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Fonterra – How Complicated Can the Milk Business Get?

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Touch the Soil News #617 Fonterra means “spring from the land.” Fonterra is one of the world’s largest dairy producers and manufacturers headquartered in New Zealand. The company is responsible for about 30 percent of the global dairy trade and is the largest company in New Zealand. New Zealand in general and Fonterra in specifics are to dairy what Saudi Arabia is to oil. No, you probably won’t see Fonterra dairy products at the grocery store. However, you might be eating them when you go to McDonalds. Fonterra supplies enough cheese to McDonalds to create a cheese ring that goes 3.5 times around the Earth. Fonterra is a dairy cooperative…

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Global Food – Can Be a Real Porker

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Touch the Soil News #479 A few days ago, in news piece #473, we wrote about domino effects in the food chain. Recently, Rabobank, the world’s largest agricultural bank headquartered in the Netherlands reported on the domino effects of the pork industry. Unlike other banks, Rabobank is partly a cooperative. The bank has almost 9 million clients (mostly ag) around the world and a fair presence in the United States. Rabobank reported a rather amazing set of dominos falling around the world: Mexico is the largest customer of U.S. pork, with U.S. pork exports to Mexico growing by 10 percent a year. Mexico’s pork production has been stunted due to…

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