UHT cream launched for Chinese bakeries
Fonterra has introduced a new UHT bakery cream for its booming foodservice business in China.
THE GOVERNMENT needs to show some initiative and help our baby formula producers who face having their products parked up on Chinese wharves, Labour's Primary Industry spokesperson Damien O'Connor says.
"Infant milk producers have today been told that only formula produced under China's new regulations which came into effect on May 1 will be allowed into the country.
"Primary Industries Minister Nathan Guy previously told producers that all products made before May 1 could continue to be exported regardless of the manufacturer's registration status.
"Unfortunately only six of New Zealand's 13 infant formula manufacturers gained approved in the first round of registrations.
"Now the products of seven companies face being stuck on wharves in China. This follows the same thing happening to meat exports last year.
"This is another direct failure of Nathan Guy and the Ministry for Primary Industries.
"The issues surrounding infant formula need strong and focused advocacy in China. The Ministry must ensure the number of its China-based officials keep pace with the growing demand for New Zealand products.
"John Key and other ministers have been regular visitors to China but the results of their efforts are at best selective.
"The dairy industry needs a Government which is prepared to advocate and lead when necessary," Damien O'Connor says.
ANZ says the latest cut to its floating rates will be welcome news to many of its business and agri customers still feeling the effects of high inflation and interest rates.
Fonterra has introduced a new UHT bakery cream for its booming foodservice business in China.
Auckland manufacturer and distributor of colostrum-based supplements, New Image International, celebrated its 40th anniversary this month.
LIC farmers are set to benefit from a genetics collaboration with US company, Sexing Technologies (ST).
"It was awesome to see not only where our milk goes but to find out more about the range of ways it's used."
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