US remains important market - Fonterra
Fonterra says the US continues to be an important market for New Zealand dairy and the co-op.
OPINION: Fonterra may have sold its dairy farms in China but the appetite for collaboration with the country remains strong.
Last week Fonterra chief executive Miles Hurrell was at the 2024 China International Import Expo in Shanghai, his second trip the annual trade show.
He says CIIE provides a platform for Fonterra to further collaborate with its partners in China.
Fonterra continues to invest in innovation in China's dairy sector - it has six Fonterra application centres in China, focusing on developing new applications for dairy products and helping customers adapt to market trends.
Hurrell reiterates Fonterra's commitment to partnering with local players to grow with China's dairy industry. After all, the Chinese dairy market is worth $6 billion to NZ.
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OPINION: The good times felt across the dairy sector weren't lost at last week's Beef + Lamb NZ annual meeting.