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OPINION: Some leaders in the New Zealand dairy industry will be keeping an anxious watch on the growing spat between China and Australia.
With China slapping hefty tariffs of Aussie exports like wine and barley and its senior government officials trading barbs over trade and political issues, fears are things could turn from bad to worse.
Australia has bounced back from its technical recession with solid growth figures and its politicians were quick to point out that they don’t need China for economic growth.
However, NZ cannot think like that. Fonterra accounts for 36% of all dairy imports into China. One dairy insider says the Oz/China impasse should give you chills. “Dine with a long spoon when you trade with China. They can turn the tap off for geo-political reasons any old time.”
Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.
OPINION: Farmer shareholders of two of New Zealand's largest co-operatives have an important decision to make this month and what they decide could change the landscape of the dairy and meat sectors in New Zealand.
OPINION: As CEO of the Dairy Board in the 1980s I was fortunate to work with a team of experienced and capable executives who made most of the brand investments that created the international consumer business Fonterra inherited. Soprole in Chile was the largest, but there were more than 20 countries where consumer marketing companies were established and Anchor and other brands were successfully launched.
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Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
