Dairy product prices post 11th straight gain; whole milk powder slips
By Margreet Dietz May 8 (BusinessDesk) - Dairy product prices inched higher at the Global Dairy Trade auction, rising for the eleventh straight time, even as whole milk powder posted a third consecutive decline. The GDT price index gained 0.4 percent from the previous auct...
Dairy product prices inch up as drop in whole milk powder checks advance
By Margreet Dietz April 3 (BusinessDesk) - Dairy product prices increased at the Global Dairy Trade auction, rising for the ninth straight time, though a decline in whole milk powder limited gains. The GDT price index added 0.8 percent from the previous auction two weeks ag...
NZ posts trade surplus as China’s appetite for milk powder boosts exports
By Margreet Dietz March 26 (BusinessDesk) - New Zealand posted a trade surplus of $12 million in February, down from a $188 million surplus in the same month a year ago, as China boosted milk powder exports while imports of cars rose. In the last 10 February months, there...
Moa Group posts 'positive ebitda' for summer quarter
By Margreet Dietz March 26 (BusinessDesk) - Moa Group, a brewer which has reported losses since listing in 2012, said it posted positive earnings over the summer quarter and is on track to achieve "near break-even profitability” for the six months ending March 31. Moa achi...
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