|
New Zealand Dairy Board
The New Zealand Dairy Board (NZDB) was a statutory board in control of the export of all New Zealand dairy products from its formation in 1923 until 2001. It operated through a global network of marketing subsidiaries. In 2001, the Dairy Board was merged with the two largest New Zealand dairy cooperatives (which represented 96% of the industry) to a company initially called GlobalCo, but shortly afterwards renamed Fonterra. The merger required approval from the Commerce Commission, which it declined, so a special Act of Parliament, the Dairy Industry Restructuring Act 2001 was passed allowing the merger to occur. See also * Fonterra * New Zealand Meat Producers Board 1922 * New Zealand Wool Board 1944 * Dairy farming in New Zealand * Agriculture in New Zealand In New Zealand, agriculture is the largest sector of the tradable economy. The country exported NZ$46.4 billion worth of agricultural products (raw and manufactured) in the 12 months to June 2019, 79.6% of the country' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fonterra
Fonterra Co-operative Group Limited is a New Zealand multinational publicly traded dairy co-operative owned by around 9,000 New Zealand farmers. The company is responsible for approximately 30% of the world's dairy exports and with revenue exceeding NZ $22 billion, making it New Zealand's largest company. It is the sixth-largest dairy company in the world as of 2022, as well as the largest in the Southern Hemisphere. Fonterra was established in October 2001 following the merger of the country's two largest dairy co-operatives, New Zealand Dairy Group and Kiwi Cooperative Dairies, with the New Zealand Dairy Board. The name Fonterra comes from Latin , meaning "spring from the land". History In New Zealand, as in most Western countries, dairy co-operatives have long been the main organisational structure in the industry. The first dairy co-operative was established in Otago in 1871. By 1920, there were 600 dairy processing factories of which about 85% were owned by co-operat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commerce Commission
The Commerce Commission ( mi, Te Komihana Tauhokohoko) is a New Zealand government agency with responsibility for enforcing legislation that relates to competition in the country's markets, fair trading and consumer credit contracts, and regulatory responsibility for areas such as electricity and gas, telecommunications, dairy products and airports. It is an independent Crown entity established under the Commerce Act 1986. Although responsible to the Minister of Commerce and Consumer Affairs and the Minister of Broadcasting, Communications and Digital Media, the Commission is run independently from the government, and is intended to be an impartial promotor and enforcer of the law. The Commission undertakes investigations into potential breaches of the Commerce Act 1986 and where appropriate, takes court action. It considers applications for authorisations and clearances in relation to anti-competitive behaviour and mergers, in circumstances where the public benefit outweighs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dairy Industry Restructuring Act 2001
The Dairy Industry Restructuring Act is an Act of Parliament passed in New Zealand in 2001. The Act authorised the amalgamation of New Zealand's two largest dairy co-operatives - New Zealand Co-operative Dairy Company Ltd and Kiwi Co-operative Dairies Ltd - into Fonterra Co-operative Group Limited and the resulting ownership by Fonterra of all the shares in the New Zealand Dairy Board. In order to prevent the monopoly position of Fonterra from being anticompetitive the Act requires an open entry and exit of farmers into and out of the co-operative, and up to 600 million litres of raw milk made available to competitors. These are used in conjunction with the Commerce Act 1986. The Act is administered by the Ministry for Primary Industries. See also *Dairy farming in New Zealand Dairy farming in New Zealand began from small beginnings during the early days of colonisation by Europeans. The New Zealand dairy industry is based almost exclusively on cattle, with a population o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Meat Producers Board
The New Zealand Meat Board is a statutory body which provides quota management on behalf of the Crown for meat exports to the United States, European Union and United Kingdom. To protect their own livestock industry these countries give limited access to New Zealand meat exports. It also manages the Board's inherited financial reserves, which are ultimately owned by New Zealand's livestock farmers, for the benefit of industry projects. Beef + Lamb New Zealand provides industry-good functions. Current responsibilities Quotas To protect their own meat industry U.S. EU and U.K. control the volume and prices of their meat imports from New Zealand. The Board allocates, monitors and manages access to these markets: ;United States :New Zealand is currently permitted to send up to 213,402 tonnes of beef and veal a year to the United States at a tariff rate of US4.4cents per kilogram. Any imports above that quota are subject to a higher tariff rate. Each calendar year the Board uses a ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Wool Board
The New Zealand Wool Board was established in 1944 under the Wool Industry Act.Julian Roche, p180, ''The International Wool Trade'', Woodhead Publishing, Cambridge, England, 1995 McKinsey & Company published a report in 2000 that sparked two years of debate for referendums and reforms to the New Zealand Wool Board. In 2001, McKinsey's recommendations were implemented and Wool Board was dissolved and was completely restructured. Objective Its key objective was 'to obtain, in the interests of growers, the best possible returns for New Zealand Wool'. Funding It was funded by a levy on the proceeds of growers' wool sales. See also * International Wool Secretariat :* Australian Wool Board :* South African Wool Board * British Wool Marketing Board The British Wool Marketing Board (also now known as British Wool) operates the central marketing system for UK fleece wool. A farmer-run organisation, British Wool was established in 1950 with the aim of achieving the best possible ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dairy Farming In New Zealand
Dairy farming in New Zealand began from small beginnings during the early days of colonisation by Europeans. The New Zealand dairy industry is based almost exclusively on cattle, with a population of 4.92 million milking cows in the 2019-20 season. The income from dairy farming is now a major part of the New Zealand economy, becoming an NZ$13.4 billion industry by 2017. History In 1814 the missionary Samuel Marsden introduced the first Shorthorn dairy cows to the Bay of Islands from New South Wales. From the 1840s, most settlements had farms with some Shorthorn dairy cattle. Herds tended to be larger near urban areas. The first dairy co-operative was established on Otago Peninsula in 1871. In 1881, the newly arrived colonist William Bowron gave a series of lectures propounding the notion that the institution of dairy factories, for the mass production of cheese, would be greatly advantageous to the economy of New Zealand. He was largely instrumental in the establishment of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agriculture In New Zealand
In New Zealand, agriculture is the largest sector of the tradable economy. The country exported NZ$46.4 billion worth of agricultural products (raw and manufactured) in the 12 months to June 2019, 79.6% of the country's total exported goods. The agriculture, forestry and fisheries sector directly contributed $12.653 billion (or 5.1%) of the national GDP in the 12 months to September 2020, and employed 143,000 people, 5.9% of New Zealand's workforce, as of the 2018 census. New Zealand is unique in being the only developed country to be totally exposed to the international markets since subsidies, tax concessions and price supports for the agricultural sector were removed in the 1980s. However, as of 2017, the New Zealand Government still provides state investment in infrastructure which supports agriculture. Pastoral farming is the major land use but there are increases in land area devoted to horticulture. New Zealand is a member of the Cairns Group, which is seeking to hav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marketing Boards
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer. Sometimes tasks are contracted to a dedicated marketing firm or advertising agency. More rarely, a trade association or government agency (such as the Agricultural Marketing Service) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Trade Of New Zealand
The economy of New Zealand is a highly developed free-market economy. It is the 51st-largest national economy in the world when measured by nominal gross domestic product (GDP) and the 63rd-largest in the world when measured by purchasing power parity (PPP). New Zealand has a large GDP for its population of 5 million, and sources of revenue are spread throughout the large island nation. The country has one of the most globalised economies and depends greatly on international trade, mainly with Australia, Canada, China, the European Union, Japan, Singapore, South Korea, and the United States. New Zealand's 1983 Closer Economic Relations agreement with Australia means that the economy aligns closely with that of Australia. New Zealand's diverse economy has a sizable service sector, accounting for 63% of all GDP activity . Large-scale manufacturing industries include aluminium production, food processing, metal fabrication, wood and paper products. Mining, manufacturing, electr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dairy Organizations
A dairy is a business enterprise established for the harvesting or processing (or both) of animal milk – mostly from cows or buffaloes, but also from goats, sheep, horses, or camels – for human consumption. A dairy is typically located on a dedicated dairy farm and milk or in a section of a multi-purpose farm (mixed farm) that is concerned with the harvesting of milk. As an attributive, the word ''dairy'' refers to milk-based products, derivatives and processes, and the animals and workers involved in their production: for example dairy cattle, dairy goat. A dairy farm produces milk and a dairy factory processes it into a variety of dairy products. These establishments constitute the global dairy industry, part of the food industry. Terminology Terminology differs between countries. In the United States, for example, an entire dairy farm is commonly called a "dairy". The building or farm area where milk is harvested from the cow is often called a "milking parlor" or "parl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dairy Marketing
A dairy is a business enterprise established for the harvesting or processing (or both) of animal milk – mostly from cows or buffaloes, but also from goats, sheep, horses, or camels – for human consumption. A dairy is typically located on a dedicated dairy farm and milk or in a section of a multi-purpose farm (mixed farm) that is concerned with the harvesting of milk. As an attributive, the word ''dairy'' refers to milk-based products, derivatives and processes, and the animals and workers involved in their production: for example dairy cattle, dairy goat. A dairy farm produces milk and a dairy factory processes it into a variety of dairy products. These establishments constitute the global dairy industry, part of the food industry. Terminology Terminology differs between countries. In the United States, for example, an entire dairy farm is commonly called a "dairy". The building or farm area where milk is harvested from the cow is often called a "milking parlor" or "parlor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
