Plant-based bubble bursts
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The a2 Milk Company is partnering with Lincoln University to launch a new sustainability fund, designed to support sustainability dairy farming projects in New Zealand.
After working on the concept for six years, one of the country’s largest goat farms has launched its own brand of fresh milk.
Milk company A2 has announced a net profit of $386 million, a 34% increase over the previous financial year.
Infant nutrition products contributed strongly to a2 Milk’s record results for the year ended June 30, 2019.
This year was pivotal in the “transformative dynamic” of a2 Milk Company and it had “really only just scratched the surface” of its potential as a business, chief executive Jayne Hrdlicka says.
Federated Farmers national dairy chair Chris Lewis says he is looking into transitioning to an A2 herd but he questions whether the premium will stick if everyone switches.
Farmer demand for A2 dairy bulls for the upcoming mating season is at record levels, says the marketing arm of World Wide Sires NZ.
Asked if Jersey farmers should start breeding for A2 milk – achieveable within five years in Jerseys but at a price in genetic diversity – Fonterra chairman John Wilson advises, “select for the animals which would give the best genetic gain – full stop”.
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