Recent Posts

Dairy product prices rise 1.1 percent in final GDT auction of the year

Prices of dairy products rose in the final GlobalDairyTrade auction of the year, though whole milk powder, the biggest product by volume, fell for the fourth sale in a row, The GDT-TWI Price Index rose 1.1 percent compared to the last sale two weeks ago. The average winning price rose to US$3,311 a metric tonne from US$3,290 a tonne in …

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China’s largest dairy player Yili scoops up Oceania; plans $214m investment in new NZ infant formula plant

China’s biggest dairy company is set to invest $214 million in a new infant milk powder plant in New Zealand driving more competition into Fonterra’s back yard. Yili said it was attracted by NZ’s “relatively cheap” raw milk prices, as well as, the free trade agreement between China and New Zealand, under which dairy import tariffs reduce to zero by …

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Right on Xmas – Don Brash knows his politics

The Christmas Grinch has struck again with Don Brash depriving the usual suspects of a chance to have a decent whack at the sale of Oceania Dairy to China’s biggest dairy company at a time when they all want to wind down rather than up. a cause and effect essay To be fair, Brash is just one of two directors …

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