Plant-based bubble bursts
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
Buyers appear comfortable with the current whole milk powder (WMP) prices despite predictions of higher production in New Zealand, says Rabobank dairy analyst Emma Higgins.
Butter prices last week burst through the US$6000/tonne mark for the first time in GDT Event history, hitting US$6004/t for the tenth time this year.
The back-to-fat story was reinforced at the latest GDT event with butter up 3.3% to a fresh auction record high of US$5631/t, says ASB senior rural economist Nathan Penny.
New Zealand dairy farmers can look forward to a good season in 2017-18, after having enjoyed the fruits of improved commodity prices much earlier than their global counterparts.
The rise of fats continues to play out as the GlobalDairyTrade (GDT) auction saw its second consecutive rise last week, says Rabobank dairy analyst, Emma Higgins.
Global milk production has fallen faster than expected in recent months, with the resulting rally in global dairy markets expected to be sustained into 2017, according to Rabobank.
A tertiary network designed to increase the number of high achieving graduates entering the sheep and beef industry is proving hugely successful in only its second year.
“A super start to spring” is how Rabobank dairy analyst Emma Higgins describes the third consecutive significant rise on the Global Dairy Trade (GDT) event platform.
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
OPINION: Synlait's financial woes won’t be going away anytime soon.