Make it 1000%!
OPINION: The appendage swinging contest between the US and China continues, with China hitting back with a new rate of 125% on the US, up from the 84% announced earlier.
New Zealand infant formula exports to China have been given a boost with the launch last week of a new pilot project to test products here instead of there.
In a world-wide first for dairy products, Chinese Government-owned China Certification and Inspection Group (CCIC) has selected NuZtri to take part in the test trial.
NuZtri says the trial will allow its dairy products to be tested in New Zealand by an accredited laboratory so that they get automatic entry across the Chinese border without any further testing.
“This will allow shipments of NuZtri dairy products to China in the certain knowledge that the products will move quickly through the Chinese border,” the company says.
“All dairy exporters currently face substantial risks with testing at the Chinese border. Often the same tests carried out in China result in a different outcome from tests done in New Zealand laboratories. “
Over time the hope is that all New Zealand dairy companies meeting these requirements will be awarded this special privilege of testing products here.
Last week the agreement signing ceremony between Nuztri (Best Health Products Ltd) and CICC was held in Christchurch.
NuZtri says the New Zealand infant formula sector has suffered much in the last few years due to the Fonterra whey protein issue and the new regulations for entering the Chinese market.
“With only nine factories now having been approved to export infant formula to China, the production volume has dropped significantly. Meanwhile, Ireland has successfully boosted its share of the Chinese infant formula market to 9% from 0% in just a few years,” it says.
New Zealand’s dairy sector cannot expect India to be a market for all its dairy products.
Meat processor ANZCO Foods’ net profit has plunged on the back of lower market returns which squeezed margins and impacted business performance.
OPINION: Most people will be aware of the Government's plans to boost coal, oil and gas production to meet energy requirements.
AgriZeroNZ has entered a new partnership with Britain's national innovation agency, Innovate UK.
Twenty rural community hubs across New Zealand will receive $5,000 to upgrade their facilities having been selected as the winners of Rabobank's Community Hub Competition.
As the dairy industry prepares to celebrate its top achievers at an awards night this Saturday, attendees are being warned to be aware of protests planned outside the venue – Baypark Arena, Mount Mauganaui.
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