Price cut coming?
OPINION: Dipping global dairy prices have already resulted in Irish farmers facing a price cut from processors.
New Zealand's largest red meat export market has hit the wall, with China taking much less of our sheepmeat and beef.
OPINION: Is the Chinese dairy slump coming to an end? Yes, according to one of the China’s biggest dairy companies, Yili Industrial Group.
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:
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.
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.
OPINION: Dipping global dairy prices have already resulted in Irish farmers facing a price cut from processors.
OPINION: Are the heydays of soaring global demand for butter over?