Posts tagged "U.S."

Wilde Chicken Chips believes it can crack into breakfast time

[23 August/Food Navigator] Wilde Chicken Chips have reached nationwide availability at Whole Foods and Sprouts stores in the US. The company is planning to release a new flavour early next year of the chicken based snack that its founder, Jason Wright, believed would make the chips a breakfast item. Meat snacks have boosted the salty...

Vivera sees growing demand from US and Australian retailers

[1 August/Global Meat News] According to Vivera, it received requests from Australian and U.S. retailers to stock its plant-based meat products following its success in Europe. Its Head of Sales, Richard Janson, said it currently sells its products to 26 countries, which were reporting significant sales uplifts. Neilson recently released data showing plant-based meat sales...

US company buys NZ wool for home insulation

[5 August/Stuff] New Zealand wool producers have landed a contract to supply a U.S. company with fibre for home insulation. They claim wool was a healthier alternative to fibreglass, which has been disputed by fibreglass manufacturers. The deal would include 200 tonnes of Landcorp coarse wool supplied to Havelock Wool. Havelock Wool Managing Partner, Andrew...

NZ lamb prices break over $8/kg – highest on record

[5 August/NZ Herald] New Zealand lamb prices have reached their highest level ever. General Manager Livestock and Shareholder Services at Alliance Group, Heather Stacy, said the co-operative has a minimum price starting in September of $8.20 which was the highest it had ever paid. She expected prices to pull back after the traditional Christmas period....

Crop One Holdings teams with Emirates Flight Catering to double production of vertical farms

[26 June/Food Navigator] A USD40 million joint venture with Emirates Flight Catering would more than double Crop One’s daily production of leafy greens and expand its footprint internationally. Crop One would build a new facility in the United Arab Emirates and three new U.S. farms to produce herbicide and pesticide free produce daily to be...

Cibus Raises USD70m Series C for Gene Editing “Indistinguishable” from Traditional Plant Breeding

[26 June/AgFunder News] Gene editing company Cibus raised USD70 million in Series C funding. The round was led by Fidelity Management and Research Company. The company launched its first crop in the U.S. to be tolerant of sulfonylurea herbicides. It has also received regulatory approval in Canada. The company would also use its technology to...

Tasting the Impossible Burger with Air New Zealand

[3 July/NZ Herald] Business Premier customers travelling on Air New Zealand’s LA to Auckland haul will be offered the Impossible Burger for the next three months. It is a plant based innovation that is designed to save the planet. It has become a phenomenon in the U.S food tech industry for achieving the impossible, a...

Falling global supply growth sets tone for strong 18/19 dairy season

[22 June/Rabobank] According to Rabobank’s Dairy Quarterly report, supply growth stalled across the major dairy regions in recent months. A New Zealand milk price of $6.80 was now within reach according to the report. The bank said that with milk supply growth out of Europe and the U.S. failing to meet market expectations, global farmgate...

Why Costco’s avocados will last twice as long

[19 June/Food Dive] Apeel Sciences has developed technology that can more than double the shelf life of fruit, helping consumers, retailers and the environment by cutting down on food waste. The company developed a powder that is sprayed on produce close the harvest and dried to create an extra layer of material to slow the...

Gotham Greens Raises USD29m Series C for Urban Greenhouses

[20 June/AgFunder News] Gotham Greens raised USD29 million in Series C funding. The main contributor was Creadey which is the private equity arm of the Mulliez family. Gotham Greens is a mature player in the U.S. indoor agriculture startup scene. It has three commercial scale greenhouses in New York and one in Chicago. Gotham Greens...

Double whammy: U.S. pork, fruit producers brace for second wave of Chinese tariffs

[21 June/Reuters] U.S. pork producers who are already suffering from duties due to the trade dispute with China were expecting further pain after Beijing added additional tariffs which would come into effect next month. Both U.S. pork items and a range of fruit and nuts were included in the second round of tariffs as well...

Pressure on processors’ margins

[2 April/Farmers Weekly] Less aggressive buying by Unites States manufacturing beef importers put pressure on New Zealand processor margins. American feedlots are well stocked at this time of the year, and importers were aware of the New Zealand supply trends according to Anzco Foods General Manager of Agriculture and Livestock, Grant Bunting. He said this...

Canada wants clearer warnings on junk food. The US is using NAFTA to stop them

[26 March/CNBC] The obesity crises is now worldwide. In Chile, health officials were trying to revolutionise nutrition labelling. In Canada 26 percent of adults are obese. They were considering becoming the first high-income country to adopt a warning system. However, if American trade representatives prevail they will not be able to implement this as they...

China hits back at US with tariffs

[2 April/Radio NZ] China responded to America raising duties on foreign steel and aluminium by imposing tariffs of up to 25 percent on US imports. According to Beijing, the decision was to safeguard China’s interests and balance losses caused by new US tariffs. China did not want a trade war however Donald Trump said trade...

Farmers given food for thought

[26 March/Rural Life] Professor Keith Woodford raised an idea that Hakataramea Valley farmers could market their products directly to consumers. The Hakataramea Sustainability Collective comprises farmers whose aim is to assist and encourage the protection and enhancement of the valley’s environment and promote sustainability. Mr Woodford was optimistic about the sheep industry and wasn’t concerned...

Trade war rips through farm world; soybean, hog prices fall

[24 March/Bloomberg] Following President Trump’s announcement of tariffs on Chinese imports to the US, China has been quick to implement reciprocal tariffs on U.S. imports which put commodities in the middle of a trade war. Soybean and hog futures fell as a result. Other commodities such as steel, ethanol, almonds, fresh and dried fruits were...

Mataura Valley Milk offers strong milk price

[9 March/NZ Farmer] Mataura Valley Milk General Manager, Bernard May, said the company was offering a competitive milk price with a supply premium of 20 cents per kilogram of milk solids. This was along with other incentives adding up to a total payment advantage of up to 55.5c/kg. He added that he was confident it...

New Zealand wines a cut above Aussie quaffers in US market

 [26 February/NZ Farmer] For the second year running, New Zealand has been ranked the third biggest wine importer by value to the United States behind Italy and France. When compared to Australia, NZ exports only 7.7 million cases to the United States whereas Australia exports 20.6 million. However, the total value of our wines of...

Nestle buys majority stake in organic food company Terrafertil

[9 February/ CNBC] Nestle has announced that it has acquired a majority stake in Terrafertil, a company that sells natural and organic plant based foods continuing its strategy to build a portfolio of products in the healthy food space.  The size of the investment or its ownership level in the business were not disclosed.  Terrafertil...

US dairy sees ‘strong advocate’ in nominee Gregg Doud as USTR chief agricultural negotiator

[6 February/ Dairy Reporter] The US Dairy Exporters Council and National Milk Producers Federation have both urged the US Senate to swiftly approve the nomination by the Trump Administration of Gregg Doud to the role of Chief Agricultural Negotiator in the Office of the US Trade Representative.  Mr Doud’s nomination has been on hold since...

Manuka Honey: Buzz builds for New Zealand superfood

[2 February/Food Navigator USA] The unique health benefits of Manuka honey are starting to make a mark in the US market with the market leader, Wedderspoon, reporting record sales across all retail channels in 2017.  Wedderspoon has calculated that its products accounted for 73% of the combined growth in the Manuka category across conventional grocery,...

‘Hallelujah’ moment: Revised TPP to be signed in March

[24 January/Radio New Zealand Business] Trade Minister, David Parker, has confirmed that the Trans Pacific Partnership is to be signed in March following talks in Tokyo.  The 11 remaining nations, following the USA withdrawing last year, have revived the agreement that will eliminate more than 98 percent of tariffs in the free-trade zone.  The deal...

Cargill gives peas a chance through investment in Minnesota protein supplier

[18 January/Food Dive] Cargill has taken another step to position itself for the emergence of new forms of protein through an investment in Puris, Minneapolis based pea protein supplier.  Tyler Lorenzen, Puris President, said that the financial backing and market reach of Cargill will assist the company in expanding operations globally.  The company has recently...

Nutella owner buys Nestle’s US candy business for USD2.8 billion

[17 January/Food Dive] Nestle has announced that it will be completing its exit from its US confectionary business through a sale of the business to Italian family owned company, Ferrero.  Ferrero is best known for the Ferrero Rocher pralines as well as Tic Tacs and Nutella.  The sale includes more than 20 American candy brands...