Fonterra CEO Miles Hurrell says the lift in the forecast reflects the increase in global dairy prices since the Co-op’s last milk price update in January, and good levels of ongoing global demand for dairy. Fonterra Co-operative Limited lifted its 2021/22 forecast Farmgate Milk Price range to NZ$9.30 – $9.90[Read More…]
New Zealand
Fonterra, agreed a strategic partnership with NZX & EEX for future growth
The strong alignment of all three shareholding partners to GDT’s purpose of credible price discovery will support initiatives to increase liquidity on GDT, attract new supply from prominent dairy producing regions, and will strengthen GDT’s linkages to financial trading platforms Fonterra has agreed a strategic partnership with New Zealand’s Exchange[Read More…]
New Zealand’s My Food Bag deploys Infor CloudSuite F&B ERP to achieve transparency in profitability
Infor is proud to support such an innovative and agile brand delivering quality food each and every day. Infor, the industry cloud company, announced that My Food Bag, a leading recipe and meal delivery service, has deployed Infor CloudSuite Food & Beverage (F&B) ERP to achieve organisational-wide transparency and full[Read More…]
HungryPanda Acquires EASI and BUY@HOME
HungryPanda has become the largest overseas Asian food delivery platform in ten countries, including the US, UK and Australia, operating across more than sixty cities. With these transactions HungryPanda is now the Asian food delivery leader in Australia and New Zealand, bringing the greatest choice of authentic Asian food to[Read More…]
Fonterra and VitaKey collaborate to unlock dairy’s nutrition
Fonterra and VitaKey Inc. announced a transformative dairy science collaboration to further unlock the benefits of Fonterra’s probiotic strains. Looking to a future where it is likely that many foods will be more valued for their specific health benefits, Fonterra and VitaKey Inc. announced today a transformative dairy science collaboration[Read More…]
Singapore launches Food Security Roadmap to protect food systems
The roadmap, aligned with New Zealand’s APEC 2021 priorities as well as the APEC Putrajaya Vision 2040 Singapore Agriculture and food ministers from the 21 APEC member economies reaffirmed their commitment to an open, transparent, productive, sustainable and resilient APEC food system by launching a new 10-year food security roadmap.[Read More…]
Comvita unveils special reserve UMF 25+ Manuka Honey
The Special Reserve UMF 25+ product will retail for NZD$645 New Zealand based Comvita, the global leader in Manuka Honey, has recently launched its limited-edition Special Reserve UMF 25+ (MGO 1200+) Manuka Honey, carefully collecting some of the world’s rarest honey to create a moment of delicious pleasure that connects[Read More…]
Research shows CurraNZ may help reduce obesity-linked inflammation & insulin sensitivity
CurraNZ was found to help reduce obesity driven inflammation by 24% and whole-body insulin sensitivity by 22% With experts claiming Britain’s obesity and Diabetes crisis as one of the main reasons behind the nation’s alarming COVID-19 mortality rates, the spotlight has fallen on how we can urgently find a way for millions[Read More…]
Myos Corp, Science Biotech to distribute Fortetropin products in Australia & NZ
Fortetropin® is a proprietary advanced nutrition product developed and owned by MYOS MYOS CORP, a US based advanced nutrition company with divisions that address both human nutrition and animal health, has announced that it has entered into an agreement with Science Biotech to exclusively distribute its Fortetropin® products in Australia and[Read More…]
New Zealand firm files patent on novel zinc supplement
LAZU Virocin becomes now five times more bioavailable than standard quercetin supplements LAZU, a health and nutrition brand, based in Kapiti Coast, New Zealand has filed a final update to its patent application for its novel zinc ionophore supplement, LAZU Virocin. According to the company CEO, Richard Eltherington, zinc is[Read More…]
