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NEWS - NEW ZEALAND FOOD & BEVERAGE
Displaying 11 - 20 of 487 items.
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Dairy prices fall for fourth straight auction

Dairy product prices fell at the Global Dairy Trade auction, dragged lower by an unexpected plunge in anhydrous milk fat. The GDT price index slipped 0.6 percent from the previous auction two weeks ago. The average price was US$3,477 a tonne. Some 17,222 tonnes of product was sold, down from 18,635 tonnes two weeks ago. Whole milk powder rose 1.6 percent to US$3,278 a tonne. Anhydrous milk fat sank 7 percent to US$5,806 a tonne, while skim milk powder slid 1.8 percent to US$1,849 a ... more

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Cadbury factory shuts this week after 150 years of production at site

Production at the Cadbury factory in Dunedin will end on Friday bringing to a close 150 years of manufacturing at the site. A spokesman for Mondelez, which owns Cadbury, said final production would take place on Friday, with some of the team members finishing up then and others coming back to continue to work on decommissioning the site. Pineapple Lumps were the final product being made at the site with the other lines now in the process of being decommissioned. There were about ... more

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Food and beverage reports good news for industry

The NZ Food and Grocery Council welcomes the release of the latest growth and investment reports on the food and beverage industry. The reports – Emerging Growth Opportunities in NZ Food & Beverage, Investment Opportunities in the NZ Chocolate Industry, and Investment Opportunities in the NZ Cherry Industry – have been launched by Economic Development Minister David Parker. The reports are part of the Ministry of Business, Innovation and Employment’s Food and ... more

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Fonterra makes $11m investment in water recovery technology

Construction is underway on an advanced plant that will reduce the amount of groundwater extracted for Fonterra’s Darfield manufacturing site by around 70 per cent. Darfield is already a world leading facility and the $11 million investment in water processing technology will have a significant impact on its environmental footprint. “Thanks to the new plant we’ll save the equivalent of around 100 tanker loads of water every day,” says Robert Spurway, Head ... more

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Keeping it in the family

André Babich joins family wine business after 18 years in investment banking. Continuing the growth of Babich Wines, André Babich joins his father, uncle, cousin and colleagues in the family business following 18 years with Macquarie Capital. André joins in the role of Principal with a focus on key projects across the business. He is a grandson of Babich Wines’ founder, Josip Babich, a 3rd generation family participant, and an existing Director of Babich Wines. ... more

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Mother Earth grows Vege Fruit Sticks range

The taste of vegetables just got better with the newest flavour of Vege Fruit Sticks from Mother Earth. Real pumpkin joins apple & peach in a fruit and vegetable medley that makes this a delicious new way for children to enjoy the taste of vegetables. With more vegetable content than fruit per serve, Mother Earth Vege Fruit Sticks offer parents an additional opportunity to sneak in a little more vege. Sarah Hanrahan, CEO of NZ Nutrition Foundation welcomes the addition of more ... more

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Meat and poultry lead 0.5 percent monthly fall in prices

Lower meat and poultry prices led the 0.5 percent fall in February 2018 food prices, Stats NZ said today. Beef prices fell 4.4 percent, while chicken prices fell 3.4 percent. The average price for cheapest available chicken breast was $12.83 a kilo, down from $13.94 the previous month. Grocery food prices also fell in February 2018, down 0.7 percent, with lower prices for chocolate. Fruit and vegetable prices fell 0.9 percent in the month, with no overall change after seasonal ... more

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Food charities set to benefit from $1 million fund

Thousands of food charity recipients are set to benefit from a charitable initiative which will see $1 million allocated to community organisations that help a range of health, cultural, environment, education and other causes. An online platform has been launched which allows Kiwis to vote for the charities they feel are most deserving of funding, which will benefit their local community. Anyone can vote for the cause of their choice each day, with $5 provided by the fund for every vote ... more

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Villa Maria’s award winning success continues at the Royal Easter Show

Photo: Sir George Fistonich and winemaker Gianni Flego, Villa Maria. Villa Maria’s reputation as New Zealand’s most awarded winery was upheld with a total of 12 golds and two trophies at last night’s Royal Easter Show Wine Awards. Villa Maria took home an impressive 20% of the total gold medals awarded in the 2018 competition. Group Chief Winemaker, Nick Picone, was particularly excited the golds spanned all four tiers of Villa Maria wines: “We are thrilled the ... more

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Te Awa’s Richard Painter named as Winemaker of the Year

Photo: Richard Painter, winemaker, Te Awa Te Awa’s winemaker Richard Painter was named ‘Winemaker of the Year’ at the 2018 Royal Easter Show Wine Awards dinner last night. Painter’s Te Awa Single Estate Hawkes Bay Chardonnay 2016 won Champion Chardonnay and scooped the sought-after Champion Wine of Show trophy, thereby securing him the coveted Winemaker of the Year title. Painter said he was “honoured and proud” to be named Winemaker of the ... more

Displaying 11 - 20 of 487 items.
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