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…
Analysts are now picking a dairy price recovery by the end of the year. Haven't they said that for the last three years?
Banks have cut their farmgate milk price forecast after another drop in the GDT price index last week, albeit minor at an overall 1.4%.
Record revenue was made in the last quarter, despite the NZD depreciation and average per tonne values being down.
A drop in fresh milk prices by 14% contributed to food prices falling by 1.3% in the year to December 2015, Statistics New Zealand says.
The 14.8% lift in the Global Dairy Trade overnight shows the circuit breaker that dairy markets have long needed is now in hand, ASB bank says.
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.