New Zealand Outpaces Crawling World Economy
In a world still limping its way out of the global financial crisis, The Wall Street Journal has written that New Zealand’s economy is looking remarkably zippy – and even outdoing our much larger…
Tag Archives: Dairy Industry
Non-farmers Get Look In
“The only truly global New Zealand company, with annual revenue of almost $20 billion, Fonterra operates in 100 countries and has 10,500 farmer-owners,” The Economist writes. “Rabobank of the Netherlands ranks it the world’s…
Land Sale Stopped In Court
High Court Judge Forrest Miller has halted the first ever sale of dairy farms to Chinese investors, Shanghai Pengxin, the latest twist in a saga that’s dividing a country reliant on agriculture for much…
Debating Foreign Investment
New Zealand Federated Farmers chief executive Conor English speaks from Wellington with Rishaad Salamat on Bloomberg Television’s “On the Move Asia” about Shanghai Pengxin Group Co.’s plan to buy 16 New Zealand dairy farms….
Trading Dairy for Baht
New Zealand’s high quality food and beverage industry is responsible for market growth in Thailand, according to acting New Zealand Trade Commissioner to Thailand Thanadej Trakulyingyong. New Zealand’s food industry, in particular dairy products,…
Ivy League purchase
A 4ha dairy farm south of Auckland has been purchased by Harvard University for US$2.7 million. The Cambridge institution best known for churning out top college graduates bought the farm with 6 cows as…
To India for milk
New Zealand dairy conglomerate Fonterra is in talks with Indian Farmers Fertiliser Cooperative Ltd. to set up a dairy farm in India. The project may cost as much as 1 billion rupees ($225 million)…
Land Purchase Backlash
New Zealand plans to tighten controls on foreign land purchases amid fears that the Chinese acquisition of local farms may not be in the country’s strategic interests, in particular after a fierce public backlash…
Revell’s field day
Te Aroha dairy farmer Richard Revell who has developed a fizzy cola-flavoured milk drink in a can, has met with multinational ire, with Coca Cola banning him from selling the beverage at the annual…
Cattle for Capital
New Zealand dairy farmers are benefiting from a worldwide demand for milk and cheese with Fonterra Cooperative Group members promised big payouts for their efforts this year. Never before has the term “cash cow”…
Milk and Money
Fonterra has announced plans to build an AU$15 million dairy innovation centre in Melbourne. “By investing significantly in innovation we are ensuring that we remain at the forefront of developing specialty ingredients and consumer products that will…
Off the Sheep’s Back?
The BBC looks at the changing iconic status and importance of the sheep to the New Zealand economy. Sheep numbers have fallen from 70 million to 40 million in the last two decades and farmers are…
Major Milk Player
New Zealand’s newly-minted Global Dairy Company has the size to “become a serious challenger to the likes of Nestle, Danone and Kraft” in world diary markets.
