Milk

A2 Milk recalls batches of US baby formula after toxin find

The global baby formula market has been buffeted by concerns over tainted products

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

Falling birthrates, a phenomenon across richer countries, are obviously a drag on firms that make products for children

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

A lack of cattle means the world’s fourth-largest country by population relies mostly on milk powder imported from Australia, New Zealand and the United States

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 company forecasts high single-digit per cent increase in revenue in the 2026 full year

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

Milk is mostly being produced in the wrong places for the children who need it

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

The dairy industry’s efforts to woo customers away from plant products are a masterclass in corporate survival tactics

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

FONTERRA Cooperative Group will go ahead with the sale process for its global consumer businesses, saying it will consider an initial public offering (IPO) and reiterating that a successful deal will ...

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

CHINA is awash in unwanted milk as falling birth rates and cost-conscious consumers have cut demand even as dairy farms expanded in recent years, forcing smaller farmers out of business and squeezing ...

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

CHINA’S anti-subsidy probe of dairy imports from the European Union comes at a time when the local industry is on its knees.