Chinese demand for kiwi cows

There's a strong demand for New Zealand cows in China.

Some New Zealand farmers have been sending their excess stock over to Fonterra-owned Chinese farms, to help build their herd numbers.

There are a number of benefits for New Zealand farmers including allowing them to upgrade their stock, to cows which offer higher milk yields.

Waikato dairy farmer Roger Blunt says at the moment demand is high, but you never know what the future holds.

"The market will stay relatively strong, but that could also diasppear overnight too if, for whatever reason, they decide to stop buying."

Roger Blunt says the cows need to tick a number of boxes before they get sent off to China.


Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
to view quotes in your portfolios.