A2 sees green shoots in daigou trade

A2 sees green shoots in daigou trade
Rebecca Howard
A2 Milk is already seeing some “very early signs of improvement” in recent weeks in its daigou channel, which key to meeting its latest guidance.“We have seen some very early green shoots, but it’s very early days,” said acting chief executive Geoff Babidge.  He noted market intelligence points to very low inventory in the daigou channel, which means “at some point in time there will be some restocking,” helping bolster the the firm's second half earnings. In late September, the company said it...

More Primary Sector

Zespri on track for 'moderate increase' in volume next year
Primary Sector

Zespri on track for 'moderate increase' in volume next year

Zespri's producer vote to expand global supply passed this week.

Yashili NZ revenue dropped 42%
Primary Sector

Yashili NZ revenue dropped 42%

The Chinese-owned dairy processor’s accounts were due in May.

Zespri growers vote in favour of expanding global supply
Primary Sector

Zespri growers vote in favour of expanding global supply

Zespri’s growers have voted to support the expansion of the kiwifruit marketer’s global supply.A total of 90.6% of voting growers and 93.3% by fruit weight voted in favour of the resolution, which will allocate up to 420 hectares of SunGold fruit per year over six years in Italy,...

Riley Kennedy 11 Dec 2024
Greyhound racing to end
Primary Sector

Greyhound racing to end

Winston Peters says it will be phased out over 20 months.

Riley Kennedy 10 Dec 2024