Tweet from Zero hedge – of interest to NZD traders:
NZ MINISTRY REVOKES EXPORT CERTIFICATES ON WESTLAND MILK, SAYS 4 CONSIGNMENTS OF LACTOFERRIN TO CHINA AFFECTED
NZD/USD is falling a little on the news headline, but the range is small so far this morning. In the wake of the Fonterra scare the kiwi markets are extra sensitive to dairy/export related stories.
More:
- NZ has withdrawn certification for Westland Milk product shipped to China after nitrates found
- Revoked export certificates for four consignments of lactoferrin made by Westland Milk Products after unacceptable levels of nitrates were found in two batches.
- One batch was exported directly to China and a second was supplied to Tatua Cooperative Dairy Co before being shipped to China, the department said.
