Fonterra JV sought to send then-PM to Russia
A Fonterra joint venture lobbied for former Prime Minister Bill English to open its new factory in St Petersburg in a groundbreaking formal visit to Russia, while also seeking to keep the deal off the public radar in New Zealand.
Keytone Dairy targets Chinese market expansion
Float aspirant Keytone Dairy will lean on its New Zealand heritage to capture Asian consumer demand for ‘clean and green’ powdered milk products but has no immediate plans to enter the ‘complex’ infant formula market.
Nestle won't dent a2 Milk's China prospects – Harbour Asset Management
Nestle’s incursion into the A1-free beta protein infant formula market in China is unlikely to damage NZX-listed a2 Milk Co’s prospects there, Harbour Asset Management senior analyst Oyvinn Rimer said.
US lactose multi-seller pool temporarily suspended
The pool of US sellers offering lactose on GDT Events will temporarily cease offering the product while options to enhance effectiveness are considered.
Rabobank says new dairy season should be the third in a row with the payout price 'starting with a six' – a shaky start possible but a strong finish anticipated
The 2018/19 dairy season is expected to “hit a six”, with a shaky start possible, but a strong finish anticipated, resulting in a third season with a “milk price starting with a six”, according to a new industry report.
World has had dairy oversupply for 50 years
There has been a worldwide oversupply of dairy products for much of the past 50 years. In the 1970s, Rep. Kiki Delagarza, chairman of the House Agriculture Committee, expressed an understanding for the need for supply management of dairy.
Demand triggers skim milk powder price rise
Whole milk powder prices were softer at last week’s GDT auction, taking the average price down 1.5% to US$3231/t and the overall price index down 1.1%, says Rabobank dairy analyst Emma Higgins.
US and Latin American dairy groups sign partnership
The partnership between the U.S. Dairy Export Council (USDEC) and the Pan-American Dairy Federation (FEPALE) is intended to enhance communications and information-sharing between the region’s dairy sectors.
Dairy prices ease slightly at GDT
Dairy commodity prices eased 1.1% at last night’s Global Dairy Trade (GDT) event.
Trump made US dairy access to Canada a big issue, but NAFTA 2.0 may bring only 'marginal' concessions from Ottawa
With a preliminary NAFTA deal reportedly near, attention is turning to how it could potentially affect U.S. agriculture.