Next big export sweet success?
New Zealand ice cream makers are somewhat in agreement with the Government’s assessment that there is room for expansion in the ice cream market.
Three weeks after winning the top prize in the NZ Ice Cream Manufacturers Association annual awards, Wellington gourmet dairy producer Zany Zeus is in the hands of receivers.
The company got into financial strife as it set up a Seaview factory and had no option but to call in receivers.
Already well-known for its other artisan dairy products, Zany Zeus not only won the Premium Ice Cream category but also scooped the Supreme Award for boutique manufacturers for the first time with its Ghana Chocolate ice cream. The judges commented on the ice cream’s dark, rich chocolate flavour, which leaves a clean mouthfeel, calling it absolute indulgence.
Zany Zeus’s collapse is unlikely to leave a sour taste in the mouths of Welly ice cream lovers. The company is still operating and the receivers hope to sell it soon.
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.