Dairy companies in Australia and New Zealand are queueing to restock empty shelves in the United States with baby food, after the country recently relaxed its import policy to mitigate one of the biggest infant formula shortages in recent history. New Zealand’s dairy giants Fonterra and a2 Milk, and privately-run Australian firm Bellamy’s Organic confirmed…
Antipodean Dairy Firms Eye Baby Food Supply to US After Bubs Australia Nod
A2 Milk Share Prices Spill After Daigou Collapse
A2 Milk shares have plummeted to a two-year low after the company revealed a large fall in profit caused by COVID-19 restrictions. The latest interim report for the company (pdf) revealed it had suffered a 35 percent drop in its half-year net profits after its daigou trade collapsed due to border restrictions and supply chain…
A2 Milk Shares Spill After Chinese ‘Personal Shopper’ Market Collapses
A2 Milk shares have plummeted to a two-year low after the company revealed a large fall in profit caused by COVID-19 restrictions. The latest interim report for the company (pdf) revealed it had suffered a 35 percent drop in its half-year net profits after its daigou trade collapsed due to border restrictions and supply chain…
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