Not Out of the Woods Yet
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
Big jumps in butter and cheddar cheese prices reflect Chinese consumers returning to restaurants, cafes and bakeries, says Westpac’s senior agro economist Nathan Penny.
Images of Graeme McNabb’s farm on the West Coast will soon be hitting supermarket shelves around the world.
A unique gold rush started last week with the official opening of the new $40 million butter plant at the Chinese-owned Westland Milk Products plant on the West Coast.
Fonterra has launched its ‘carbonzero’ certified NZMP organic butter to the North American market, the first such ingredient product in its portfolio.
Beset by food fads and bad science, butter’s reputation is enjoying a sustained resurgence. Southern Pasture’s new senior vice president and general manager of post farmgate operations Tom Bailey explains why boutique butter is set to boom.
Soaring butter prices may see next season’s milk price go beyond $7/kgMS – even as high as the mid sevens.
Cheese, butter and milk powder manufacturing has been picked in the top five of 200 New Zealand industries to perform well this year, according to global business intelligence company IBISWorld.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.