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The Business of Food
and Beverage
 
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The Business of Food and Beverage

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  News   Analysis   Opinion
Thursday 17 June 2021

China

A bad day for A2 Milk
11 May 2021  

A bad day for A2 Milk

The former darling of the NZX was forced to slash its revenue forecasts and write down the value of its assets.


Red meat exports top $1bn as China recovery gains momentum…
10 May 2021  

Red meat exports top $1bn as China recovery gains momentum…

China’s recovery from the Covid-19 pandemic helped lift red meat exports over $1bn in March 2021, says the Meat Industry Association.


Global disruptions mean death of ‘business as usual’ for exporters – B+LNZ
5 May 2021   /

Global disruptions mean death of ‘business as usual’ for exporters – B+LNZ

Food exporters have been warned not to fall back on a ‘business as usual’ approach following the disruption Covid-19 because there is more to come.


Fonterra completes $552m sale of China farms
6 Apr 2021  

Fonterra completes $552m sale of China farms

Fonterra has sold its two China farming hubs in Ying and Yutian to Inner Mongolia Youran Dairy Co.


Westland Milk in $40m butter expansion play
25 Mar 2021  

Westland Milk in $40m butter expansion play

The West Coast dairy company will double the capacity of its Hokitika butter manufacturing plant.


Zespri vote looms as counterfeit kiwifruit plantings grow
24 Mar 2021   /

Zespri vote looms as counterfeit kiwifruit plantings grow

Zespri is progressing its plan to move against the unlawful growing of kiwifruit in China as illegal plantings increase.


Fonterra interim profit drops 22%, China divestment continues
17 Mar 2021  

Fonterra interim profit drops 22%, China divestment continues

The co-op said it was “pleased” with its results as the previous period’s earnings were inflated by asset sales.


Daigou disruption sees A2 Milk profit, shares tumble
1 Mar 2021  

Daigou disruption sees A2 Milk profit, shares tumble

The company suffered a 35% drop in interim profit in what it described as a “challenging” first half year.


A2 Milk maintains guidance, says 2020 has ‘tested us’
19 Nov 2020  

A2 Milk maintains guidance, says 2020 has ‘tested us’

The dairy company says it expects an uptick in activity in the second half of FY21 despite continuing uncertainty.


Govt investigating reports of Covid-19 on NZ meat in China
17 Nov 2020  

Govt investigating reports of Covid-19 on NZ meat in China

Chinese authorities say the virus has been detected on beef and tripe and packaging from NZ, Brazil and Bolivia.


Zespri to sign MOU with China for SunGold trial
6 Nov 2020  

Zespri to sign MOU with China for SunGold trial

Zespri intends to sign a Memorandum of Understanding with government officials in China .


Zespri launches China trial to combat SunGold plantings
23 Oct 2020  

Zespri launches China trial to combat SunGold plantings

Zespri has started a procurement trial in China to try and combat illegal plantings of its SunGold kiwifruit.


NZTE launches global food and beverage campaign
21 Oct 2020   /

NZTE launches global food and beverage campaign

NZTE has launched a new global campaign to showcase the country’s food and beverage industry.


Fonterra to sell China farms for $555m
12 Oct 2020  

Fonterra to sell China farms for $555m

Fonterra is planning to pay down debt with $555m from the sale of farms it has developed in China.