Boutique cheesemaker Cranky Goat in voluntary liquidation
Award-winning boutique cheese company, Cranky Goat Ltd has gone into voluntary liquidation.
Cheese, butter and milk powder manufacturing has been picked in the top five of 200 New Zealand industries to perform well this year, according to global business intelligence company IBISWorld.
The three categories are tipped to reach $17.1 billion in the 2017-18 year versus $16b in the previous year -- up 6.9%.
The top five were picked by IBISWorld in terms of expected growth, by far the highest earner and having the third-highest predicted growth rate behind multi-unit apartment and townhouse construction (9.2% growth) and geothermal, wind and other electricity generation (8.6%).
Samual Johnson, an Australian-based IBISWorld senior industry analyst, told Dairy News the recovery of global prices and increased output from farms are expected to contribute to growth.
“Infant formulas have grown particularly strongly; it is a premium area and a high growth area.
People have been investing in that and exports to SE Asia and China have grown strongly.
“Butter has not had the strongest performance over the past five years but is expected to grow in the current year. Global butter production is also expected to grow strongly this year.”
Recently Fonterra has increased its forecast milk prices so they obviously have a favourable outlook for milk prices in the current season, Johnson says.
“That supports our strong forecast for the year. It is mainly driven by restabilising of the global dairy market.”
If Russia were to lift its embargoes it would shake up the current stabilising of supply and demand and change export routes again, he says.
“But I wouldn’t say either way whether that is likely to happen over the next year or two.”
NZPork has appointed Auckland-based Paul Bucknell as its new chair.
The Government claims to have delivered on its election promise to protect productive farmland from emissions trading scheme (ETS) but red meat farmers aren’t happy.
Foot and Mouth Disease outbreaks could have a detrimental impact on any country's rural sector, as seen in the United Kingdom's 2000 outbreak that saw the compulsory slaughter of over six million animals.
The Ministry for the Environment is joining as a national award sponsor in the Ballance Farm Environment Awards (BFEA from next year).
Kiwis are wasting less of their food than they were two years ago, and this has been enough to push New Zealand’s total household food waste bill lower, the 2025 Rabobank KiwiHarvest Food Waste survey has found.
OPINION: Sir Lockwood Smith has clearly and succinctly defined what academic freedom is all about, the boundaries around it and the responsibility that goes with this privilege.
OPINION: Should cows in NZ be microchipped?
OPINION: Legislation being drafted to bring back the controversial trade of live animal exports by sea is getting stuck in the…