Record dairy exportsThis article was originally published in Foodnews
FONTERRA has recorded its highest-ever export figures. The giant New Zealand dairy co-operative exported 246 000 tonnes of product, worth NZD1.3 billion (USD1.0 billion), in December. A good autumn and mild winter were responsible for excellent grass ahead of the 2011-12 season, helping raise milk yields. Milk deliveries were up about 10% on a daily basis during the peak flow in late September to November, according to trade and operations managing director Gary Romano. Demand for quality products is still looking strong, with strong markets in south east Asia, China, the Middle East and North Africa, he added.