New Zealand dairy sector sours as milk boom ends I FT World Notebook
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs New Zealand, the world’s biggest dairy exporter, has enjoyed a boom driven by China’s growing appetite for dairy. But a glut in supply and softening demand has caused prices to slump. The FT's Jamie Smyth travels to Hamilton, New Zealand, to investigate. Filmed by Jamie Smyth. Produced by Tom Griggs. Edited by Paolo Pascual. For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
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This is a direct result to the rise of vegans and vegetarians. I'm sure the asians have wizened up and switched to alternatives like almond milk and soy.
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who wants milk full of antibiotics? sorry farmer, conventional dairy is busted, and rightly so.
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