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2 Jul 2020 18:02
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  •   Home > News > Rural

    Fonterra says its China dairy import volumes climbed 10.1 per cent in March after two consecutive months of declines

    Fonterra says its China dairy import volumes climbed 10.1 per cent in March after two consecutive months of declines


    Fonterra
    Fonterra
    However the world's largest dairy exporter warns the jump in China dairy imports, may not be sustained as inventory levels are rebuilt.

    Fonterra also reported a 13.6 per cent drop in domestic milk exports, dragged down by lower demand from Thailand, China and Saudi Arabia.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     26 Jun: Manawatu dairy farmer Andrew Hoggard is the new president of Federated Farmers
     26 Jun: Former Zespri chairman Peter McBride will lead the boardroom of the country's largest company
     26 Jun: Fonterra is replacing its retiring chairman John Monaghan with Tauranga dairy farmer and kiwifruit grower Peter McBride
     24 Jun: The global demand for sheep milk is growing, and Kiwi farmers are responding
     23 Jun: Fonterra farmers who produce sustainable, high quality milk will soon be eligible for a new payment of up to 10 cents per kg of milksolids
     15 Jun: Dairy farmers aren't overly optimistic that a wide ranging milk payout will be narrowed
     03 Jun: Dairy farmers have agreed to again bankroll their industry organisation
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