Author Archive

Deer velvet deal signed with South Korean corporation

[15 November/Radio New Zealand] South Korea’s largest pharmaceutical company, Yuhan Corporation, signed a deal to launch a range of New Zealand deer velvet products. Yuhan Corporation signed a memorandum of understanding with Deer Industry New Zealand, and entered agreements with AgResearch and Alpine Deer Group. The pharmaceutical company plans to develop health food products and...

Sunfed Meats taken to Commerce Commission over labelling

[16 November/New Zealand Herald] Sunfed Meats has had a complaint from The Poultry Industry Association New Zealand (PIANZ) lodged to the Commerce Commission. The complaint raised concern over the word ‘meaty’ in the labelling for a new pea protein chicken substitute. PIANZ claims this could be misleading for consumers. The meatless meat is flying off...

Tegel’s plan for chicken farm to create jobs in Northland

[17 November/New Zealand Herald] Tegel Foods has applied to the Overseas Investment Office to set up a broiler chicken farm in Northland. The company has also lodged a resources consent application with Kaipara District Council. The farm will stock up to 1.3 million chickens and employ 28 people. The broiler chickens would be raised on...

Sunfed Meats plans to go global with plant protein ‘meats’

[16 November/Stuff] Auckland-based start-up Sunfed Meats produces a pea-protein chicken substitute and is looking for strategic investor partners to help it scale production so that Sunfed can manufacture for export. Chief Executive and Founder Shama Lee said Sunfed had received significant interest from the United States, United Kingdom and Australia. Ms Lee raised $1.5 million...

Federated Farmers back Fonterra

[16 November/New Zealand Herald] Federated Farmers are supporting Fonterra’s push to achieve zero carbon dioxide emissions both in New Zealand and globally. Federated Farmers Climate Change Spokesperson Andrew Hoggard said that the issue of reducing emissions was not limited to NZ and that he would like to see the government match the additional resources Fonterra...

NZ Farm Environment Trust shows need for balance

[16 November/New Zealand Herald] Newly elected chair of the New Zealand Farm Environment Trust Joanne van Polanen is looking forward to working with the new government on sustainability, environmental and animal protection efforts. Ms van Polanen was appointed at the Trust’s recent annual meeting. She believes the Trust is in a unique position to work...

Get to Market Series: Food and Beverage Commercialisation and Export Event

[BNZ Media Release] BNZ, The FoodBowl and Plant & Food Research are hosting their fifth Get to Market Series event. Attendees will be able to network with suppliers, customers and specialists in the Food and Beverage industry and discover more about how The FoodBowl, Plant & Food Research and the Bank of New Zealand can...

Ngai Tahu’s Watson & Son confident on comeback after $20 million loss

[16 November/National Business Review] Manuka honey firm Watson & Son reported a $20 million loss for the year ended 30 June 2017, after making a $4.6 million profit the previous year. This contributed to a $9 million deficit for parent Ngai Tahu Capital, owned by Ngai Tahu Holdings. Ngai Tahu Holdings Chief Executive Mike Sang...

Mycoplasma bovis found on another farm

[15 November/ New Zealand Herald] Mycoplasma bovis has been found on another farm in the South Island. Over four thousand cattle have been culled since the disease was discovered in New Zealand in July. Since its discovery, it has been detected on eight properties in Canterbury and Otago. The Ministry for Primary Industries said one...

Dairy Goat Co-operative earns $193m in revenue last season

[14 November/Stuff] Dairy Goat Co-operative (DGC) grew its revenue by $16 million to $193 million last season, helped by strong European markets. Outgoing DGC Chief Executive Tony Giles said the performance was in keeping with DGC’s growth over the past four to five years and was due to significant investment in market development globally. Mr...

Landcorp records a $50 million profit

[21 November/ Rural News Group] Landcorp has reported an after-tax profit of $51.9 million for the year to August 31. In its 2017 annual report, asset values increased to $1.81 billion in 2016-17 and debt fell from $219.6 million to $206.9 million. Recently re-branded as Pāmu Farms of New Zealand, Chief Executive Steve Carden said...

Lift in Waikato dairy farm listings as ageing farmers look to exit

[16 November/Stuff] A cold and wet spring has stunted the rural real estate market despite a significant increase in dairy farm listings in Waikato. A quiet winter selling period, tighter bank lending criteria, potential changes to the Overseas Investment Act and appalling North Island weather made showcasing any farms on the market challenging. PGG Wrightson...

Main TV networks decline to screen Young Farmer final

[16 November/Otago Daily Times] For a second year in a row, New Zealand free to air television networks TVNZ and TV3 have declined to screen the FMG Young Farmer of The Year contest. TVNZ and TV3 have declined due to shifting television priorities to more entertainment-based programmes. Contest Chairman Dean Rabbidge said the contest board...

High-end Norwegian merino clothing manufacturer targets high-country farmers

[20 November/Stuff] Two representatives from Devold, a high-end Norwegian merino clothing company, visited the livestock pavilion at the Canterbury A&P show. Since last year Devold has sourced merino wool from five South Island stations. Devold Chief Executive Cathrine Stange said the stations were taken on as partners. Stations include Armidale from Central Otago and Blairich...

Fightback against wildings picks up pace

[21 November/Stuff] Farmers, local communities and agencies of the Central Otago region have teamed up to tackle the expansion of the prolific weed wilding conifers. The national programme is led by the Ministry for Primary Industries and has support from a variety of agencies including Land Information New Zealand, the Department of Conservation, the New...

Juice joy: Coca-Cola files patent on ‘unexpected’ acerola find

[16 November/Food Navigator] Coca-Cola Company has unexpectedly discovered that cherry-like fruit acerola reduces enzymatic browning in fruit and vegetable juice, providing a natural alternative to current methods. The discovery is expected to help tackle one of the most pressing issues in the juice industry. Current methods to prevent browning include heat treatment and chemical treatment,...

Council backs new rules on EU organic production

[20 November/Food Navigator] The EU has made rule changes in the organic farming industry to reflect the significant changes that have taken place over the past two decades. The reforms intend to harmonise rules on production, ensure third countries comply with non-EU organic production, reduce red tape for farmers, and make it easier for new...

Fresh produce companies ‘are part of a food culture’

[20 November/Euro Fruit] Nic Jooste, Director of Dutch supplier Cool Fresh International, commented on how he believes the role of fresh produce companies is shifting away from being a supplier of ingredients to becoming part of a food culture of innovation. He said that Cool Fresh was changing their company focus, and was now looking...

Barilla launches venture capital fund and innovation hub

[20 November/Food dive] The Barilla Group started a venture capital fund and innovation hub called Blu1877. Blu1877 is expected to provide investments and assist in the growth of new technologies and innovations at Barilla’s pilot plant. Third party companies that work with the group will be given access to the company’s expertise and be able...

Lupin adds to dairy alternative options

[17 November/Dairy Reporter] At the recent Anuga show in Cologne, Germany, Prolupin exhibited its new vegan products. As well as the regular alternatives such as soy, almond and coconut, they also showcased their beverages and ice creams made from the plant lupin. The company specialises in lupin foods and found a valuable market with its...

AmazonFresh partners with Allrecipes to launch new shopping integration

[17 November/Food Dive] AmazonFresh and Allrecipes have partnered up to allow users to add recipe ingredients to their online shopping carts. Allrecipes has 80 million users and records 1.5 billion site visits per year. The service works by users selecting AmazonFresh as their preferred grocer. They then add ingredients from eligible recipes to their carts...

Danone focuses climate efforts on regenerative agriculture

[17 November/Food Navigator] French company Danone is joining forces with the French government’s 4/1000 international initiative on soil health as part of its goal to support regenerative agriculture and to become carbon neutral by 2050. This goal includes reducing full scope emission intensity by 50 percent by 2030. Between 2008 and 2016, Danone achieved a...

Cactus water start-up infuses ‘fun’ into plant waters: ‘We’re going for more of a youthful approach’

[15 November/Food Navigator] Napa Valley start-up Green-Go is launching its zero-calorie, organic cactus water onto the market. The product took around two years to develop from concept and combines filtered water, puree from the paddle of the nopal prickly pear cactus, nopal natural flavour, and lemon juice concentrate. Green-Go Founder Sarita Lopez said that the...

UK court allows Scotland to fight drinking problem with alcohol pricing

[15 November/CNBC] The UK Supreme Court has now ruled that Scotland can impose minimum price limits on alcohol. The minimum price per unit now starts at 50 pence. The move comes as Scotland seeks to improve their hazardous drinking statistics. According to Alcohol Focus Scotland, one in four Scots drink at harmful levels, and Scots...