News

World short of lamb but can NZ supply?
A global lamb shortage equivalent to three-quarters of New Zealand's production is looming, but the continued erosion of NZ sheep flock means the country is not in a position to satisfy that demand, according to the Otago Daily Times.
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WTO says Aussie apple ban on NZ illegal
The World Trade Organization ruled Monday that Australia's 89-year ban on imports of New Zealand apples is illegal, and ordered Canberra to comply with international commerce law.
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Saudi Arabia looking for pet-food and medical equipment
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Global TV makers slash price in China to compete
Sony and Panasonic, the world's two largest makers of consumer electronics, are slashing some TV prices by a third in China after being outsold 6-to-1 by Shenzhen-based Skyworth, according to a report carried by ChinaDaily.com.
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Dupont survey says consumers favour green solutions
According to TradeArabia.dom, more than 95% of those who took part in a survey conducted by DuPont agreed that customer demand is a key driver for developing products with an enhanced environmental profile.
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Bahrain to raise sheep imports during fasting month
Bahrain plans to increase sheep imports by almost 60% during Ramadan to meet food supply demands, according to TradeArabia.com.
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New Kiwi product to help make low-fat pies
Nekta Nutrition Ltd, an Auckland based functional food Research Company, beverage manufacturer and exporter has launched a new product with the potential to dramatically improve the New Zealand and Australian baking industries, the company says in a release
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NZ needs to make stand against animal cloning
New Zealand needs a ban on animal cloning, food from cloned animals and a verification process put in for imported foods to ensure compliance for New Zealand consumers, according to the Soil & Health Association of New Zealand.
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Maersk says won't sail oil tankers at a loss
Tanker shipping group Maersk Tankers will keep vessels docked if it cannot cover costs, the company's chief was quoted by a Reuters report as saying.
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Construction company in Thailand looking for caravans
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UAE's Agthia Group signs Yoplait francise
UAE-based Agthia Group, a leading FMCG firm, has signed a franchise agreement with Yoplait Group of France for exclusive rights to manufacture and distribute fresh dairy products under the Yoplait brand, according to TradeArabia.com.
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Russian bans export of grains amidst drought
Vladimir Putin, Russian prime minister, announced a ban on all the country’s grain exports, effective within 10 days, after a severe drought devastated crops and wildfires spread across the country, according to the Financial Times of UK.
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Australian super-markets looking at New Zealand food producers
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EC, US distributors jostle for cargo space
Retailers and distributors in Europe and the US are outbidding each other to secure scarce cargo space on ships, The Australian reported.
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Fonterra reports fall in dairy prices
Fonterra has revealed that prices were down sharply at its latest auction, as concerns about supply, which had fueled recent price increases, eased, according to DairyReporter.com.
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