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.
European dairy giant Arla Foods claim young people in the UK are being bullied for eating dairy products.
The co-operative has launched a “don’t cancel the cow” campaign in the UK to counter this.
Arla claims that its research shows that 34% of people living in the UK make dietary choices “based purely on information from social media”.
It claims almost half of Gen Z respondents are “ashamed to order dairy in public in front of their peers” and while 70% of Gen Z-ers would like to keep eating dairy, an “alarming” 57% plan to take dairy out of their diets in the next year.
Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.
The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.
Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.
In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.
One of New Zealand’s deepest breeder Jersey herds – known for its enduring connection through cattle with the UK’s longest reigning monarch, Queen Elizabeth II – will host its 75th anniversary celebration sale on-farm on April 22.
Rural trader PGG Wrightson has revised its operating earnings guidance, saying trading conditions have deteriorated since the last market update in February.