Fresh #milk en route to China
A NEW export industry begins tonight when 4500 bottles of milk from farmer-owned Norco Co-operative in northern NSW are loaded on to a cargo plane in Sydney bound for Shanghai.
#Milk price rises in China as dairy cattle decline
The number of dairy cattle in China has dropped by 2 million in 2013 from a year ago, leading to a decline in milk production by 15%-20%, an expert in the dairy industry told Shanghai’s China Business News, adding that the insufficient supply will continue to push up the price of raw milk.
Bright Dairy Unit Synlait Milk Preparing for IPO in New Zealand
Bright Dairy & Food Co. (600597), a Shanghai-based dairy company, said its New Zealand unit Synlait Milk Ltd. is in the process of planning an initial public offering in New Zealand.