Fonterra Expands China Foodservice Business with New Anchor Essence Cream
Fonterra is strengthening its foodservice presence in China with the launch of a new cream for professional bakeries at Bakery China 2026 in Shanghai.
Fonterra is the major exporter of specialty cheeses from NZ. This goes to Australia, Japan and the Pacific Islands.
NZ Specialty Cheese Makers Association chair Catherine McNamara says while the EU has unlimited access to the NZ market, two-way trade is nigh impossible.
She says the cost of exporting chesse to the EU is prohibitive.
She says competing againsts subsidised European cheese together with the high cost of freight means that the price NZ would have to sell its produce for would be way above that of locally produced cheese.
McNamara, who is also the owner and managing director of award winning Grinning Gecko Cheese in Northland, says her big hope is that NZ consumers will support local cheesemakers as they try to deal with the challenges they now face.
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
RaboResearch senior analyst Emma Higgins expects the 2026/27 dairy season to be another profitable one.
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
A potential showdown between the top two Federated Farmers leaders looms at the farmer lobby's annual meeting later this month.
FarmIQ Systems has developed a free land management app to help remove barriers to New Zealand farmers and growers adopting digital tools.