Synlait shares in trading halt
Listed Canterbury milk processor Synlait’s shares have been placed in a trading halt.
Agribusiness expert Keith Woodford says within the next five years China could be accepting only A2 milk products.
Speaking at Federated Farmers Dairy conference in Wellington this morning, Woodford, a retired agribusiness professr, says the push for A2 milk won’t come from the Chinese Government but consumers.
He told dairy leaders that A2 milk was the “largest selling milk” in Australian supermarkets.
“I know this because I’m part of the Australian A2 milk story,” he says.
Woodford says he recently spoke to 6500 “medical folks” in Australia about A2 milk.
“The demand for A2 milk is going to increase around the world,” he says.
“You ain’t seen nothing yet”
He says dairy companies around the world had been ignoring A2 milk until recently.
Fonterra announced a strategic partnership with the a2 Milk Company in February this year.
Over the years the co-op had downplayed the importance of A2 milk.
The Commerce Commission says connectivity options for rural New Zealanders are front-of-mind as it begins a formal investigation into the future of the copper network.
Grand Finalists have been selected, all regional finals have concluded, and the journey towards the FMG Young Farmer of the Year Grand Final is underway.
Hopes of NZ sheepmeat prices picking up anytime soon in the country's key export market of China looks highly unlikely.
Regional councils are welcoming the certainty for councils in today’s Resource Management Act (RMA) announcement by the Government.
ASB says the decision to sign on to the AgriZeroNZ joint venture came out of a wish to be a part of the solution.
Federated Farmers says changes announced to the Resource Management Act today mark the end of the war on farming.
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OPINION: Synlait's financial woes won’t be going away anytime soon.