Synthetic milk
OPINION: Will synthetic milk derail NZ's economy?
The North Island cow kill has still yet to find its feet. This continues to help support beef schedule prices which continue to hold fairly steady. Returning to a full kill week a fortnight ago, the kill increased slightly from the shorter Easter weeks but was still struggling to match levels seen at this time of the year. Just over 21,000 cows were slaughtered the week ending April 21st, down on the usual 27,000/wk for this time of the season.
50-56% of all the beef eaten in the US was in ground beef form last year. US veteran economist and agribusiness consultant Bill Helming forecasts that will lift to 65% by or before 2030 as the percentage of beef consumed in whole muscle form declines.
Fonterra chief executive officer Theo Spierings has announced members of his senior management team as part of a reshaping of the organisation to deliver on its group strategy refresh announced in late March.
DAIRY AND cropping farmers are being encouraged to develop better business relationships and understand each other’s position when dealing in grain.
Jo Bills
After a long period of relative stability, helped in part by increased frequency of auctions, it has been an action-packed month for the GlobalDairyTrade (GDT) platform.
WESTLAND MILK Products chief executive Rod Quin says the DIRA Bill as it stands disadvantages his co-operative. But he says he is broadly supportive of it.
FONTERRA HAS told the primary production select committee it is 'broadly supportive' of the DIRA Bill and says it's pivotal to its future.
FEDERATED FARMERS says it wants the DIRA Bill to be very clear and unambiguous.
FONTERRA HAS come under fire from its competitors at the primary production select committee hearing into the Dairy Industry Restructuring Amendment Bill (DIRA Bill).
AUSTRALIAN FOOD company Freedom Foods Group Ltd is to build a new milk processing plant to cash in on growing demand in Asia.
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BRITISH FARMERS are crying foul over a 4c/L drop in farmgate milk price.
ONE OF the most important and, to some, controversial pieces of legislation affecting the dairy industry moved yet another stage last week.
OVER THE past three-and-a-half years, we’ve successfully steered New Zealand through the domestic and global recessions we inherited in 2008.
COLOSTRUM BASED products to be made at a new $10 million New Image Group plant in Auckland are an example of “more of where New Zealand’s primary industry is going,” says Trade Minister Tim Groser.
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