Sweden's milk war is now being played out on television.
BNZ senior economist Craig Ebert says he doubts the crisis on the Chinese sharemarket will trigger a wholesale collapse of the Chinese economy.
The world's largest dairy company, Nestle is spending $23 million to boost its ice cream business in China.
News that China is to allow Brazilian beef back into its markets shouldn’t derail the bull run the New Zealand industry is enjoying, says leading exporter Silver Fern Farms.
The Chinese bought a one year supply of milk powder from world markets then suddenly stopped buying, Alltech’s chief innovation officer, Aidan Connolly, says.
The China-led story about growth in dairy demand is likely over, says Hayley Moynihan, Rabobank’s dairy research director for NZ and Asia.
The value of goods exports to Australia ($8.7 billion) surpassed those to China for the year ended March 2015, says Statistics New Zealand.
The world tractor market for 2014 is estimated to be about 2.1 million units, which showed a slight decline and high regional variation.