Fonterra's global ranking set to dip
Fonterra has climbed three places to number six on RaboResearch's annual Global Dairy Top 20 report.
Chinese dairy giant Yili topped the tally at the World Dairy Innovation Awards held recently in France.
Yili, which operates two dairy companies (Oceania Dairy and Westland Milk) in New Zealand, and its subsidiary Ausnutria picked up awards for packaging design, infant nutrition, intolerance-friendly dairy products, ice cream, cheese, and dairy snacks.
The judges noted that: "Yili have their finger on the pulse when it comes to identifying gaps in the market and creating brilliant innovative products that both taste and look great while simultaneously serving a purpose."
"Best Chees" winner was an ambient cheese lollipop that can be safely stored at room temperature. Revisiting traditional Chinese aesthetics, the Cujinhuan 3D Fresh Milk Ice Cream has been designed into the shape of a Chinese fan, featuring traditional painting carved on the surface.
For older men, a group more focused on bone health and physical fitness, the Shuhua Lactose-Free Milk for Dad includes 50% more natural calcium, vitamin D and taurine. Applying Yili's patented technology of LHT lactrose hydrolysis, the product also addresses the problem of lactose intolerance common among Asian consumers.
The Good Carbon Farm has partnered with Tolaga Bay Heritage Charitable Trust to deliver its first project in Tairāwhiti Gisborne.
Education union NZEI Te Riu Roa says that while educators will support the Government’s investment in learning support, they’re likely to be disappointed that it has been paid for by defunding expert teachers.
The Government says it is sharpening its focus and support for the food and fibre industry in Budget 2025.
A European Union regulation ensuring that the products its citizens consume do not contribute to deforestation or forest degradation worldwide threatens $200m of New Zealand beef and leather exports.
A long-acting, controlled- release capsule designed to protect ewes from internal parasites during the lambing period is back on the market following a comprehensive reassessment.
Healthcare appears to be the big winner in this year's budget as agriculture and environment miss out.
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