RIGHT OF REPLY - Setting the record straight on processed foods

NEWS - NEW ZEALAND FOOD & BEVERAGE
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Afternoon tea time? Fill up without filling out, thanks to Fibre One – the delicious low calorie snack!

Afternoon tea time? Fill up without filling out and keep your waistline wonderful thanks to Fibre One, the tasty new low-calorie snack that lets you satisfy your cravings. New Fibre One Chocolate Fudge Brownie and Lemon Drizzle Squares are the ultimate tasty snack that allows you to fill up without filling out – the perfect addition to a balanced life. With just 90 calories per square, the soft-baked squares are also naturally high in fibre (5g per square) and lower in fat. And ... more

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New Zealand’s perishable exports to US on the rise - new figures

Wasps, live eels and capsicums are just some of the perishable export products driving New Zealand’s rapid growth in the US market. New Zealand exports of short shelf-life goods to the US have increased by up to 150 percent over the past few months according to new industry figures and data from Hawaiian Airlines. Tim Strauss, vice president of Hawaiian Airlines’ cargo division, says the market demand for a diverse range of products is increasing rapidly as Kiwi producers ... more

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Zespri Board announces succession planning for new CEO

The Board of Directors of Zespri will start a search process next year to select a new Chief Executive Officer. The succession is being planned with a view to having the new CEO in place by the beginning of 2018. The current CEO Lain Jager, who was appointed Zespri CEO in December 2008, will remain in the role until the new CEO starts. Zespri Chairman Peter McBride says the Board is balancing continuity and renewal in the leadership of the organisation. “The Zespri Board ... more

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Fonterra 2015/16 annual results show stronger returns

Highlights · Sales volume increased 4% to 23.7 billion Liquid Milk Equivalents (LME) · Revenue $17.2 billion, down 9% · Normalised EBIT $1.4 billion, up 39% · Net profit after tax $834 million, up 65% · Return on capital 12.4%, up from 8.9% · Ingredients inventories down 25% · Gearing ratio reduced to 44.3% from 49.7% ... more

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Fonterra increases forecast Farmgate Milk Price by 50c

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $5.25 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.75 to $5.85 before retentions. Chairman John Wilson said that since the Co-operative last reviewed its forecast Milk Price in August, global milk supply has continued to reduce ... more

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Plan 52 Perfect Weekends in the World’s Tastiest Destinations

Published this October, global travel authority Lonely Planet’s Food Trails is a gastronomic tour of the world in 52 short breaks — with Auckland representing New Zealand. Lonely Planet writes in the book’s “Auckland & Around” chapter: “Indigenous ingredients and briny bounty from New Zealand's North Island waters help set the stage for Auckland's eclectic food scene, which sources local but thinks global.” Following its best-selling ... more

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FSANZ: Call for submissions on a new processing enzyme

Food Standards Australia New Zealand (FSANZ) has called for submissions on an application to allow the use of a new enzyme as a processing aid. FSANZ Chief Executive Officer Steve McCutcheon said that Amano Enzyme Inc. had submitted the application to allow an enzyme, known as Oryzin, to be added to the Food Standards Code as an approved processing aid. “Oryzin is intended for use in baking and aids in the processing of dairy, egg, meat and fish products. It can also be ... more

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Dairy prices post slight gain at auction; WMP down, SMP up

International dairy prices eked out a 1.7 per cent gain at the latest GlobalDairyTrade (GDT) auction, well short of market expectations of a 5 to 10 per cent increase. Whole milk powder prices - which have the greatest bearing on Fonterra's farmgate milk price forecast - eased by 0.2 per cent to US$2782 a tonne, ending a firming trend that started in early July. Aside from whole milk powder - the biggest product by volume on sale on the GDT platform - prices were up across the board. ... more

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Sugar review: re-writing history to expose a non-existent conspiracy

By Katherine Rich, chief executive of the New Zealand Food and Grocery Council, FOOD Navigator, 19-Sep-2016. Last week, the Journal of the American Medical Association (JAMA) published a historical analysis of internal sugar industry documents. In it, academics from the University of California, San Francisco accused the sugar industry of paying three Harvard scientists in the 1960s to downplay any connection between sugar consumption and heart disease by conducting a literature review of ... more

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Industry launches website to improve food literacy

The New Zealand Food and Grocery Council has launched a website aimed at improving food literacy among New Zealanders. Healthybalance.nz is devoted to promoting healthier attitudes to food, fitness, and family to support the health and wellbeing of New Zealanders by way of practical, evidence-based advice. FGC Chief Executive Katherine Rich says food, in particular, will comprise a big part of the content of the site. “We all know that food literacy is vital to enable ... more

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