Author Archives: Keith Woodford

About Keith Woodford

Keith Woodford is an independent consultant, based in New Zealand, who works internationally on agri-food systems and rural development projects. He holds honorary positions as Professor of Agri-Food Systems at Lincoln University, New Zealand, and as Senior Research Fellow at the Contemporary China Research Centre at Victoria University, Wellington.

Is there a future for Oz Fonterra as Fonterra’s finances unravel?

Fonterra’s announcement that it expects a loss of around $600 million or more for the year ended 31 July 2019 has big ramifications for Oz Fonterra.  With overseas-milk pools now lying outside the central focus of Fonterra’s new strategy, and … Continue reading

Posted in Dairy, Fonterra | 6 Comments

Fonterra’s losses provide more questions than answers

The forthcoming asset write downs of more than $800 million announced on 12 August by Chairman John Monaghan are clearly damaging to Fonterra’s balance sheet. It also means that Fonterra will now make a loss for the year of around … Continue reading

Posted in Dairy, Fonterra | 2 Comments

Forestry decisions need to be made now

New Zealand’s forestry policy is in a mess. We have drifted into a situation where the big decisions are made outside of New Zealand. Governmental forestry policy is like steering a dog by the tail. And this particular dog has … Continue reading

Posted in carbon farming, forestry, Meat Industry | 4 Comments

New A2 milk research provides digestive and cognitive evidence in young children

A new paper relating to A2 milk has been published this month in the Journal of Pediatric Gastroenterology and Nutrition (JPGN). The paper provides strong evidence from a clinical trial with pre-school children in China that A1 beta-casein relative to … Continue reading

Posted in A1 and A2 milk, China, Dairy, Uncategorized | 15 Comments

It’s time for a stocktake on Mycoplasma bovis

It is now two years since Mycoplasma bovis was first identified in New Zealand. In those two years there have been 178 farms with confirmed infections.  In the last six months the cumulative number of confirmed infections has doubled. The … Continue reading

Posted in Dairy, Mycoplasma bovis | 1 Comment

Uncertainty plus unique ownership structure drive Fonterra share volatility

Fonterra’s shares have been on a steady downward slide for the last 18 months. In January 2018 they were selling at $6.60 dropping to $3.86 at closing on 30 June 2019. Then this last week things suddenly turned volatile, dropping … Continue reading

Posted in Dairy, Fonterra | 2 Comments

Decision time at Westland for Yili bid

The time has come when Westland’s dairy farmers must make their decision. Do they want to take the money and go with Chinese mega-company Yili, or do they wish to struggle on as a co-operative?  We will know the answer … Continue reading

Posted in Agribusiness, China, Dairy | 1 Comment