Fonterra's July milk output in New Zealand up 5%
Published Tue, Aug 27, 2019 · 10:48 PM
[BENGALURU] Dairy group Fonterra on Wednesday said milk production in July climbed 4.8 per cent year-on-year in New Zealand, helped by good conditions at the start of the season.
New Zealand July milk collection rose 2.2 per cent from a year ago, the company said.
Australian milk production, however, declined 9.9 per cent in June on the back of reduced herd sizes and strained farmer finances, the company said.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
HCA beats first-quarter profit estimates on higher patient admissions
US FDA approves Pfizer’s gene therapy for rare bleeding disorder
EU toughens rules on Chinese fashion retailer Shein
Best World under fire from shareholders at AGM over dividends, director salaries
‘Extreme’ climate blamed for world’s worst wine harvest in 62 years
Sheng Siong Q1 net profit up 9.3% on higher revenue