Displaying items by tag: china

The China infant formula market has been very challenging for several dairy companies operating there for the last 18 months – not just Fonterra, says Rabobank senior dairy analyst Michael Harvey.

A Massey University professor of animal welfare has been advising China’s animal production officials on raising their industry’s welfare standards.

Fresh milk produced in New Zealand is now available for the first time on supermarket shelves in Shanghai.

Troubled Chinese infant formula company Beingmate has sold a subsidiary, despite opposition from cornerstone shareholder Fonterra which owns an 18.8% interest.

Fonterra is not the only global dairy co-op struggling to save a joint venture in China.

Fonterra has scope to lift its payout from current guidance, but its losses on Beingmate will likely weigh on its earnings and dividend payments, says New Zealand brokerage firm OMF Financial.

Chinese dairy expert Jane Li says Fonterra’s Anmum is struggling to gain a foothold in the country’s lucrative infant formula market.

New Zealand expertise in designing and manufacturing dairy goat rotary platforms is in demand in China. 

Fonterra is entering the fresh milk market in China.

While overall dairy exports from New Zealand and Australia are declining, the European Union is showing strong export growth, says Fonterra’s November Global Dairy Update.