Suitors line up
OPINION: As Fonterra's divestment of its Oceania and global consumer businesses progresses, clear contenders are emerging.
Agribusiness expert Keith Woodford says within the next five years China could be accepting only A2 milk products.
Speaking at Federated Farmers Dairy conference in Wellington this morning, Woodford, a retired agribusiness professr, says the push for A2 milk won’t come from the Chinese Government but consumers.
He told dairy leaders that A2 milk was the “largest selling milk” in Australian supermarkets.
“I know this because I’m part of the Australian A2 milk story,” he says.
Woodford says he recently spoke to 6500 “medical folks” in Australia about A2 milk.
“The demand for A2 milk is going to increase around the world,” he says.
“You ain’t seen nothing yet”
He says dairy companies around the world had been ignoring A2 milk until recently.
Fonterra announced a strategic partnership with the a2 Milk Company in February this year.
Over the years the co-op had downplayed the importance of A2 milk.
Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
The most talked about, economically transformational pieces of legislation in a generation have finally begun their journey into the statute books.