2017 NZIFST Conference

NEWS - FOOD INDUSTRY

NEWS >> FOOD INDUSTRY

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Strong presence at World Expo 2020 vital, says FGC

Having a strong presence at World Expo 2020 in Dubai is a vital part of New Zealand’s strategy to diversify and to strengthen other growing markets for food products and services, says NZ Food and Grocery Council Chief Executive Katherine Rich. “Dubai is an important hub for many Middle Eastern markets and it’s been a key area of export growth over the past few decades. “Showcasing New Zealand at the Dubai 2020 Expo gives our country another great ... more

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Dairy prices rise for third time

Dairy product prices rose at the Global Dairy Trade auction, rising for the third time in a row and offering a boost to sentiment. The GDT price index gained 3.1 per cent from the previous auction two weeks ago to US$3,139. Some 22,927 tonnes of product was sold, up from 22,642 at the previous auction. Whole milk powder (WMP) climbed 3.5 per cent to US$2,998 a tonne. Skim milk powder (SMP) jumped 7.1 per cent to US$2,044 a tonne. Cheddar rallied 6 percent to US$3,462 a tonne, ... more

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Tim Deane new chair of NZ Food and Grocery Council

Goodman Fielder New Zealand Manager Director, Tim Deane, is the new Chair of the New Zealand Food and Grocery Council. He replaces Veronique Cremades, the Country Manager of Nestlé NZ, who has completed her term. Goodman Fielder NZ is one of our country’s largest consumer food companies with extensive dairy, baking and grocery portfolios, producing food locally at its 14 manufacturing sites. As well as providing Kiwi consumers with great food, it also exports ... more

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Smokiní hot, but safe (and delicious) to eat

On a wharf in Mapua, overlooking the largest estuary in New Zealand, is a company that uses brick kilns, manuka shavings, smoke, and a simple brine to turn out premium seafood. Pete Patullo, owner of the Smokehouse, knows the process he uses to impart flavour and preserve precious protein fufils all compliance and labelling requirements. This is because his company works closely with the team at Cawthron Institute’s Analytical Services. Cawthron Analytical Services test fresh ... more

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Sustainable New Zealand seafood promoted in Australia - Sustainable Seafood Day

Photo: Sustainably-caught New Zealand orange roughy Australians are being told to choose New Zealand seafood on Sustainable Seafood Day, which will be celebrated today, 31 March, throughout Australia. This is because over 50% of New Zealand’s wild catch is now certified as sustainable by the Marine Stewardship Council. Sustainable Seafood Day is an annual initiative by the global certification standard for sustainable seafood, the Marine Stewardship Council (MSC). It brings ... more

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Marlborough kicks off International Sauvignon Blanc Day celebrations

Marlborough, the region responsible for putting Sauvignon Blanc on the map will be the first globally to kick celebrations off for International Sauvignon Blanc Day, Friday 5th May. International Sauvignon Blanc Day celebrations will begin in the heart of New Zealand’s wine country with ’16 Days of Sauvignon’, a full 16 days of mini events and activities to celebrate the drop that Marlborough is known for in the lead up to the final celebrations on the 5th of May, 2017. ... more

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Dairy the new cream of choice in China

For chefs across China, it’s out with the old mock cream and in with the UHT cream as Fonterra ups capacity to meet growing demand. UHT cream, one of Anchor Food Professionals top selling products, is fast becoming the cream of choice for chefs in China and other parts of the world as they look for a product that has the freshness of pure dairy, won’t over whip and holds its shape for longer. Fonterra has recently completed a new one litre UHT line at its Waitoa ... more

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New York taste for NZ Eel growing

Growing demand for New Zealand eel by U.S. consumers has helped increase exports of the fish, particularly to New York according to new figures. Statistics New Zealand export figures for the industry show sales of eel to North America grew by 115% last year. Award winning US restaurateur and executive chef for Hawaiian Airlines Chai Chaowasaree says while the freshwater fish is not yet a common menu item throughout the country, increasingly eel is found in a more diverse range of ... more

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Fonterra announces Interim Results

Fonterra today announced its 2017 Interim Results. Results Highlights · Forecast Farmgate Milk Price $6.00 per kgMS · Forecast cash payout $6.40 after retentions* · Interim dividend of 20 cents per share – to be paid in April · Revenue $9.2 billion, up 5% · Normalised EBIT $607 million, down 9% · Net profit after tax (NPAT) $418 million, up 2% · Revised ... more

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Whole milk powder's surprise rebound

Dairy prices at Fonterra's GlobalDairyTrade auction have made a surprise rebound, with the auction's index rising 1.7 per cent. The average price rose to $US3101 ($NZ4396) per metric tonne on Wednesday morning (NZT). It followed two successive falls in prices at the fortnightly event. Analysts had been expecting GDT prices to drop for a third straight auction as supply outstripped demand. However, the whole milk powder price was up 2.9 per cent to $US2855 while skim milk powder was ... more

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