Formula goes sour
OPINION: Media reports say global recalls tied to cereulide toxin contamination in milk-based nutrition brands could inflict combined financial losses exceeding $1 billion.
One of the world's biggest dairy companies, Danone, aims to cut methane emissions from its fresh-milk supply chain by almost one-third over the next seven years.
It claims to be the first major food company to set targets in line with a pledge by 150 countries to reduce emissions of the greenhouse gas from cows.
Danone, which makes dairy products such as yoghurt and kefir, will focus on three ways to reduce methane starting with ensuring farmers take better care of cows.
It says a well-managed and healthy herd can result in lower emissions per litre of milk and improve farmers’ livelihoods through better efficiency.
The French dairy group wants to manage manure better too and has projects in Belgium, Spain and the US where waste is converted into renewable biogas to stop it fermenting and emitting more methane.
Agrisea NZ has appointed Craig Hudson as it's new chief growth officer.
State farmer Landcorp, trading as Pamu, is a forecasting a full-year net profit of around $100 million.
Tony Aitken, chief executive of Ruralco, has been awarded the Excellence in Business Leadership Award at the ANZ Business of the Year Awards.
Global trade has been thrown into another bout of uncertainty following the overnight ruling by US Supreme Court, striking down President Donald Trump's decision to impose additional tariffs on trading partners.
Controls on the movement of fruit and vegetables in the Auckland suburb of Mt Roskill have been lifted.
Fonterra farmer shareholders and unit holders are in line for another payment in April.
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