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A2 Milk, hit by strong kiwi, to use Australian cash for global expansion
By Jonathan Underhill Aug. 28 (BusinessDesk) - A2 Milk Co, which markets milk with a protein variant said to have health benefits, will ramp up its expansion in the US, the UK and Asia using cash generated in its biggest market of Australia after a year in which a strong kiwi...
Westland cuts forecast payout on falling global dairy prices, strong kiwi
By Paul McBeth Aug. 28 (BusinessDesk) - Westland Milk Products, the Hokitika-based dairy cooperative, has overtaken rival Fonterra Cooperative Group in cutting its forecast payout to farmers, citing falling global dairy prices and the persistent strength in the kiwi dollar....
NZ dollar buoyed by Fonterra plans to expand capacity, form Chinese partnership
By Tina Morrison Aug. 28 (BusinessDesk) - The New Zealand dollar rose after Fonterra Cooperative Group yesterday said it would maintain its milk price forecast, expand its local processing capacity and form a partnership to help sell its products in China, New Zealand's larges...