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…
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.
Demand for New Zealand fresh milk in China is “exploding”, says independent processor Green Valley Dairy.
After an uninspiring ten months, the start of 2015 has understandably created a great deal more optimism on the sellers’ side of global dairy markets.
New Zealand infant formula exports to China have been given a boost with the launch last week of a new pilot project to test products here instead of there.
A Kiwi company specialising in selling milk products to China is planning a major expansion and is planning to raise $10 million to do this.
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
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