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Don't bank on dairy saving the day
New Zealand’s primary sector exports – dairy in particular – may help weather the covid-19 storm but a sharp fall in global growth coupled with a spike in unemployment could see demand go down the drain. “New Zealand has always been dependent on agriculture and is even more so n...
A2 Milk gets a temporary boost from covid-19
A2 Milk's profit margin is getting a temporary boost as consumers stock up, the kiwi dollar slides and overhead costs are down.“We are now able to confirm that our revenue for the three months to March 31, 2020 was above expectations” on strong revenue growth across all key r...
MARKET OPEN: Sliding dairy, oil prices to cast pall over investors
Weak dairy prices and ongoing fears over the collapse in oil prices are likely to weigh on local markets today as investors fret over the impact on the domestic economy. West Texas Intermediate futures for May delivery - which settle with the physical delivery - went into neg...
Moo moves: Gypsy Day gets green light
New Zealand's dairy cows will be on the move on June 1 regardless of the lockdown level.
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