Cheaper dairy prices in store as auction falls
Date: 3 May 2012Shoppers could see the cost of dairy products fall as strong supplies and concerns about global growth cut into international prices. The average price for a basket of products in dairy company Fonterra's latest online auction yesterday dropped 2.4 per cent and has fallen in eight of the past 10 fortnightly events. The average winning price in the auction was US$2843 ($3495) a tonne, compared with US$4367 about a year ago and the lowest since August 2009. According to ... more
New Over/Under Scales Speed Production, Improve Hygiene
Date: 3 May 2012With open, stainless steel construction that stands up to repeat wash-downs, new, portable METTLER TOLEDO ICS4_9 and ICS6_9 food scales help manufacturers address both food safety and bottom-line pressure at the same time. ColorWeight® displays reduce eyestrain; audit-quality tracking enhances traceability. Production becomes faster, more transparent—and ultimately more profitable. These rugged, easy-to-clean and portable scale models make up a new family of over/under ... more
A Thinking Party
Date: 2 May 2012That’s the theme for Pinot Noir NZ 2013 - to be held in Wellington in January. Pinot Chair Alastair Maling MW says while there will be plenty of splendid Pinot poured he expects everyone to contribute to the talk. “Most events have speakers where the audience just listens. Our event will have the audience debating the relevance of natural wines - or if funky means faulty, or whether terroir is more about marketing than place.” “Kiwi winemakers love a ... more
Food & beverage report highlights real opportunities
Date: 2 May 2012Economic Development Minister Steven Joyce has welcomed a new report that provides wide-ranging insights into the food and beverage industry. “The Food and Beverage Information Project’s Industry Snapshot is the definitive outline of the state of the industry in New Zealand,” Mr Joyce says. “Food and beverage is a great Kiwi success story and there are huge opportunities opening up. Asia now buys 40 per cent of our total food and beverage exports while the UK ... more
FGC welcomes reduction in acrylamide
Date: 1 May 2012The Food & Grocery Council is welcoming a significant drop in concentration of acrylamide in potato crisps, and says it will continue to work with industry to find ways of lowering its levels in other foods, CEO Katherine Rich said today. She is responding to the release of a report – Acrylamide in New Zealand Food and Updated Exposure Assessment – prepared by the Institute of Environmental Science & Research (ESR) for the Food Safety Authority (now the Ministry for ... more
Skills for further innovation at FPG
Date: 30 Apr 2012Napier-based company Future Products Group manufacture a vast range of temperature controlled food display units to a veritable who’s who of international and national customers. Here in New Zealand, their products feature in several hundred PAK’nSAVE supermarkets, BP outlets and McCafe stores. The company prides itself on its innovatively designed solutions giving customers a competitive advantage to sell more products, plus the benefits of long-term business partnerships ... more
First-time presence for New Zealand wine at VINEXPO ASIA PACIFIC
Date: 27 Apr 2012New Zealand will present its largest ever showcase of premium wines in Hong Kong at Vinexpo Asia Pacific taking place on 29-31 May this year. The first-ever Vinexpo Asia Pacific New Zealand Wine Pavilion will feature 20 wineries pouring 120 wines from the country’s leading wine growing regions, a reflection of the strong growth of New Zealand wine exports to Hong Kong, mainland China and the greater Asia region. Co-sponsored by the New Zealand government, the ... more
DB brew skills recognition
Date: 27 Apr 201218,850 hours of learning is a lot – but this is how much time DB Waitemata Brewery has invested over the last three years to train its staff to be the best. “Back in 2009 we started with a vision – a vision to upskill all our staff and to achieve 400 unit standards by the end of the year,” says Chris Heketoa, DB’s Supply Chain Training Manager. Since this vision, Chris and the team at DB have seen their supply chain staff achieve over 100 qualifications, ... more
Chinese interest in Russian-owned NZ dairy plant
Date: 24 Apr 2012A $100 million Waimate dairy factory owned by Russian investors, and now being eyed by Chinese interests, will keep processing despite the Russians' parent company collapsing, an adviser says. Nutrinvestholding, the parent company of Russian baby-food producer Nutritek, was declared bankrupt late last month by the Commercial Court in Moscow. Nutritek owns a dairy factory at Studholme, near Waimate, employing about 60 people. It acquired the factory in 2008 by buying shares in New ... more
Fonterra to hold special shareholders meeting to discuss TAF
Date: 23 Apr 2012The Chairman of Fonterra, Sir Henry van der Heyden, said today that the Board would hold a special meeting of shareholders on 25 June to discuss the detail of Trading Among Farmers, give shareholders a final vote and unify the Co-operative. Sir Henry said the Board was in a challenging position because while the majority of shareholders was urging directors to get on with Trading Among Farmers, there was a small group of shareholders who had concerns and were particularly vocal in the ... more
