Fonterra Co-operative Group Limited today increased and narrowed its forecast Farmgate Milk Price range to NZD $7.90 – $8.90 per kgMS, from NZD $7.25 – $8.75 per kgMS.
The midpoint of the range, which farmers are paid off, has increased to NZD $8.40 per kgMS, from NZD $8.00 per kgMS.
Fonterra CEO Miles Hurrell says the lift in the 2021/22 forecast Farmgate Milk Price range is a result of continued demand for New Zealand dairy relative to supply.
“At a $8.40 midpoint, this would equal the highest Farmgate Milk Price paid by the Co-op, and would see almost $13 billion flow into regional New Zealand through milk price payments this season. . .
Pasture-raised beef is a cornerstone of the New Zealand meat industry.
However, it is not clear if it is understood the benefits consumers get from the meat when it is raised this way.
New research from the Riddet Institute indicates there are differences in meat quality relating to health and digestion, depending on how the animal is raised.
A Massey University research team led by Dr Lovedeep Kaur and Dr Mike Boland compared the digestion differences between pasture-raised New Zealand beef to grain finished beef and a plant-based alternative. . .
Game deer donated to Kai Rescue charity in Nelson – Samantha Gee:
A call to manage a population of deer on private land in Nelson has led to a donation of venison to a food rescue programme.
New Zealand Deerstalkers Association Nelson branch committee member David Haynes said a managed hunt was undertaken in order to sustainably manage the number of animals on a recreational property at the request of the landowners.
“They came to the Nelson Deerstalkers to say they’re having problems with some pigs rooting up the ground and damaging some tracks there along with other animals and asked us if we could come in and try and sort of manage those two more sustainable levels.”
Branch president Greg Couper and committee member Carina Jackson culled the deer along with goats and pigs. . .
New Zealand agritech companies are attracting millions of dollars of investment, proving that Covid is not stopping significant business activity, AgriTechNZ chief executive Brendan O’Connell says.
Aotearoa agritech is seeing remarkable progress in new global partnerships, collaborations, investments and team growth.
A surge of company announcements from around the country support the sector focus exemplified in New Zealand’s agritech industry transformation plan. It feels like fertile ground for a burst of growth in 2022 and beyond, he says.
“Dunedin’s AbacusBio has just announced their deepening relationship with Bayer Crop Science, in the area of predictive plant breeding. . .
One of New Zealand’s largest exporters of canned wine has launched a multimillion-dollar expansion into North America as its share of the global small format wine market grows.
The move by the Wairarapa winemaker into the lucrative US market, follows an approach from $16bn retail chain Wholefoods after a win in a major canned wine competition.
The international market for canned wines is growing at a rate of 13% per annum and is projected to reach over $807m by 2028. In contrast, the bottled wine category remains stagnant with a growth rate of 4%.
The wine industry has struggled to attract millennials and small format options are increasingly being seen as a mechanism to deliver a more portable, environmentally friendly and portion-controlled product for this health-conscious segment. . .
Could our national fungus become the blue food dye of the future? – Olivia Sisson :
Aotearoa’s very own werewere kōkako could be the secret to all-natural Powerade, blue jelly beans and even the elusive blue Froot Loop. Olivia Sisson speaks to a scientist trying to make it happen.
Blue food is having an absolute moment.
A few months ago @shityoushouldcareabout brought a blue food inequity to the fore: New Zealanders are missing out on blue Froot Loops. The American version of the cereal contains orange, green, purple and blue loops. . .
Cow manure may be used largely for fertilizing, but some researchers are using it to turn seawater into freshwater.
Scientists at Northeastern University developed a process that turns the bovine feces into a filter that purifies otherwise undrinkable water – an innovation the team hopes can address the global water crisis.
By blasting the manure with intense heat, scientists broke it down to a carbon powder that was made into a foam.
The foam floats on the seawater’s surface and when sunlight hits the area, water beneath the black material turns to steam and passes through it as drinkable liquid. . .