{"id":19969,"date":"2016-08-17T13:16:33","date_gmt":"2016-08-17T05:16:33","guid":{"rendered":"http:\/\/austcham.org\/?p=19969"},"modified":"2016-08-17T13:16:33","modified_gmt":"2016-08-17T05:16:33","slug":"fatp17082016","status":"publish","type":"post","link":"https:\/\/westchina.austcham.org\/?p=19969","title":{"rendered":"Food &#038; Agribusiness Talking Points 17-08-2016"},"content":{"rendered":"<p><a href=\"http:\/\/austcham.org\/wp-content\/uploads\/2016\/03\/FoodAgriTPB1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-16835\" src=\"http:\/\/austcham.org\/wp-content\/uploads\/2016\/03\/FoodAgriTPB1-1024x256.jpg\" alt=\"Food&amp;AgriTPB\" width=\"1024\" height=\"256\" \/><\/a><\/p>\n<p><strong>In today\u2019s Talking Points:\u00a0Capilano CEO denies claims honey\u00a0exported to China\u00a0not 100% Australian;\u00a0Dairy Association of China (DAC) report finds\u00a0that industry overhaul and stricter regulation has substantially improved the quality of Chinese milk products; livestock shortage looks set to drive the development of a meat futures market; and\u00a0Fonterra adopts\u00a0a new supply chain standard for sourcing palm products following discussions with Greenpeace. \u00a0<\/strong><\/p>\n<hr \/>\n<p><strong>Capilano CEO denies claims honey is not 100% Australian<\/strong><br \/>\nThe CEO of Australia\u2019s Capilano Honey, Ben McKee, has stated that Capilano only exports 100% authentic Australian honey to China, refuting claims by Australian beekeepers that it buys Chinese honey and sells it back to China in blended honey.\u00a0 McKee clarified that Capilano has in the past blended honey sourced from Argentina, Brazil, Hungary and China to deal with recent shortages but this has only been sold domestically or to the Middle East and these products were clearly labelled.\u00a0 Its secondary brand Allowrie honey which uses blended honey is not produced for the export market although some of the product is available on e-commerce platform Taobao.<\/p>\n<p>Source: <a href=\"http:\/\/news.xinhuanet.com\/english\/2016-08\/15\/c_135599658.htm\">Xinhua<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Chinese dairy industry recovering from food safety scandals<\/strong><br \/>\nA report by the Dairy Association of China (DAC) released this week found that the quality of Chinese milk products has improved substantially as a result of the industry overhaul and stricter regulation over the past eight years since the 2008 infant formula contamination scandals.\u00a0 Food safety testing last year found 99.5% of dairy products met the standards and there had been no illegal additives detected for the past seven years.\u00a0 Chinese dairy giants YiliGroup\u00a0and\u00a0Mengniu\u00a0Dairy were ranked in the world\u2019s top 20 dairy companies by Rabobank in 2015, Modern Farming won Monde Selection gold medals for food quality, and baby formula company Junlebao earned the top quality and safety certification from BRC global standards. \u00a0China produced 38.7 million tonnes of milk products last year, ranking third behind the US and India and per capita consumption reached 36.1 kilograms.<\/p>\n<p>Source: <a href=\"http:\/\/www.chinadaily.com.cn\/business\/2016-08\/17\/content_26504196.htm\">China Daily<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Livestock shortage drives meat futures market<\/strong><\/p>\n<p>While other agricultural commodities have had a futures market allowing producers to forward price out up to two years, livestock traditionally not, but this is set to change says Mecardo agribusiness analyst Andrew Whitelaw.\u00a0 Livestock futures are increasingly being provided by companies such as AuctionsPlus, which is offering forward cattle and lamb auctions, and Reimanns Agriculture is looking at offering beef cattle contracts indexed against Meat and Livestock Australia&#8217;s eastern young cattle index (EYCI), and the eastern states trade lamb index (ESTLI).<\/p>\n<p>Source: <a href=\"http:\/\/www.abc.net.au\/news\/2016-08-16\/meat-futures\/7746642\">ABC<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Fonterra works with Greenpeace to set new standards for palm product sourcing<\/strong><\/p>\n<p>Following discussions with Greenpeace, Fonterra has adopted a new supply chain standard to purchase only segregated palm oil and ensure full traceability of palm products back to the plantation.\u00a0 Palm Kernel Extract (PKE) is a by-product of the palm oil industry and is used as a feed supplement in the dairy industry to improve milk production when the quality of pasture is low.\u00a0 Fonterra supplies one third of the PKE used in New Zealand and currently sources all its PKE from Wilmar International which has a \u201cno deforestation, no exploitation\u201d policy.<\/p>\n<p>Source: <a href=\"http:\/\/www.foodnavigator-asia.com\/Formulation\/Fonterra-adopts-new-palm-products-sourcing-standard\">Food Navigator<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In today\u2019s Talking Points:\u00a0Capilano CEO denies claims honey\u00a0exported to China\u00a0not 100% Australian;\u00a0Dairy Association of China (DAC) report finds\u00a0that industry overhaul and stricter regulation has substantially improved the quality of Chinese &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[38,26],"tags":[],"class_list":["post-19969","post","type-post","status-publish","format-standard","hentry","category-food-agri","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/westchina.austcham.org\/index.php?rest_route=\/wp\/v2\/posts\/19969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/westchina.austcham.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/westchina.austcham.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/westchina.austcham.org\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/westchina.austcham.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19969"}],"version-history":[{"count":0,"href":"https:\/\/westchina.austcham.org\/index.php?rest_route=\/wp\/v2\/posts\/19969\/revisions"}],"wp:attachment":[{"href":"https:\/\/westchina.austcham.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/westchina.austcham.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/westchina.austcham.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}