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.
Analysis by Dunedin-based Techion New Zealand shows the cost of undetected drench resistance in sheep has exploded to an estimated $98 million a year.
Shipping disruption caused by Houthi rebels in the Red Sea has so far not impacted fertiliser prices or supply on farm.
The opportunity to spend more time on farm while providing a dedicated service for shareholders attracted new environmental manager Ben Howden to work for Waimakariri Irrigation Limited (WIL).
Federated Farmers claims that the Otago Regional Council is charging ahead unnecessarily with piling more regulation on rural communities.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
OPINION: We have good friends from way back who had lived in one of our major cities for many years.