Posts tagged "KPMG"

Goat meat a future food for farmers

[1 November/Hawkes Bay Times] The Future Foods Conference in Napier saw more than 200 people hear that the best opportunity for Hawkes Bay to develop more value-added products was through focusing on goat meat rather than plant-based alternatives. Natasha Telles D’Costa told the conference that goat meat is the world’s most consumed meat with a...

Farmlands: profit doubled, revenue up

[1 November/ODT Rural Life] Rural supplies and services co-operative, Farmlands, has announced its annual results with revenue increasing more than 10% to $2.39 billion and profit increasing to $12.2 million. The strong financial result has enabled Farmlands to reintroduce a year-end rebate for shareholders, with $6.1 million to be distributed split between a cash payment...

Rural areas can keep banks – if govt willing to pay for them

[3 September/Stuff] Regional Development Minister, Shane Jones, was told that if he wanted banks to continue to offer branches is rural areas, the Government may need to contribute. He criticised banks for closing branches in provincial towns, and suggested they should be obliged to service rural areas. New Zealand banks made cumulative profit of $5.19...

Farmlands Co-operative wins KPMG Global Customer Experience Excellence (CEE) Award

[13 July/Farmlands] Farmlands was named as the New Zealand winner of KPMG’s Global Customer Experience Excellence Award. It was one of 14 winners worldwide, and joined an elite group of iconic brands that included Singapore Airlines, Emirates and Apple. Farmlands Chief Executive, Peter Reidie, said the accolade was a vote of confidence in the power...

Speed up clean rivers – blunt Fieldays take home message

[22 June/Stuff] In an opinion piece, Martin Taylor, the CEO of Fish and Game New Zealand notes one of the big take homes from Fieldays wasn’t a nice new piece of equipment, but was a blunt message delivered by KPMG in its Agribusiness Agenda that agriculture needed to deliver on Kiwi’s desire for swimmable rivers...

Biosecurity onus on all of us, says Minister of Agriculture Damien O’Connor

[13 June/NZ Herald] Agriculture and Biosecurity Minister, Damien O’Connor, said all New Zealanders needed to participate in biosecurity as a reflex action. He told KPMG’s Fieldays Agribusiness Leaders’ Breakfast about the Government’s Biosecurity 2025 direction. An important part was to create better understanding of the importance of biosecurity for every New Zealander. He noted thinking...

The KPMG Agribusiness Agenda 2018 is now available for you to download and read from our website for free.

The report can be accessed by clicking here https://home.kpmg.com/nz/en/home/insights/2018/06/agribusiness-agenda-2018.html

Listen to Ian Proudfoot talking to Susan Murray of Radio New Zealand at Fieldays on the Agribusiness Agenda:

https://www.radionz.co.nz/national/programmes/countrylife/audio/2018649477/kpmg-agribusiness-agenda-2018

Rural sector must fight back

[13 June/Farmers Weekly] KPMG Global Head of Agribusiness, Ian Proudfoot, said the unbalanced narrative surrounding primary industries was no longer an inconvenience or annoyance but was putting the sector at risk and needed to be addressed. This would be done through telling positive stories about the agri-food sector in New Zealand according to the 2018...

Urban sprawl and the land that keeps on giving

[17 November/New Zealand Herald] Local growers in the Pukekohe region are concerned that their soil is under threat from urban sprawl. Soil Scientist Fiona Curran-Cournane explained that the soil type, climate, and versatility of the land were all ideal for crop development. It is rated class one on the scoring system for land fertility (scores...

Labour backs new agri food advisor

[6 July/ Rural News Group] Labour, if elected, plans to appoint a chief agri-food advisor with status similar to that of the present chief science advisor to government. KPMG’s recent Agri Business Agenda proposed this idea; however, Labour Spokesman on Primary Industries Damien O’Connor said the proposal has always been a part of Labour’s policy....

Focus on consumers of food critical to the success of NZ economy

The success of the agri-food sector is dependent on individuals across the industry placing consumers at the centre of everything they do, according to the 2017 KPMG Agribusiness Agenda: The Recipe for Action. Based on contributions from more than 100 industry leaders, the Agenda explores what needs to be done to capture more of the...

Snuggle up to consumers – KPMG

[21 June/ Rural News Group] The KPMG Agribusiness Agenda released last week focused on developing truly NZ cuisine, creating innovative food products and getting up close to our customers. KPMG Global Head of Agribusiness, Ian Proudfoot, said the future for New Zealand’s agri-food sector depends on producing artisan, niche, premium quality, safe and sustainable food...

Fran O’Sullivan: We’re on your side, National Party’s Nathan Guy tells farmers at Fieldays

[15 June/NZ Herald] At the annual KPMG Business Leaders breakfast at Mystery Creek, Primary Industries Minister Nathan Guy said National Party was defending the primary sector against critics. Mr Guy was joined by a group of National Cabinet ministers intending to be seen supporting the primary sector at a time when the election was nearing....

Bold action needed on freshwater quality, NZ farming leaders say

[14 June/ Stuff] KPMG Global Head of Agribusiness Ian Proudfoot said the agri-food sector and urbanites gap had become so deep and wide that it could be a significant challenge to overcome. Mr Proudfoot added achieving scientific swimmable waters by 2040 is too late, and heavy action on water is required to preserve the license...

Time for a new approach for NZ agriculture – KPMG

[14 June/NZ Herald] In its latest edition of Agribusiness Agenda, KPMG said agri-food sector success was dependent on placing consumers at the centre, and farming needed to move to a market, value-based focus. KPMG Global Head of Agribusiness Ian Proudfoot said creating and capturing value fell on people and organisations involved in the industry, and...

Event: TechWeek17

As technology transforms the global food industry, Auckland Tourism, Events and Economic Development (ATEED) in partnership with Techweek17 has assembled an international panel of progressive thinkers to challenge, inspire and showcase the evolution of the food sector. The event, FOOD + TECH, is an opportunity to engage with the likes of Ian Proudfoot, Head of...

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...

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 than double sales to $4.5b...

KPMG a lead partner of new Food Agility CRC

 [7 March/ KPMG] KPMG in Australia has been announced as a founding ‘Lead Partner’ in Australia’s Food Agility Cooperative Research Centre (CRC). The CRC has built over $160 million in cash and in-kind commitment from partners committed to supporting the fast tracking of the digital transformation of Australia’s food and agricultural sector. The CRC Programme...

Warning on complacency

 [20 February/ Dairy News] The rapid increase in dairy prices is leading to complacency which could create issues according to KPMG’s Global Head of Agribusiness, Ian Proudfoot. KPMG have observed a strong correlation between better prices and complacency, with some changes that had been considered to respond to low milk prices being put on hold....

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 significantly down as strong winds...

A year of contrasts: Agtech funding dips to USD3.2bn while deal activity rises 10 percent in 2016

[31 January/ AgFunderNews] Investment in agricultural technology start-ups declined 30 percent year-over-year to USD3.2billion in 2016, however the number of deals closed increased to 580 due to an increase in seed stage activity. This pullback was anticipated, especially due to a weakening global venture capital market. KPMG’s VenturePulse report noted a 25 percent decrease year-over-year...

The ups and downs of 2016 – the year in review

[20 December/ Rural News] According to Rural News, highlights of the year included the successes of Zespri and the kiwifruit sector, the rise of Lewis Road Creamery, and the deal between Silver Fern Farms and Shanghai Maling. Other highs included the sharp increase in dairy pay outs, Federated Farmers’ response to the Kaikoura earthquake, and...