Plant-based bubble bursts
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
Three bank economists see a risk of downside to farmgate prices from last week’s GDT auction where the overall price index dropped 2.4%.
The back-to-fat story was reinforced at the latest GDT event with butter up 3.3% to a fresh auction record high of US$5631/t, says ASB senior rural economist Nathan Penny.
New Zealand’s three major export sectors- beef, lamb and dairy- may pass the $6/kg mark simultaneously at some stage this year, says ASB analyst Nathan Penny.
The rise of fats continues to play out as the GlobalDairyTrade (GDT) auction saw its second consecutive rise last week, says Rabobank dairy analyst, Emma Higgins.
Latin America may have been the unexpected cause of the GlobalDairyTrade (GDT) overall price index rising 1.7% last week against expectations, says ASB senior rural economist Nathan Penny.
Improved milk production in New Zealand has caused dairy prices to fall heavily overnight, says ASB economist Nathan Penny.
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
OPINION: Synlait's financial woes won’t be going away anytime soon.