Latest fromMeat Industry
Silver fern to seek $100m
Dunedin-based Silver Fern Farms will be looking to raise around $100 million in new equity next year to repay debt, upgrade plant, and to accelerate its "value added" product strategy.
Biz Leader of the Year: Keith Cooper
Keith Cooper headed up New Zealand's biggest meat company, Dunedin-based Silver Fern Farms, for eight years before stepping down in October.
Terms of trade picked to fall further
Falling dairy prices have begun to undermine one of the foundations of the economic upswing, rising national income from the most favourable terms of trade.
Beef prices continue to set records
Global dairy markets have plummeted but New Zealand beef prices have continued to hit record highs, while sheepmeat prices have stayed firm, Rabobank says.
Silver Fern Farms turns to pretax profit
The Dunedin-based meat company expects pretax earnings of $5m to $7m in the year ended Sept. 30 following losses the previous two years.
Landcorp pushing to diversify, says chair
Landcorp's decision to take full control of New Zealand's largest red meat genetics business is an example of the state-owned enterprise's push to diversify its operations.
China trade needs more than logs and milk
Two-way trade with China has doubled every five years since the early 1990s but the historic growth rates may not continue.
Meat deal too tough to swallow
New Zealand meat companies abandoned efforts to consolidate and reduce surplus capacity last year because they lacked an agreed export strategy.
Worker dragged by hook in face
A meat worker who took a hook through his head from behind was dragged with the chain, as his workmate rushed to stop the machine.
Beef prices continue to rise
New Zealand beef prices continued to rise in May and into this month as supplies tightened and international demand remained strong, says Rabobank in its monthly agribusiness update.
Kiwi meat in UK halalbaloo
Religious leaders in the UK want all halal and kosher meat labelled with slaughter methods. With a large chunk of NZ lamb sold there, are our exports at risk?
Sheep and beef farm profits tipped to rise
Sheep and beef farm profits are expected to jump 35 per cent over 2013-14 from last year's drought-affected season.
Meat exporter to review operations after big loss
Silver Fern Farms, the country's biggest meat processor, said it had hired PricewaterhouseCoopers (PwC) to undertake a review of the company after it suffered a $28.6 million loss for the September year.
Engineering firm cuts big deals
Having the capability to build end-to-end meat processing and packaging systems is helping Milmeq win major deals on the world stage, says chief executive Mike Lightfoot.
Mood for change in the meat industry
Behind-the-scenes moves are under way to restructure the New Zealand meat industry.
Eye on aid for giants
The Auditor-General is to investigate a flagship Government project which involves millions in subsidies being paid to some of New Zealand's biggest primary sector businesses.
China meat exports to restart
An agreement has been reached in Beijing to ensure New Zealand meat exports to China can resume on a normal basis.
China clears Kiwi meat - Minister
New Zealand meat shipments stranded for weeks on Chinese wharves have received clearance from Chinese authorities, Primary Industries Minister Nathan Guy says.
NZ meat hold-up in China continues
New Zealand sheep and beef meat is still held up at the Chinese border and officials say the documentation required to get the ball rolling only arrived in China today.
Key: Technical issue holding up meat
John Key says the refusal by Chinese officials to clear containers of frozen meat being held at the border is simply because of confusion over documentation.
'Technical issues' holding up meat
Chinese measures to curb sales of counterfeit meat may be a factor in millions of dollars of exported New Zealand meat being held up on Chinese wharves.
Cruelty footage blow to Oz beef industry
The tiny Outback town of Richmond, 400km east of Mt Isa in northwest Queensland, celebrated its annual fossil festival last week.
Fatty diet wreaks havoc in islands
Pacific health experts are calling for a quota on the amount of fatty food exported to the Pacific Islands, where heart disease, diabetes and obesity are the norm.
Meat exports part of Pacific problems
A Samoan MP and former health minister has reignited calls on New Zealand to stop sending fatty meat to the Pacific Islands over health concerns.
'Key day' for red meat industry
Nearly 1000 farmers gathered in Gore yesterday to overwhelmingly support a mandate for change in the beleaguered red meat industry.