Business

Open markets encourage investment, increase competitiveness, and allow for more consumer choice and product innovation in the dairy industry, said Fonterra’s Trade Strategy and Stakeholder Affairs Manager, Dr Francis Reid. This was the message he delivered to an audience at the Semex Dairy Conference in Glasgow, ahead of Brexit – or the formal triggering of the UK’s withdrawal from the European Union, in March. He said that Fonterra and New Zealand were examples of the success of open market policy. His talk came amid warnings of a growing protectionist movement globally. Dr. Reid spoke to New Zealand’s economic prosperity that has emerged over a period of economic liberalisation. He noted that in the early twentieth century the UK was NZ’s largest trading partner and the main market for NZ’s dairy exports. This changed when the UK joined the European Economic Community (EEC), also known as the Common Market, in 1973, which resulted in New Zealand losing its preferential access to the UK. Dr. Reid told the audience that following the end of that close trading relationship, NZ suffered severe economic shock. Initially, to counter that, New Zealand adopted protectionist trade policies, including coupled subsidy payments for farmers and a highly controlled economy, to manage the risks that this change brought. He said that eventually New Zealand opted to deregulate its economy, open its industries up to competition, remove subsidies, and pursue a policy of free trade. These policies have laid the foundations of New Zealand’s current economic prosperity and growth. The message for a post-Brexit Britain, Dr. Reid told the audience, was that open markets and pro-competition policies drive economic growth. He said if New Zealand and the UK could establish an open trading and economic relationship post-Brexit, then both countries could build upon the relative strengths of each market, […]

Waikato dairy farmer Bill Aubrey believes Agrigate, the new online tool, will be revolutionary in helping farmers improve their farm performance. Developed by Fonterra Farm Source and LIC, Agrigate combines all the key data farmers need to make faster and smarter decisions on one, easy to use online dashboard. LIC Chief Executive and Agrigate Chairman Wayne McNee says “having data in one place and working in real time makes it easier to make comparisons, see trends and make better management decisions. A key outcome will be enabling farmers to make the most efficient use of their resources – which is important in both tough and better times.” Fonterra Farm Source Chief Operating Officer Miles Hurrell says “the ultimate goal of this project is to support our farmers by giving them a tool to help maximise their on-farm performance, productivity and profitability. As a simple, easy-to-use tool Agrigate is a great example of dairy industry innovation. It allows farmers to identify areas of their business where they are performing well and areas where improvements can be made.” Agrigate has been designed to help farmers plan ahead, using existing data to assess the interaction between different on-farm factors, such as weather conditions, animal health, milk production, financials, pasture cover and fertiliser applications. Agrigate will help farmers track what effect each factor has on the others so that they can plan accordingly. For example, farmers will be able to see what impact factors like herd size; milking frequency and fertiliser use have on pasture cover, milk volume and quality, and milk solids production per hectare. Agrigate will also allow farmers to benchmark these farm factors on a scale that they haven’t been able to in the past, a feature that has impressed Bill Aubrey. “I can compare past and present, regional and national […]

And creates a market-leading food manufacturing group across Australia and New Zealand. Patties Foods Limited (“Patties”), an iconic Australian food manufacturer, has announced the acquisition of Leader Products (“Leader”), a manufacturer of quick, easy, delicious frozen convenience food products based in New Zealand. Leader was established by Tony Peterson and Richard Crabb in 1998 and over the last 18 years the business has emerged as the market leader in New Zealand in addition to exporting to Australia and Asia. The company is growing strongly and has doubled revenue in the past five years. Mr. Peterson will continue to drive the company’s growth strategy in his role as Managing Director and will maintain a stake in the combined business. Leader’s product range includes meatballs, burger patties, toppas, finger foods and meal solutions under the brands Leader, Tony’s Tucka and Kauri Coast. Leader supplies grocery retailers, distributors, sporting stadiums, convenience stores, cafes, hotels, restaurants and caterers in New Zealand, Australia and Asia. The company is the market leader in innovation and new product development in the frozen food product sector. Paul Hitchcock, CEO of Patties, said that Patties and Leader were natural partners – both focused on manufacturing high quality frozen foods known and loved by customers. Iconic brands in the Patties portfolio include Four’n Twenty, Patties, Herbert Adams, Nanna’s and Chef’s Pride. Mr. Hitchcock said: “We are delighted to be joining forces with the Leader team. We believe the combination of Patties and Leader will provide significant growth opportunities for both companies given our complementary savoury meals and snack products, manufacturing operations and sales footprints. This deal will create a market-leading food business across Australia and New Zealand. “Leader is a great New Zealand success story and we are very keen to support the team in their continued growth. For example, […]

The summit (www.sustainablefoodssummit.com) is taking place on 18-20th January 2017 in San Francisco for the seventh consecutive year. Agriculture is often cited as the cause and victim of many of the environmental and social issues facing the planet: from climate change, biodiversity loss, water scarcity to social inequality and economic migration. The opening session will highlight the role of sustainable food systems in helping resolve some of these major issues. The Regenerative Design Institute will discuss the solutions provided by permaculture, whilst another paper explores the science of biomimicry. With proteins coming under scrutiny for their high ecological impacts, approaches to reduce environmental impacts of livestock and seafood production will be discussed. Theresa Marquez, Chief Marketing Executive of Organic Valley, will highlight the benefits provided by organic livestock farming. Elizabeth Candelario, Managing Director of Demeter Association, will explain how biodynamic agriculture can produce climate-friendly foods. The Global Salmon Initiative will show how sustainable seafood farming can help alleviate the proteins crisis. Another session gives an update on the growing palette of sustainable ingredients available to food and beverage firms. Seema Kedia from Barry Callebaut will kick off the session with details of the company’s sustainable sourcing programs. She will give insights on how such programs are improving the lives of impoverished growers in developing countries. Other papers will cover developments in marine ingredients, natural flavourings, and natural colours. Although the mandatory GM labeling bill has now been passed, there remain concerns about its scope and implementation. Details will be given of the new bill and its implications to the sustainable food community. Will adoption rates of voluntary schemes such as the Non-GMO Project continue to rise? What new schemes could emerge to cover GMOs in livestock products and / or the foodservice sector? The waste impacts session highlights best-practices in […]