Milk

A2 Milk recalls batches of US baby formula after toxin find

A2’s market value is still higher than it was before its Chinese investment.

China’s low birthrate isn’t doomsday for formula milk suppliers

Several industry experts have expressed scepticism over the structure of the plan as well as the country’s readiness to manage a massive influx of cattle.

Dairy duty: Indonesia presses businesses to find a million cows

A2 is separately selling its 75% stake in Mataura Valley Milk for NZ$100 million and subject to completion of both deals it intends to pay a NZ$300 million special dividend.

A2 Milk to buy New Zealand formula plant to target China growth

The world’s milk deficit will hit 30 million tonnes by 2030, the International Dairy Federation warned in April.

A looming dairy drought will stunt the world’s growth

Traditional milk sales are up 3.5 per cent for the year to May in dollar terms, according to Nielsen IQ.
THE BOTTOM LINE

How milk got its mojo back

Fonterra announced in May it was considering turning away from branded consumer products to concentrate on making more high-value ingredients.

Fonterra to assess IPO as one option for consumer unit sale

China’s dairy industry has also struggled to meet Beijing’s 2018 call to educate consumers to move from drinking milk to “eating milk” to increase dairy consumption.

China dairy farms swim in milk as fewer babies, slow economy cut demand

Chinese milk production has surged 40 per cent in the past decade, creating massive oversupply as the economy struggles to regain its footing and consumption shrinks.

China targets EU dairy just as its own milk industry flounders