Ray Smith: Dairy still has growth potential despite flat export outlook
Ministry for Primary Industries (MPI) Director General Ray Smith believes there is potential for an increase in dairy farming in New Zealand.
This follows the announcement by the Ministry of Primary Industries (MPI) that it is working with Fonterra on a food safety issue with a range of products manufactured from whey protein concentrate.
Synlait Milk has not used any of the whey protein concentrate WPC80 recalled by Fonterra in the manufacture of its nutritional powder products such as infant formula.
Synlait Milk managing director John Penno says food safety and product quality is of paramount importance to the company and it supports the precautionary approach being taken by MPI and the wider industry.
"We expect that this incident will result in some short term disruption to trade and some additional testing requirements for some markets, but we do not expect this event to impact the growth of our infant formula business beyond the immediate disruptions."
