8th April 2024 Dairy / Perspectives
Megafarms are being set up to produce camel milk on industrial scales, but the emerging trend should cause us to pause and reflect, argue University of Oxford’s Ariell Ahearn and Dawn Chatty.
Dairy prices jumped again in the latest auction, as demand for products continues to rebound.
Listed milk processor Synlait Milk has lifted its 2023-24 forecast milk price by 25c.
All New Zealand dairy products are now able to enter China duty free, with the end of safeguard duties on milk powder, according to Trade and Agriculture Minister, Todd McClay.
The dairy quota system, which has been in place since 2007, is set to change following a review in the wake of New Zealand’s new free trade agreements.
Administrators have been appointed to fledgling Waikato dairy processing business Happy Valley Nutrition.
Tasmanian company The Udder Way has partnered with Waikato owned and operated Green Valley Dairies to launch a reusable milk keg for hospitality operators.
Exports of milk powder, butter, and cheese – New Zealand’s largest export commodity group – rose to $2bn in April 2023, up 26% compared to the same month last year, according to Stats NZ’s latest overseas merchandise trade statistics.
Growing oats for milk in NZ uses less land and produces fewer greenhouse emissions than a traditional dairy system, but is also less profitable, according to a new study.
NZ’s export revenue could fall by a quarter if the rise of alt-dairy sees it grow to take a 60% stake in the global dairy protein market, according to a new report.
A global conference on infant and young children’s nutrition is being held over two days in Wellington on Tuesday and Wednesday this week.
Are plant-based beverages and bovine milk nutritionally similar?
The Government intends to review the dairy quota allocation system to maximise export returns for New Zealand’s dairy industry, Agriculture Minister Damien O’Connor announced.
The combined turnover of Rabobank’s Global Dairy Top 20 companies jumped by 9.3% in US dollar terms, following the prior year’s decline of 0.1%.
Westland Milk Products has officially opened its new $40m butter plant in Hokitika.
Dairy co-op Fonterra is buying back $50m in its own shares because it believes the price is too low.
The Dairy Companies Association of New Zealand is calling for the European Union to move beyond dairy market protectionism in its trade negotiation with New Zealand.
Dairy prices have fallen for the fifth consecutive time at the fortnightly global dairy sale, with the average price dropping 2% to US$4,432 a tonne (NZ$6,970).
Dairy company Fonterra has criticised the conclusions of a report commissioned by its largest competitor for New Zealand raw milk, Open Country Dairy, on the likely impact of its proposed restructuring.
A study to examine the effects of milk powder consumption on nutritional value and digestive comfort has received funding from the High-Value Nutrition Ko Ngā Kai Whai Painga National Science Challenge
New Zealand’s food exports to Russia total around $233m, and include dairy, apples, seafood and wine.
Federated Farmers is relieved hundreds of extra international dairy workers can enter New Zealand this season.
Global dairy prices have hit a new record.
Fonterra’s New Zealand milk collection dropped 6.1% to in January compared with the same month last year.
New Zealand exports of milk powder, butter, cheese, jumped 15% to $1.6bn in January when compared with the same month a year earlier.
The company’s new CEO Nick Hammond talks culture, scale-up challenges, China, and the prospects for growth.
Fonterra is offloading its two joint venture farms in China to Singapore-based AustAsia Investment Holdings for $163m.
The Vegan Society Aotearoa New Zealand is questioning the need for dairy exports as the industry’s affect on the environment continues to be in the spotlight.
Dinuka and Nadeeka Gamage were announced winners of the region’s Share Farmer of the Year category.
An investigation in 2019 found breaches of minimum employment standards in relation to 24 workers.
Southern Pastures has entered into a three-year $50m sustainability-linked farm loan with BNZ and its syndicate.
The announcement follows Richard Wyeth’s departure in October.
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