political figures at the events.  Labour Party Spokesman for...

Economic growth eases as dairy dips

[16 March/ Radio NZ] The economy has expanded at a slower rate than the previous quarter. Official figures revealed a 0.4 percent GDP expansion in the three months to December, a result lower than most economists had expected, compared to previous quarter’s 0.8 percent growth. Only half of New Zealand’s 16 industries rose, with the...

Brazilian giant meatpackers targeted in corruption probe

 [18 March/ New Zealand Herald] Brazilian meatpackers, JBS and BRF, bribed inspectors to keep rotten meat on the market. Part of the money allegedly paid by the meatpackers was channeled to two major political parties, President Michel Temer’s Brazilian Democratic Movement Party and the right-leaning Progressive Party, which is part of the president’s governing coalition....

“Soda tax” stakes escalate in pivotal Philadelphia fight

 [18 March/ New Zealand Herald] A tax on sweetened drinks was implemented in Philadelphia on January 1st, negatively impacting beverage manufacturers to the point of having to cut jobs, while city officials say such comments are a ploy to strike the tax. The tax is levied on transactions between beverage distributors and retailers. Officials claim...

Lab-reared chicken and duck meat could be in shops within four years

[16 March/ The Daily Telegraph] Memphis Meats Founders Dr Uma Valeti and Dr Nicholas Genovese have unveiled the world’s first test-tube chicken, and hope to start supplying supermarkets within four years. Memphis Meats have also created duck meat. Memphis Meats CEO, Dr Valeti said it is a significant technological leap for human kind, and an...

Donald Trump proposes huge EPA budget cut to stop environment agency researching climate change; ‘You can’t drain the swamp and leave all the people in it’

 [16 March/ The Independent] Donald Trump wants to cut the US Environmental Protection Agency’s spending by about USD$2.4bn. The cut equates to nearly a third of the total budget and would mean a forced cancellation of climate change research, a reduction of work on air and water quality and would cause 3,200 employees to lose...

ConAgra Brands snaps up Duke’s and BIGS Seeds: ‘We’re reshaping our portfolio to be more premium and modern’

 [16 March/ Food Navigator USA] ConAgra Brands has agreed to buy protein-fuelled snacks business Thanasi Foods, maker of Duke’s meat snacks and BIGS seeds. ConAgra Brands CEO Sean Connolly said the purchase will extend the brand’s meat snacks and seed business into faster-growing, more premium and modern segments. For the 52 weeks to December 25,...

Sports nutrition – 5 key trends for 2017

 [16 March/ Dairy Reporter] The sports nutrition industry has grown from USD$6.7bn in 2010 to USD$10.8bn in 2015. The industry has seen a customer-base expansion, with the emergence of fitness lifestyle users- experimental, brand-conscious, wellness evangelists who see fitness as key to their high-performance lifestyle. The whey protein market is expected to be worth USD$13.5bn...

Central Districts Field Days vital for Feilding’s small businesses

[20 March/ Stuff] The Central Districts Field Days created a cash injection for local Fielding businesses. The agribusiness festival created economic benefits spanning across all hospitality and retail stores in town, with South Street West Motel owner Pauline Sarjeant noting Field Day attendees netted the motel $15,000 over the three-day event. Feilding Motel owner Val...

Beef prices boosted by US demand

 [21 March/ Otago Daily Times] In ASB’s latest Commodities Weekly, ASB senior rural economist Nathan Penny said beef prices (P2 steer/kg) had lifted 2.5 percent since the end of 2016 so far, and would set a new record for the month if prices maintained their average over March. Australia’s lack of beef supply and strong...

Prime Range Meats’ growth aided by Chinese investors

 [14 March/ Stuff] Workers and suppliers of Southland meat processor Prime Range Meats (PRM) are reaping the benefits of new Chinese investment. A stable Chinese distribution network is in place as promised when Chinese investors first bought 75 percent of the plant. Prime Range Meats took advantage of strong demand for mutton and lamb for...

Fonterra to get discretion over dairy conversions

[16 March/ Otago Daily Times] The Dairy Industry Restructuring Amendment Bill has been tabled by Primary Industries Minister Nathan Guy, giving Fonterra discretion to accept shareholder applications from new dairy conversions from the 2018/19 season. Currently, Fonterra is obliged to accept all new milk offered. Fonterra believes this is no longer efficient or necessary. The...

Tenon shareholders back sale of Taupo mill, winding up

 [20 March/ New Zealand Herald] Tenon shareholders have backed plans to sell the firm’s Taupo Clearwood wood processing mill to a consortium of US and New Zealand investors and conclude business. The $55 million sale, trumping seven other offers, would see two capital returns expected to produce $2.12 per share for investors, followed by an...

NZ at forefront of timber renaissance for commercial buildings

[19 March/ Stuff] Head of Operational Excellence at Lend Lease, Daryl Patterson, is convinced timber buildings are a choice of the future. Mr. Patterson has worked to convince Lend Lease bosses, with their concerns about vibration, noise, fire resistance, building methods and thermal qualities dispelled after being taken to see completed timber buildings. The 10-level...

Growth in deforestation commitments hides transparency issues

[17 March/ Food Navigator] The number of manufacturers using one of the four key commodities linked to deforestation has increased from 67 percent to 71 percent. Supply Change analysts identified 718 companies are “exposed” to these big four commodities, meaning they use palm oil, soy, cattle or timber as part of their core business. 447...