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…
An $8/kgMS farm gate milk price is still on the cards with less than six weeks left to run this season.
Westland Milk has reaffirmed its commitment to pay farmer suppliers 10c above Fonterra farm gate milk price for the following two seasons.
A better than expected start to milk production in New Zealand has softened global dairy prices, says Westpac senior agri economist Nathan Penny.
A full rebalance of China’s dairy market is not expected in the near future, so dairy farmers in New Zealand and around the world will need to manage through more financial pain in the months ahead.
Dairy prices rose for the second successive Global Dairy Trade (GDT) auction last week, but the jury is still out on whether prices have turned a corner.
Fonterra has announced a final 2022-23 season farmgate milk price of $8.22/kgMS and a full-year dividend of 50c.
OPINION: Not so long ago, a payout starting with a six would have been happily accepted by the dairy sector.
OPINION: The Government might not control the Chinese economy and global milk prices, but it can control the regulations and red tape it is imposing on farmers.
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.