
A2 Milk disappoints despite record $1 billion in China sales
But the firm still faces issues in the infant formula market in China.
But the firm still faces issues in the infant formula market in China.
There are mixed opinions on how long China will cast a shadow over demand and prices.
DairyNZ has calculated a break-even dairy price of $7.51/kg for farmers.
Lower farmgate returns, shock milk price drop and rising costs bite bottom lines.
Prices are expected to weaken further at latest Global Dairy Trade auction.
"An extraordinarily high loss for a New Zealand commercial property syndication."
It means less tax for the Government and some farmers may not be able to stay in business.
An important global whole milk powder price has gone south.
The two dairy giants agreed to sell DPA for $210 million.
Farm debt has come down but rising costs and a falling milk price are piling pressure on.
Inflation wars and China slowdown loom large, even as some exports surged.
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Kiwis making bullets, sinkers, doing up old homes face lead poison risks.
Ageing Kiwi farmers risk losing their farms because they don't have a succession plan.
Tairāwhiti Gisborne has had three states of emergency this year alone.
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Council's compromise might have just delivered Aucklanders the worst of two worlds.
Miles Hurrell said the market had some rebalancing of inventory to go through.
Fonterra has taken a small stake in US biotech company Pendulum.
Whole milk powder prices dropped at the first GDT auction for the 2023/24 season.
Many growers in the sweetheart export sector are 'under severe financial stress'.
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Fonterra's "mid-point" forecast of $8/kg will be close to break-even for farmers.
Fonterra says it will be a decade before it will abandon coal altogether.
Fruit grower T&G Global said Cyclone Gabrielle would hit its annual profit hard.
Increasing farm debt servicing costs also singled out as a concern.
Council said the venture supported its aspirations. Now, it is a creditor.