Tag Archives: Agribusiness

A group of New Zealand primary sector firms has opened a joint marketing office in Shanghai, completing a three-year gestation to make life easier in breaking into the world’s second biggest economy.  Primary Collaboration New Zealand officially opened its office in one of China’s major cities yesterday in what chairman Andy Borland hopes will give local firms a foothold in what’s seen as …

Livestock Improvement Corp, a farmer cooperative that sells bull semen and provides a dairy genetics database, posted a 10 percent gain in first-half profit on increased demand for its products and services.  Profit rose to $29.7 million in the six months ended Nov. 30, from $26.9 million a year earlier, the Hamilton-based company said in a statement. Sales climbed 18 percent to $159 million. …

Graeme Harrison, chairman of meat company Anzco Foods, is to fund a new professorial chair in global value chains and trade at Lincoln University, initially for a term of five years.  The new position will sit within the university’s agribusiness and commerce faculty, which already has a global value chain and trade department. The university declined to release financial details …

The Ministry for Primary Industries and Zespri International, the world’s largest kiwifruit marketer, are monitoring reports that staff at a Chinese company that imports a number of New Zealand’s primary sector products have been arrested in a crackdown by Chinese Customs.  According to a National Business Review report, nine staff at Dalian Yidu are understood to have been arrested in …

Seeka Kiwifruit Industries, the country’s biggest kiwifruit grower, sees annual profit growth of up to 11 percent and is planning to expand its capacity in coming years as kiwifruit crops recover from the outbreak of the Psa-V vine disease. The Te Puke-based company forecasts net profit of between $2.6 million and $3 million in the 12 months ending Dec. 31, compared to $2.7 million …

and Alexander Speirs New Zealand’s oldest dairy co-op celebrated its centenary anniversary on Monday evening. Staunchly independent and refreshingly different, Tatua has evolved from a dairy company of 10 farmers to an international business with nearly 400 staff and revenue approaching $250 million. Based on the outskirts of Morrinsville in Central Waikato, CEO Paul McGilvary describes the company as being …

It’s high-stakes for Fonterra and its more than 10,000 farmer shareholders as the dairy cooperative tries to halt Danone’s multimillion-dollar action in the High Court at Auckland. The French food conglomerate wants compensation for alleged damages of the more than half a billion dollars it claims to have suffered as a result of last year’s botulism scare. The scare ultimately …

New Zealand officials are again seeking clarification from China after meat consignments were stalled on Chinese wharves for the second time in as many months. Primary Industries Minister Nathan Guy, who is in China on a trade mission, said he learned on Thursday that China had changed meat import rules and is now requiring sign off by a veterinarian directly …

NZ National Fieldays Society has signed an MOU with the Confederation of Indian Industry which is the organisation behind  India’s largest agricultural technology trade event – Agro Tech. The MOU –  brokered by ANZ – will assist the two organisations to collaborate to promote their international trade activities.  It was unveiled during a business mission to India led by Primary …