date:Sep 25, 2013
lant and expanding food services in China, they're not going to be pushed back significantly because of the botulism issue.
Fonterra, which controls nearly a third of the world dairy trade and generates around 7 percent of New Zealand's GDP, cut its forecast in July after a drought this year sapped milk production.
As global dairy prices hover near record highs, Fonterra has warned that high input costs may dent margins in the current first half.
Its push further into China comes as Beijing s