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Dairy product prices slide amid confidence in outlook for supply

Dairy product prices fell at the Global Dairy Trade auction, declining for the sixth time in nine auctions, amid bets on sufficient supply. The GDT price index fell 1 per cent from the previous auction two weeks ago to US$3,204. Some 35,669 tonnes of product was sold, down from 37,990 tonnes at the previous auction. Whole milk powder slipped 0.5 per cent to US$3,014 a tonne. Rennet casein dropped 8.6 per cent to US$5,612 a tonne, while skim milk powder slumped 5.6 per cent to ... more

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Fonterra food service business tops $2 billion in revenue

Fonterra’s Foodservice business, Anchor Food Professionals, became New Zealand’s sixth biggest export business today, having generated more than $2 billion in annual revenue over the past year. Fonterra Chief Operating Officer, Consumer and Foodservice, Lukas Paravacini, said the achievement is the result of changing lifestyles by consumers and a new way of working, which is about partnering with customers to help their businesses succeed in this rapidly growing industry. ... more

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Hawke's Bay free-range chickens in hot demand in Hong Kong

A growing appetite for organic chicken in China has put a Hawke's Bay company on the global food scene. Kiwi brothers Ben and George Bostock, who own Bostock's Organic Free Range Chicken, have started supplying their product to top supermarket chains and restaurants in Hong Kong. A recent trip to Asia's food capital has secured supply contracts to three of Hong Kong's major supermarket chains and a string of high-profile restaurants. Ben Bostock said he and his brother George were ... more

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Original Foods Baking Co. takes the cake in 2017 Champion Canterbury Business Awards

One giant inflatable donut, two very impressive trophies and a crowd of 500-plus enthusiastic businesspeople combined last night to see Christchurch’s Original Foods Baking Co (OFBC) awarded winners in the 2017 Champion Canterbury Business Awards. OFBC won the title of Champion Producer/Manufacturer (medium-large enterprise) and then overall Supreme Winner (medium-large enterprise). Celebrating its 26th year in business, the family-owned, wholesale manufacturer is a New Zealand ... more

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Learn the basics of labelling with Zubi

Zubi Labelling Event in Christchurch Zubi has teamed up with McFoodies Food Consultancy Services to cover the basics of getting your products label ready to go!. Topics covered will be: Ingredient Declarations, Additives, Allergens and NIP. Event details: Thurs Nov 2 10:00 - 15:30 (with a break for lunch)  BNZ Centre, Level 3, 101 Cashel St, Christchurch These topics will be presented in a lecture style and there will be a practical component of using ... more

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Dairy prices ease at global auction, butter toppled from record

Butter was toppled from its record high and wholemilk powder prices - against market expectations - fell 2.7 per cent at this morning's GlobalDairyTrade auction. Overall, the GDT price index fell by 2.4 per cent, and prices fell for all products on offer apart from cheddar and rennet casein, which gained by 1.9 per cent and 0.9 per cent, respectively. Whole milk powder prices, which have the greatest bearing on Fonterra's farmgate milk price, dropped to US$3037 a tonne from $3122 a ... more

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Holly Brown appointed Zespri GM Greater China

Long-serving Zespri executive Holly Brown has been appointed to the new role of GM Greater China, with executive-level accountability for the territory of China, Hong Kong and Taiwan. Zespri Chief Executive Dan Mathieson says Ms Brown’s background in culture development, people leadership and organisational strategy sees her well placed for the new leadership role. “Holly will lead this fast-moving and increasingly-complex region through the next phase of ... more

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Growers of New Zealand goes live on Instagram

Global interest in the story behind healthy, fresh food has inspired Horticulture New Zealand to start an Instagram page where people can better get to know the fruit and vegetable growers of New Zealand, Horticulture New Zealand chief executive Mike Chapman says. Growers of New Zealand (@growersofnz) went live yesterday and already has sparked interest from New Zealand and around the world. Each week a grower will be profiled at work, and the seasonal crop they have been working with ... more

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Wild Fennel Co - journey adds to spice of life

This weekend marks a milestone for Dunedin gourmet food producer Wild Fennel Co as the doors open at its first store. Based in a Port Chalmers building, most well-known for featuring in Light Between Oceans, the store is the culmination of a long journey for Dan Pearson and his wife Jo. Not only are they opening the store on Saturday, but Dan will be running a stall at the Port Chalmers Seafood Festival. They are also in the finals of the gourmet category in the New Zealand Food ... more

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Dan Mathieson appointed as new Zespri Chief Executive

The Zespri Board of Directors has appointed long-serving Zespri executive Dan Mathieson as the company’s new Chief Executive, taking over from Lain Jager with immediate effect. Zespri Chairman Peter McBride says Mr Mathieson has an impressive track record over his 15 years with Zespri, with his most recent role as President of Global Sales & Marketing. “I am confident he will lead Zespri well and deliver growth and increasing value for our industry and ... more

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