Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Fonterra has developed a new white butter product to meet growing demand from manufacturers in the Middle East.
Although Fonterra’s butter is known by Middle East consumers for its golden appearance, because of grass fed cows, a niche group of manufacturers prefer white butter as a processing ingredient for their food products.
These Middle Eastern food manufacturers have traditionally used butter from grain fed cows, a product with a pale colour.
Fonterra’s dairy foods category director of NZMP, Casey Thomas, says Fonterra developed the white butter by a process that reduces its golden appearance without affecting its quality.
“We saw an opportunity to tap into this new area for customers to use it in applications such as spreadable jar cheese, recombined cream cheese, and it could soon be used in ice cream.” NZMP general manager of Middle East and Africa, Santiago Aon said, “This is already seeing strong results. Our customers have had positive feedback about the white butter; it is performing to our expectations.”
With the co-op’s R&D centre, NZMP is behind the new product; both have a history of partnering with customers to create business solutions with them.
The product is now available in Saudi Arabia, Iran, Bahrain, Turkey and Pakistan. It may be launched in Egypt, Algeria, Morocco and South America.
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
World Veterinary Day falls on Saturday 27 April.
The Director General of MPI, Ray Smith says it's important for his department to celebrate the success of a whole range of groups and people around the country.
A small company which mobilised veterinarians around the country to deal with Mycoplasma bovis was one of the winners in this year's Biosecurity Awards, held at Parliament.
One of the country's top Māori sheep and beef farms is facing a five-year battle to get back to where it was before Cyclone Gabrielle struck just over 14 months ago.
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