Nutritional market spike benefits Mataura Valley

Wed, 01 Apr 2020

Southland milk formula producer Mataura Valley Milk is benefiting from a “significant spike” in demand for nutritional products into China as European milk volumes stall. Chief executive Bernard May said that while it was probably too early to forecast a trend, there was definitely a “window of opportunity” for New Zealand nutrition producers to fill that gap until Europe gets back to normal milk production. The $300 million plant near Gore, majority owned by China Animal Husbandry Group, has been operating at full seasonal capacity of 18...

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