Plant-based bubble bursts
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird Ventures, and its products are no longer available in supermarkets.
OPINION: One of the world's biggest ice cream companies is accused of selling ice cream in Russia thereby helping finance the country's invasion of neighbouring Ukraine.
Unilever, owners of Wall's, Ben & Jerry's and Magnum ice cream brands, is operating in Russia more than a year after the country invaded Ukraine.
Unilever said that exiting was "not straightforward" as its operations would be taken over by the Russian state if it abandoned them. The company had been unable to find a way to sell the business that "avoids the Russian state potentially gaining further benefit, and which safeguards our people".
But the Moral Rating Agency - a watchdog organisation set up following the invasion of Ukraine - accused the firm of helping fund Russia's treasury by continuing to trade ther.
"Unilever must stop hiding behind its balance sheet and excuses to face the reality that selling an ice cream can allow Putin to pay for a bullet," says MRA.
Fonterra pulled out of Russia shortly after the invasion.
Animal rights organization, SAFE says the government needs to maintain the ban on live exports.
New findings from not-for-profit food supply and distribution organization, the New Zealand Food Network (NZFN) have revealed a 42% increase in demand for food support in 2023 compared to 2022.
New data released by LIC and DairyNZ shows New Zealand dairy farmers have achieved the highest six week in-calf rate and lowest notin- calf rate on record.
Christchurch City Council and the Canterbury Agricultural and Pastoral Association (CAPA) have signed an agreement which will open more of Canterbury Agricultural Park for public use while helping to provide long-term certainty for the A&P Show.
This year’s Fieldays will feature a Rural Advocacy Hub - bringing together various rural organisations who are advocating for farmers and championing their interests as one team, under one roof, for the first time.
ASB head of rural banking Aidan Gent is encouraging farmers to speak to their banks when they are struggling.
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
OPINION: Synlait's financial woes won’t be going away anytime soon.