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Butter prices drop, avocados double last year's prices

Butter, chocolate bars, and wholemeal bread prices all fell in December, Stats NZ said today. Tomatoes and nectarines were also cheaper, but avocado prices remain almost twice as expensive as they were a year ago. After four successive monthly rises, butter prices dropped 4.9 percent in December 2017 to an average of $5.46 for the cheapest available 500g block. This compared with the previous month when they hit a record high of $5.74. Butter prices had been falling at international dairy ... more

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Nespresso introduces two Limited Edition coffees made especially for iced beverages

Celebrate the best of the Kiwi summer with the launch of the Nespresso Limited Edition coffee duo, Leggero on Ice and Intenso on Ice. Inspired by a relaxed Mediterranean lifestyle, these two innovative coffees are the first to have been specially crafted by Nespresso Coffee Experts to be prepared with ice for a refreshing summer drink at home. No sweet, flavoured syrups or lashings of cream – this is purely about the highest quality coffee served simply with ice and milk. And ... more

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Tip Top reprioritises icecream production amid 'unprecedented' demand

"Unprecedented" icecream demand has meant fewer of the country's least favourite frozen treats will be made in the coming months, Tip Top says. While they say there is not an icecream shortage as such, Tip Top is reprioritising its production so that the more popular products will be available, including Trumpets, Popsicles, most Frujus and vanilla icecream to go with the Christmas pav. "We're not going to run out," sales director for Fonterra Brands Tim Carter ... more

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Synlait partners with Foodstuffs South Island to supply fresh milk and cream

Synlait Milk says it will enter the fresh milk market in early 2019 by partnering with Foodstuffs South Island and will invest about $125 million in a liquid dairy packaging plant. The Dunsandel-based company will become Foodstuffs South Island's exclusive supplier of its private label fresh milk and cream under the supply agreement, it said in a statement. Fresh milk and cream from Synlait will be packaged in Value and Pams branded products, which are available across New World, ... more

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Lion is struggling to meet demand for beer in hot weather

Kiwis are drinking so much beer this summer that brewing giant Lion is unable to keep up with demand. Lion New Zealand spokeswoman Genevieve O'Halloran said sales were up nearly 20 per cent compared to a year ago, which was creating supply issues for North Island customers. O'Halloran said the problem was "widespread" and affected the company's soft drink deliveries as well. O'Halloran said demand for craft beer was especially strong. Lion's sale of Emerson's beer ... more

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Pumpkin and kumara prices at record level

Pumpkin prices increased 176 percent in the year to November 2017, to reach $5.78 a kilo, the highest price since the food price series began in December 1993, Stats NZ said today. Pumpkin and kumara are typically more expensive in November, but both hit record levels after larger-than-usual increases this year. “Poor growing conditions due to the wet weather early this year had a huge impact on the supply of pumpkin and kumara,” consumer prices manager said. “Pumpkin ... more

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Save the date for ‘bigger than ever’ Fine Food New Zealand trade show

Space at New Zealand’s premier food retail, food service and hospitality trade show is rapidly running out as exhibitors take advantage of the opportunity to showcase and demonstrate their products and services to industry influencers, trade buyers and key decision-makers. Scheduled for 24 to 26 June 2018, Fine Food New Zealand is the largest trade event of its kind with nearly three quarters of the available space in the ASB Showgrounds is already booked. Lorraine Smith, ... more

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New South Island supermarkets as Pak 'n Save, New World owner invests

Foodstuffs is continuing to invest in its South Island network with new openings and refurbishments. During 2017, Foodstuffs South Island has invested $17 million in a 3100-square-metre supermarket in the Prestons subdivision in northeast Christchurch. New World Prestons is expected to open in February 2018, creating 100 new jobs. A $6m refurbishment of one of its original stores, Pak 'n Save Moorhouse in Christchurch would soon be completed, Foodstuffs South Island general manager ... more

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L&P and Tip Top have teamed up to bring us a new summer ice block

We’ve frozen the best of summer, on a stick! Introducing the all NEW Fruju L&P. Tip Top is kicking off summer with a match made in heaven – the new Fruju L&P ice block. Combining one of New Zealand’s most iconic beverages with NZ’s most iconic ice block brand, Tip Top has taken two of the best summer staples and frozen them together. The ultimate in New Zealand summer refreshment, the dynamic duo are together for a limited time only. Suitable for ... more

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Butter at record $5.67 a block

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. Butter prices led the way again – up 62 percent from the same time last year. Milk and cheese prices also increased (up 7.5 and 12 percent respectively) and had large contributions to the increase in food prices seen in the year to October 2017. “Dairy products are very widely used inputs in a number ... more

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