NZ Braces for Dairy Storage Crunch as China Keeps Buying

Insight Focus Chinese WMP demand lifts prices amid low stocks and storage scramble. NZ non-Fonterra supply jumps, market share pushing above 30%. EU SMP exports face tightening from Algerian tender despite FX challenges. US trade volatility raises risk premiums. NZ Milk Collections Surge NZ June milk collections rose 17.8% year over year to 24 million…