New Zealand Primary Industries Minister Nathan Guy and Lithuanian Agriculture Minister Bronius Markauskas have met in Vilnius, Lithuania, to discuss agricultural issues – including dairy – in the two countries.
Dairy products are expected to be the fastest growing segment of US shipments of processed foods due to rising consumer demand for snacks with more natural ingredients and higher amounts of protein, according to a report released by Freedonia Focus Reports.
Fonterra and Livestock Improvement Corporation (LIC) are in the final stages of developing an online tool, Agrigate, designed to help farmers improve their farm performance by using their existing data.
As New Zealand marks the one-year anniversary of its Free Trade Agreement (FTA) with South Korea, Fonterra Co-operative Group says it is looking to grow sales of its dairy products there, particularly cheese.
Bank of China New Zealand has signed an agreement with New Zealand dairy cooperative Fonterra that establishes a RMB 1.5bn (NZ$300m, US$213m) multi-currency bank facility including a Chinese currency component.
Latest data from Euromonitor International shows the global probiotics market is worth about €40bn, yoghurt continues to be the dominant mode of delivery although probiotic supplements are growing fastest.
US milk production is still on the rise, according to a September inventory report by the National Agricultural Statistics Service, which indicated a 2.1% increase compared to 2015 reaching a total of 16.7bn lbs of milk.
New Zealand dairy giant Fonterra has launched an internal investigation following the arrest of 19 people for selling approximately 330.7 tons (300 tonnes) of the company’s expired milk powder in Shanghai and other Chinese provinces.
The European Specialist Sports Nutrition Alliance (ESSNA) will in weeks finalise its guidance on so-called ‘protein spiking’ - the controversial practice of falsifying product protein content via nitrogen manipulation.