Displaying items by tag: china

OPINION: Is the Chinese dairy slump coming to an end? Yes, according to one of the China’s biggest dairy companies, Yili Industrial Group.

Latest data out of China isn't making good reading for New Zealand dairy farmers.

Alliance says China is key to any stability in the lamb market.

Agriculture and Trade Minister Damien O'Connor recently addressed the NZ-China Business Summit in Auckland. He spoke about the importance of the Chinese market to NZ exporters but also the need to diversify our export footprint. Here's part of his speech:

The absence of Chinese demand from the global market is keeping dairy prices subdued.

Troubled Canterbury milk processor Synlait has received a boost with Chinese authorities giving the company the green light to manufacture and export infant formula for the next four years.

Reduced short-term demand from China is impacting farmgate milk price, says Fonterra.

Fonterra has established its fifth application centre in China, but unlike the other four, the newest one is focused on beverage applications.

China's reopening and changes in Chinese consumer behaviour is expected to provide business opportunities for beef exporters but also generate volatility in global markets.

There are signs that the Chinese economy is rebounding after Covid-19, but dairy farmers may need to wait a little longer to reap the full benefits from their biggest market.