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Markets with Madison: Fonterra recovery


Dairy co-operative Fonterra has executed a recovery with a record $1.6 billion profit. But milk product demand is declining in China and farmers are facing financial pressure.

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Supermarket shakeup
New Zealand

Supermarket shakeup

Grocery commissioner Pierre van Heerden doubles down on calls for a third big retailer and wholesaler to compete with Foodstuffs and Woolworths, speaking with BusinessDesk.