GEA Milfos International Limited (Milfos) has been ordered to pay a penalty of NZ$825,000 (US$548,430) in the Auckland High Court after admitting it engaged in price-fixing with competitor Dairy Automation Limited (DAL) between at least October 2012 and...
The board of Westland Co-operative Dairy Company Limited is urging all its shareholders to exercise their votes at, or before, the Scheme Meeting on July 4 to support the sale of the cooperative to Hongkong Jingang Trade Holding Co., Limited, a wholly...
Nestlé has applied to Food Standards Australia New Zealand (FSANZ) to reduce the minimum protein requirement for milk-based follow-on formula in the Australia and New Zealand Food Standards Code.
Stricter infant formula marketing rules in New Zealand have been working well for both industry and consumers so far, according to trade association the Infant Nutrition Council (INC).
The New Zealand Ministry of Primary Industries (MPI) has launched an online survey seeking public consultation on the efficacy of current regulations surrounding raw milk.
Lower than expected sales have led to the board of New Zealand’s Westland Milk Products to lower its predicted payout range for the 2018-19 season to NZ$5.80 - NZ$6.00 (US$3.95-US$4.08).
The board of New Zealand’s Westland Co-operative Dairy Company Limited has signed a conditional scheme implementation agreement to sell the West Coast dairy cooperative to Hongkong Jingang Trade Holding Co., Limited (Jingang), a wholly-owned subsidiary...
Kiwi manufacturer Keytone Dairy has expanded its range of dairy and nutritional products with two new formulations, which are expected to support further growth in Asia.
Quick solutions needed for adverse effects of transformation from lamb to dairy
It is one of the great ironies of dairy farming in New Zealand that animals are being accused of causing untold damage to the environment they live in.
New Zealand’s Fonterra Co-operative Group Limited has revised its 2018/19 forecast Farmgate Milk Price range from NZ$6.25-$6.50 (US$4.30-$4.47) per kgMS to NZ$6.00-$6.30 (US$4.13-$4.33) per kgMS.
New Zealand dairy cooperative Westland Milk Products has welcomed the investment, in the form of a NZ$9.9m (US$6.8m) loan, from the Government’s Provincial Growth Fund to help build a NZ$22m (US$15m) plant at Hokitika.
Success of world’s first allergen-free milk producer could help persuade Kiwis of benefits.
It is an irony of bioscience that a country that prohibits most genetically modified produce from the food chain is a world leader in the development of gene editing.
Kiwi scientists have published nationally representative research on the breastmilk composition of breastfeeding mothers in the country, which could aid the development of supplements or programmes to support the health of breastfeeding mothers and their...
New Zealand's Commerce Commission has granted the Infant Nutrition Council (INC) authorisation to extend advertising and marketing restrictions to include infant formula products for children up to one year of age.
The decline in global prices for dairy commodities, especially butter, has forced the board of Westland Milk Products to lower its predicted payout range for the 2018-19 season to NZ$6.10-NZ$6.50 (previously NZ$6.50-NZ$6.90).
WellKit Foods International Ltd, a New Zealand nutritional foods company, is set to launch its flagship product innovation, My Goodness! – a fruit-based, non-dairy ice-cream – which it says will “revolutionize the globally-growing non-dairy dessert market.”
Kiwi infant formula firm New Zealand New Milk is keen on increasing its market share in China, with new product development and the use of trusted retail platforms supporting its goal.
Synlait has reported a net after tax profit of NZ$74.6m (US$49.3m) for the year ending July 31, 2018, almost double the NPAT of NZ$39.5m (US$26.1m) announced for the same period last year.
Australia-based a2 Milk Company (a2MC) entered the US market in 2015 and now makes its Walmart debut this summer. The company reported major growth over its last fiscal year with a 68% increase in total revenue.
New Zealand's primary industry exports are forecast to rise 9.3% over the next year on the back of strong dairy prices and a return to normal productivity levels, according to Ministry for Primary Industries’ (MPI) latest quarterly update to its...
Chinese authorities may have introduced more stringent infant formula rules, but New Zealand exports are continuing to soar, with Australia and New Zealand Banking Group (ANZ) economists forecasting they will soon top NZ$1bn for the first time.
Fonterra has announced its 2017 annual results, which show revenue up to NZ$19.2bn (US$14bn), but net profit after tax dropped by NZ$745m (US$542m), an 11% reduction.
When I speak to Fonterra’s Hamish Gowans, he had just been asked by a potential customer if the cows that produce the milk for the New Zealand dairy ingredients co-operative are fed on grass.
The New Zealand government is committed to helping natural products and supplements firms meet their export potential by removing barriers to innovation, according to the country’s environment minister.
New Zealand supplement and health food manufacturers are likely targets for merger and acquisition activity over the next year, with private equity firms, notably from China, increasingly looking to splash the cash.
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.
Fonterra says all employees at its Edendale milk processing plant in New Zealand are safe following the collapse of a raw milk silo on Friday afternoon.
Fonterra has welcomed the New Zealand Government’s ambitions to make the country predator free by 2050, saying the ‘hugely significant goal’ is shared by the dairy industry.
Yashili’s infant formula Super α-Golden Stage is now available to New Zealand customers, with the product available in selected New World and Pak’n’Save North Island stores.
Kura is continuing the expansion for its protein smoothie powder containing New Zealand grass-fed dairy protein, with Vitamin Shoppe now stocking the product. One serving contains 14g of dairy protein, and is said to have higher levels of omega-3s than...
A multi-billion dollar industry in sheep milk is available to New Zealand farmers, if they can be convinced of the opportunity, and if they work together.
Consumers in New Zealand and abroad should take confidence in the way a criminal blackmail threat to contaminate infant formula with a pesticide was handled, the country’s food ministry has claimed.
Fonterra's work with FOSS and Arla Foods on a method to screen for adulterants served as a foundation for the development of its award-winning Milk Fingerprinting technology.
Fonterra has started production at its whole milk drying factory in Pahiatua (P3), New Zealand - the first of its kind to be built on an earthquake fault line.
