It's all about economics
OPINION: According to media reports, the eye-watering price of butter has prompted Finance Minister Nicola Willis to ask for a 'please explain' from her former employer Fonterra.
OPINION: Will synthetic milk derail NZ's economy?
According to media reports, professor of econiomics at Auckland University of Technology, Niven Winchester, believes further development of synthetic milk could seriously disrupt the entire economy.
The scale of disruption though would vary, and there is slow progress at present towards making synthetic milk economic. Even so, dangers lie around the corner, according to Wichester.
"Large-scale production of synthetic dairy products - that decreases the price of New Zealand's largest export commodity - will have a significant negative impact on this economy," Winchester says.
This issue has arisen after years of analysis which argues that putting grass into a cow is wasteful because a lot of the output is diverted into growth of the animal. The claims is, putting a feedstock such as sugar into a test tube could produce milk which has less waste and lower environmental side effects.
Fears of a serious early drought in Hawke’s Bay have been allayed – for the moment at least.
There was much theatre in the Beehive before the Government's new Resource Management Act (RMA) reform bills were introduced into Parliament last week.
The government has unveiled yet another move which it claims will unlock the potential of the country’s cities and region.
The government is hailing the news that food and fibre exports are predicted to reach a record $62 billion in the next year.
The final Global Dairy Trade (GDT) auction has delivered bad news for dairy farmers.
One person intimately involved in the new legislation to replace the Resource Management Act (RMA) is the outgoing chief executive of the Ministry for the Environment, James Palmer, who's also worked in local government.
President Donald Trump’s decision to impose tariffs on imports into the US is doing good things for global trade, according…
Seen a giant cheese roll rolling along Southland’s roads?