The days of cafes getting milk in plastic bottles may be numbered if two young Dunedin entrepreneurs have their way.
New Zealand's export price of timber fell by as much as 20% over June due to an oversupply in China, and these aren’t expected to lift in the short term.
Westland Milk Products’ sale to Chinese interests is an ironic end to the co-op, which last August was named New Zealand’s 2018 Cooperative Business of the Year.
Westland Milk Products shareholders voted overwhelmingly last Thursday to sell their co-op to Chinese dairy giant Yili.
Waikato Milking Systems product and project manager Andy Geissmann believes there’s plenty of scope for Kiwis working in the emerging sheep and goat dairy sectors to export.
Softer whole milk powder (WMP) prices are not surprising given China’s strong import activity recently and the steadily increasing WMP pricing, says Rabobank dairy analyst Emma Higgins.