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East meets west: Taura inspires global flavour combinations at FIE

Real fruit and vegetable pieces are the perfect way to combine eastern and western flavours, Taura Natural Ingredients will demonstrate at Food Ingredients Europe. With consumers seeking new taste sensations, and eastern flavours particularly sought after, Taura – part of Frutarom – offers a range of ways to help manufacturers satisfy adventurous palates. The company’s unique Ultra-Rapid Concentration (URC) technology allows it to create versatile fruit and ... more

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World butter price falls at auction

Dairy prices fell again in the latest Global Dairy Trade auction, this time by 3.4 per cent to US$2970 (NZ$4347). This followed a 3.5 per cent drop at the last auction two weeks ago, the largest fall since January, when the first GDT auction of the year dropped by 3.9 per cent. The price of butter fell 5.9 per cent, cheddar was down more than 4 per cent, and New Zealand's key export product, whole milk powder, slipped 2.7 per cent. More at ... more

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Manukee - taking New Zealand honey to the world

Manukee founder and "BeeEO" York Spencer talks about the challenges of selling his products in Asia and finding a distribution partner, all while making sure to keep the office vacuumed. What does your business do? Manukee is a UMF Manuka honey drink. We launched in July last year at the New Zealand Fine Food Show, and source all of our honey from the outskirts of the Tongariro National Park and our drinks are made in Auckland. We have two drinks on the market, each containing ... more

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Global Dairy Platform announces new Board chairman

Global Dairy Platform (GDP) has appointed Fonterra Chief Executive Officer, Theo Spierings, as GDP chairman, effective November 16, 2017. Mr. Spierings says he is pleased to be taking on the role and playing a part in maximizing the contribution dairy can make to the world. "More than ever, people are turning to dairy for nutritional security and sustainable food and every day we see the good that dairy can do. "We also recognize that the world will have more than 2 ... more

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Public perception of fisheries management at odds with international reputation - TNC

New Zealand fisheries’ Quota Management System (QMS) is being presented as an international example by a prominent US-based conservation group. The long established The Nature Conservancy (TNC), one of the world’s largest conservation organisations and a leader in coastal and marine management, last night released an extensive report on the QMS aimed at enhancing the development of fishery management programmes internationally. Seafood New Zealand chief executive Tim ... more

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Sanford net profit up, value and innovation strategy beds in

Focus on Innovation: New Zealand’s largest seafood company Sanford is focused on innovations such as growing the nutraceutical market for New Zealand’s premium GreenshellTM mussels. Sanford Limited this week reported its net profit after tax increased by 8% to $37.5m in 2017 and net cash flows from operations improved by 46% to $50.3m on higher revenues and improved collection timeframe. It has delivered a steady adjusted EBIT* of $63.7m from $63.4m in 2016 after a year of ... more

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Fonterra launches plan to improve waterways

Co-operative announces ambitious water commitments; invites Kiwis to visit farms and see what’s being done to promote healthy rivers. Fonterra today launched an ambitious plan to help improve the quality of New Zealand’s waterways. Based around six strategic commitments, the plan will underpin Fonterra’s efforts to promote healthy streams and rivers, including a strong focus on sustainable farming and manufacturing. In parallel, the Co-operative’s ... more

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Fonterra continues to build UHT capacity

Fonterra has today announced it is further expanding its Waitoa UHT site as the Co-operative works to keep ahead of growing demand for its products. Five years ago the site was an empty paddock, now it produces more than 80,000 cartons of UHT milk and cream every hour for global markets - and it’s about to get even busier. A new line will be up and running by the end of the year. This is the third new line to be installed in the last 12 months. Each new line can ... more

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Dairy product prices fall for third straight GDT auction

Dairy product prices fell for the third straight time at the latest Global Dairy Trade auction as whole milk powder extended its decline and skim milk powder recovered. The GDT price index fell 3.5 per cent from the previous auction two weeks ago to US$3,105, the lowest since April. Some 35,072 tonnes of product was sold, down from 35,669 tonnes at the previous auction. Whole milk powder fell 5.5 per cent to US$2,852 a tonne. Butter fell 3.6 per cent to US$5,516 a tonne, matching ... more

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Food suppliers celebrate World Sandwich Day

Members of the NZ Food and Grocery Council celebrated World Sandwich Day at their 2017 annual conference in Wellington today by supporting the Eat my Lunch programme. Chief Executive Katherine Rich said World Sandwich Day was a great opportunity for its delegates at the conference to show further support for the child lunch initiative. “It’s a fantastic initiative that gives to a child in need a healthy lunch for every lunch we eat at the conference. “In this ... more

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